Zillow Group Inc (NASDAQ:Z) Director Sells $1,773,079.68 in Stock
Zillow Group Inc (NASDAQ:Z) Director Erik C. Blachford sold 45,417 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $39.04, for a total transaction of $1,773,079.68. Following the completion of the transaction, the director now directly owns 18,281 shares of the company’s stock, valued at approximately $713,690.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Z stock traded up $0.71 on Monday, hitting $39.86. 3,098,051 shares of the company were exchanged, compared to its average volume of 3,020,906. Zillow Group Inc has a twelve month low of $27.71 and a twelve month high of $51.47. The company has a debt-to-equity ratio of 0.49, a quick ratio of 2.84 and a current ratio of 3.81. The business’s fifty day moving average is $35.39 and its two-hundred day moving average is $39.15.
Zillow Group (NASDAQ:Z) last issued its quarterly earnings results on Thursday, November 7th. The financial services provider reported ($0.32) EPS for the quarter. Zillow Group had a negative return on equity of 7.20% and a negative net margin of 13.95%. The company had revenue of $745.21 million for the quarter.
Several equities analysts recently commented on Z shares. TheStreet lowered shares of Zillow Group from a “c-” rating to a “d+” rating in a research report on Wednesday, September 4th. KeyCorp dropped their price target on shares of Zillow Group from $66.00 to $65.00 and set an “overweight” rating for the company in a research report on Thursday, August 8th. ValuEngine lowered shares of Zillow Group from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Morgan Stanley dropped their price target on shares of Zillow Group from $37.00 to $32.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 15th. Finally, BidaskClub raised shares of Zillow Group from a “hold” rating to a “buy” rating in a research report on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $40.71.
Zillow Group Company Profile
Zillow Group, Inc operates real estate and home-related brands on mobile and the Web in the United States. The company offers a portfolio of brands and products to empowering consumers with unparalleled data, inspiration, and knowledge around homes and connecting them with real estate professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.
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