Zillow Group, Inc. $ZG Shares Bought by Simon Quick Advisors LLC

Simon Quick Advisors LLC raised its holdings in Zillow Group, Inc. (NASDAQ:ZG) by 2.8% in the second quarter, Holdings Channel.com reports. The fund owned 13,307 shares of the technology company’s stock after buying an additional 360 shares during the quarter. Simon Quick Advisors LLC’s holdings in Zillow Group were worth $911,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. National Bank of Canada FI lifted its holdings in Zillow Group by 79.4% in the first quarter. National Bank of Canada FI now owns 488 shares of the technology company’s stock valued at $33,000 after acquiring an additional 216 shares during the period. PNC Financial Services Group Inc. increased its position in shares of Zillow Group by 33.0% in the first quarter. PNC Financial Services Group Inc. now owns 1,129 shares of the technology company’s stock valued at $75,000 after buying an additional 280 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Zillow Group by 38.0% in the first quarter. GAMMA Investing LLC now owns 1,828 shares of the technology company’s stock valued at $122,000 after buying an additional 503 shares in the last quarter. Assetmark Inc. increased its position in shares of Zillow Group by 207.0% in the second quarter. Assetmark Inc. now owns 1,980 shares of the technology company’s stock valued at $136,000 after buying an additional 1,335 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Zillow Group by 22.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,312 shares of the technology company’s stock valued at $221,000 after buying an additional 600 shares in the last quarter. Institutional investors and hedge funds own 20.32% of the company’s stock.

Zillow Group Trading Up 4.0%

Zillow Group stock opened at $71.53 on Friday. The stock has a market cap of $17.33 billion, a PE ratio of -275.12, a P/E/G ratio of 23.55 and a beta of 2.11. The stock has a 50-day moving average price of $76.77 and a 200 day moving average price of $72.79. Zillow Group, Inc. has a 52 week low of $55.22 and a 52 week high of $90.22.

Zillow Group (NASDAQ:ZG) last posted its quarterly earnings data on Thursday, October 30th. The technology company reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.02). The company had revenue of $676.00 million for the quarter, compared to analysts’ expectations of $670.28 million. Zillow Group had a negative return on equity of 1.26% and a negative net margin of 2.60%.The company’s revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.35 EPS. Zillow Group has set its Q4 2025 guidance at EPS. On average, equities analysts predict that Zillow Group, Inc. will post 0.32 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Piper Sandler restated an “overweight” rating and issued a $85.00 price target (down previously from $94.00) on shares of Zillow Group in a research report on Friday. Barclays restated an “underweight” rating and issued a $66.00 price target (up previously from $60.00) on shares of Zillow Group in a research report on Thursday, August 7th. Cantor Fitzgerald restated a “neutral” rating and issued a $74.00 price target on shares of Zillow Group in a research report on Friday. Weiss Ratings restated a “sell (d-)” rating on shares of Zillow Group in a research report on Wednesday, October 8th. Finally, Wells Fargo & Company dropped their price target on Zillow Group from $75.00 to $73.00 and set an “equal weight” rating for the company in a research report on Thursday, September 11th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Zillow Group has a consensus rating of “Moderate Buy” and a consensus target price of $87.42.

Insider Buying and Selling

In other Zillow Group news, Director Erik C. Blachford sold 966 shares of Zillow Group stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $81.91, for a total value of $79,125.06. Following the completion of the sale, the director owned 34,508 shares in the company, valued at $2,826,550.28. The trade was a 2.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Jun Choo sold 25,575 shares of Zillow Group stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $91.06, for a total value of $2,328,859.50. Following the completion of the sale, the chief operating officer owned 114,129 shares of the company’s stock, valued at $10,392,586.74. This trade represents a 18.31% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 657,087 shares of company stock worth $56,286,479 over the last ninety days. Insiders own 17.14% of the company’s stock.

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.