Zillow Group, Inc. $Z Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. increased its position in shares of Zillow Group, Inc. (NASDAQ:Z) by 1.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,002,526 shares of the financial services provider’s stock after acquiring an additional 412,571 shares during the quarter. Vanguard Group Inc. owned approximately 9.53% of Zillow Group worth $1,611,327,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in Z. Jump Financial LLC acquired a new stake in shares of Zillow Group during the 1st quarter worth about $334,000. American Assets Investment Management LLC purchased a new position in Zillow Group during the first quarter worth about $468,000. Alberta Investment Management Corp acquired a new stake in shares of Zillow Group during the first quarter valued at about $3,661,000. Tredje AP fonden increased its position in shares of Zillow Group by 12.7% during the first quarter. Tredje AP fonden now owns 126,332 shares of the financial services provider’s stock valued at $8,661,000 after acquiring an additional 14,191 shares during the last quarter. Finally, Emmett Investment Management LP raised its stake in shares of Zillow Group by 101.7% in the 1st quarter. Emmett Investment Management LP now owns 78,529 shares of the financial services provider’s stock valued at $5,345,000 after acquiring an additional 39,604 shares during the period. Institutional investors and hedge funds own 71.01% of the company’s stock.

Insider Buying and Selling at Zillow Group

In other Zillow Group news, CFO Jeremy Hofmann sold 7,865 shares of Zillow Group stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $69.53, for a total transaction of $546,853.45. Following the completion of the sale, the chief financial officer directly owned 70,811 shares of the company’s stock, valued at $4,923,488.83. The trade was a 10.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Errol G. Samuelson sold 7,641 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $71.13, for a total value of $543,504.33. Following the sale, the insider owned 120,815 shares of the company’s stock, valued at approximately $8,593,570.95. The trade was a 5.95% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 144,219 shares of company stock worth $11,730,526. 25.03% of the stock is currently owned by company insiders.

Zillow Group Trading Up 6.2%

NASDAQ:Z opened at $71.17 on Friday. Zillow Group, Inc. has a 12-month low of $57.51 and a 12-month high of $93.88. The firm has a market cap of $17.23 billion, a PE ratio of -508.32, a price-to-earnings-growth ratio of 27.98 and a beta of 2.10. The stock has a fifty day moving average price of $75.29 and a 200 day moving average price of $75.75.

Zillow Group (NASDAQ:Z) last posted its quarterly earnings results on Thursday, October 30th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.02). Zillow Group had a negative net margin of 1.29% and a negative return on equity of 0.56%. The company 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. Equities analysts forecast that Zillow Group, Inc. will post 0.32 EPS for the current year.

Analysts Set New Price Targets

Z has been the subject of a number of research analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Zillow Group from $94.00 to $95.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Keefe, Bruyette & Woods lowered their price target on Zillow Group from $85.00 to $80.00 and set a “market perform” rating for the company in a research report on Monday, November 3rd. Bank of America boosted their price objective on Zillow Group from $81.00 to $88.00 and gave the company a “neutral” rating in a report on Thursday, August 7th. Mizuho upgraded Zillow Group to a “strong-buy” rating in a report on Monday, September 29th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zillow Group in a research report on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Zillow Group presently has an average rating of “Moderate Buy” and a consensus price target of $91.14.

About Zillow Group

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.