Zillow Group (NASDAQ:Z) CEO Jeremy Wacksman Sells 10,855 Shares of Stock

Zillow Group, Inc. (NASDAQ:Z) CEO Jeremy Wacksman sold 10,855 shares of Zillow Group stock in a transaction on Friday, November 14th. The stock was sold at an average price of $69.99, for a total value of $759,741.45. Following the completion of the sale, the chief executive officer directly owned 134,712 shares of the company’s stock, valued at $9,428,492.88. The trade was a 7.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Jeremy Wacksman also recently made the following trade(s):

• On Wednesday, November 12th, Jeremy Wacksman sold 7,546 shares of Zillow Group stock. The shares were sold at an average price of $71.13, for a total value of $536,746.98.

Zillow Group Stock Down 2.2%

Shares of Zillow Group stock traded down $1.57 during trading hours on Friday, reaching $68.80. 3,766,893 shares of the stock traded hands, compared to its average volume of 2,966,846. Zillow Group, Inc. has a one year low of $57.51 and a one year high of $93.88. The firm has a market capitalization of $16.65 billion, a price-to-earnings ratio of -491.39, a P/E/G ratio of 27.67 and a beta of 2.10. The company has a 50 day moving average price of $77.25 and a 200 day moving average price of $75.66.

Zillow Group (NASDAQ:Z) last posted its quarterly earnings data 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 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 analysts’ expectations of $670.28 million. Zillow Group has set its Q4 2025 guidance at EPS. Sell-side analysts anticipate that Zillow Group, Inc. will post 0.32 earnings per share for the current year.

Analyst Upgrades and Downgrades

Z has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their price objective on Zillow Group from $94.00 to $95.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. Oppenheimer assumed coverage on shares of Zillow Group in a research report on Monday, October 6th. They set a “market perform” rating on the stock. Mizuho raised shares of Zillow Group to a “strong-buy” rating in a report on Monday, September 29th. Keefe, Bruyette & Woods decreased their price target on Zillow Group from $85.00 to $80.00 and set a “market perform” rating on the stock in a report on Monday, November 3rd. Finally, Gordon Haskett raised Zillow Group to a “strong-buy” rating in a research note on Friday, October 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $91.14.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in Z. Root Financial Partners LLC purchased a new stake in Zillow Group in the 3rd quarter valued at approximately $27,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Zillow Group in the third quarter valued at approximately $29,000. IFP Advisors Inc grew its holdings in Zillow Group by 288.9% during the first quarter. IFP Advisors Inc now owns 455 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 338 shares during the period. TD Private Client Wealth LLC raised its position in Zillow Group by 352.0% in the second quarter. TD Private Client Wealth LLC now owns 452 shares of the financial services provider’s stock worth $32,000 after acquiring an additional 352 shares in the last quarter. Finally, Cullen Frost Bankers Inc. lifted its holdings in Zillow Group by 58.6% in the third quarter. Cullen Frost Bankers Inc. now owns 441 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 163 shares during the period. 71.01% of the stock is currently owned by institutional investors and hedge funds.

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.