Errol Samuelson Sells 7,641 Shares of Zillow Group (NASDAQ:Z) Stock

Zillow Group, Inc. (NASDAQ:Z) insider Errol Samuelson sold 7,641 shares of Zillow Group stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $71.13, for a total transaction of $543,504.33. Following the completion of the transaction, the insider directly owned 120,815 shares of the company’s stock, valued at $8,593,570.95. The trade was a 5.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Zillow Group Stock Down 2.2%

Shares of NASDAQ:Z traded down $1.57 during trading on Friday, reaching $68.80. 3,766,893 shares of the company’s stock traded hands, compared to its average volume of 2,754,949. Zillow Group, Inc. has a fifty-two week low of $57.51 and a fifty-two week high of $93.88. The firm has a market cap of $16.65 billion, a PE ratio of -491.39, a P/E/G ratio of 28.32 and a beta of 2.10. The company has a 50-day simple moving average of $77.63 and a 200-day simple moving average of $75.64.

Zillow Group (NASDAQ:Z) last released its quarterly earnings results on Thursday, October 30th. The financial services provider reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.02). Zillow Group had a negative return on equity of 0.56% and a negative net margin of 1.29%.The business had revenue of $729.00 million during the quarter, compared to analyst estimates of $670.28 million. Zillow Group has set its Q4 2025 guidance at EPS. On average, equities research analysts forecast that Zillow Group, Inc. will post 0.32 EPS for the current year.

Wall Street Analyst Weigh In

Z has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods dropped their price target on shares of Zillow Group from $85.00 to $80.00 and set a “market perform” rating on the stock in a research note on Monday, November 3rd. Oppenheimer began coverage on Zillow Group in a research report on Monday, October 6th. They issued a “market perform” rating for the company. Sanford C. Bernstein raised Zillow Group from a “market perform” rating to an “outperform” rating and set a $105.00 price target for the company in a report on Wednesday, September 17th. Mizuho raised Zillow Group to a “strong-buy” rating in a research note on Monday, September 29th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Zillow Group in a report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $91.14.

Hedge Funds Weigh In On Zillow Group

A number of hedge funds and other institutional investors have recently bought and sold shares of Z. Vanguard Group Inc. lifted its holdings in Zillow Group by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 23,073,862 shares of the financial services provider’s stock worth $1,777,841,000 after buying an additional 71,336 shares in the last quarter. Independent Franchise Partners LLP increased its holdings in shares of Zillow Group by 2.5% in the 1st quarter. Independent Franchise Partners LLP now owns 11,153,697 shares of the financial services provider’s stock valued at $764,697,000 after acquiring an additional 271,084 shares during the last quarter. Capital World Investors raised its holdings in Zillow Group by 7.8% during the third quarter. Capital World Investors now owns 10,635,008 shares of the financial services provider’s stock worth $819,427,000 after purchasing an additional 769,944 shares in the last quarter. Ninety One UK Ltd raised its stake in Zillow Group by 2.0% during the 3rd quarter. Ninety One UK Ltd now owns 4,825,287 shares of the financial services provider’s stock worth $371,788,000 after acquiring an additional 93,339 shares in the last quarter. Finally, Eminence Capital LP lifted its holdings in shares of Zillow Group by 63.6% in the 2nd quarter. Eminence Capital LP now owns 3,978,731 shares of the financial services provider’s stock valued at $278,710,000 after purchasing an additional 1,546,577 shares during the last quarter. 71.01% of the stock is currently owned by hedge funds and other institutional investors.

Zillow Group Company Profile

Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.