Zillow Group (NASDAQ:Z) CEO Jeremy Wacksman Sells 13,661 Shares of Stock

Zillow Group, Inc. (NASDAQ:Z) CEO Jeremy Wacksman sold 13,661 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $44.25, for a total transaction of $604,499.25. Following the completion of the sale, the chief executive officer directly owned 116,322 shares in the company, valued at $5,147,248.50. This trade represents a 10.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Thursday, February 12th, Jeremy Wacksman sold 4,729 shares of Zillow Group stock. The stock was sold at an average price of $44.20, for a total value of $209,021.80.

Zillow Group Trading Up 1.2%

Zillow Group stock opened at $43.97 on Wednesday. The firm has a market cap of $10.64 billion, a PE ratio of 488.61, a P/E/G ratio of 3.23 and a beta of 2.08. Zillow Group, Inc. has a 12 month low of $42.50 and a 12 month high of $93.88. The stock’s 50 day simple moving average is $64.42 and its two-hundred day simple moving average is $73.31.

Zillow Group (NASDAQ:Z) last announced its quarterly earnings results on Tuesday, February 10th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). Zillow Group had a return on equity of 0.56% and a net margin of 0.89%.The firm had revenue of $654.00 million for the quarter, compared to analysts’ expectations of $650.40 million. On average, equities research analysts forecast that Zillow Group, Inc. will post 0.32 EPS for the current year.

Analyst Ratings Changes

Several analysts have commented on the company. JPMorgan Chase & Co. raised their price objective on Zillow Group from $94.00 to $95.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Zelman & Associates upgraded Zillow Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 12th. Weiss Ratings reissued a “sell (d-)” rating on shares of Zillow Group in a report on Wednesday, January 21st. Barclays raised shares of Zillow Group from a “strong sell” rating to a “hold” rating in a report on Thursday, January 29th. Finally, Keefe, Bruyette & Woods cut their target price on shares of Zillow Group from $80.00 to $65.00 and set a “market perform” rating for the company in a research note on Monday, February 9th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Zillow Group currently has a consensus rating of “Hold” and a consensus price target of $90.60.

Institutional Investors Weigh In On Zillow Group

Several institutional investors and hedge funds have recently made changes to their positions in Z. Empowered Funds LLC raised its holdings in shares of Zillow Group by 4.7% during the first quarter. Empowered Funds LLC now owns 3,822 shares of the financial services provider’s stock worth $262,000 after purchasing an additional 171 shares during the period. Intech Investment Management LLC raised its stake in Zillow Group by 21.7% during the first quarter. Intech Investment Management LLC now owns 20,518 shares of the financial services provider’s stock worth $1,407,000 after acquiring an additional 3,653 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in Zillow Group by 42.2% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 5,012 shares of the financial services provider’s stock worth $351,000 after acquiring an additional 1,488 shares during the period. TD Asset Management Inc lifted its holdings in Zillow Group by 87.3% in the second quarter. TD Asset Management Inc now owns 29,795 shares of the financial services provider’s stock worth $2,087,000 after acquiring an additional 13,891 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale boosted its stake in Zillow Group by 2.2% in the second quarter. DekaBank Deutsche Girozentrale now owns 25,099 shares of the financial services provider’s stock valued at $1,755,000 after acquiring an additional 535 shares during the period. 71.01% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Zillow Group

Here are the key news stories impacting Zillow Group this week:

• Neutral Sentiment: Q4 2025 earnings presentation published; contains the company’s quarter results and management commentary that investors will parse for guidance and margin/revenue trends. Zillow Group, Inc. 2025 Q4 – Results – Earnings Call Presentation
• Negative Sentiment: CEO Jeremy Wacksman sold 13,661 shares on Feb 17 at an average price of $44.25 (≈$604.5k); his post-sale holding fell ~10.5%, which can be interpreted as reduced insider conviction. SEC Form 4 — Wacksman Feb 17 sale
• Negative Sentiment: CEO Jeremy Wacksman sold 4,729 shares on Feb 12 at an average price of $44.20 (≈$209.0k); this earlier sale reduced his stake by ~3.5%. SEC Form 4 — Wacksman Feb 12 sale
• Negative Sentiment: CFO Jeremy Hofmann sold 5,538 shares on Feb 12 at an average price of $44.22 (≈$244.9k), trimming his stake by ~7.8%; CFO sales often draw extra scrutiny. SEC Form 4 — Hofmann Feb 12 sale
• Negative Sentiment: Insider Dan Spaulding sold 5,361 shares on Feb 17 at $43.95 (≈$235.6k) and sold 3,901 shares on Feb 12 at $44.19 (≈$172.4k), reducing his position by double-digit and mid-single-digit percentages respectively. SEC Form 4 — Spaulding sales

Zillow Group Company Profile

Zillow Group, Inc is an online real estate marketplace company that operates a portfolio of consumer-facing websites and mobile apps designed to connect buyers, sellers, renters, homeowners and real estate professionals. The company’s platforms aggregate property listings, rental listings, and related information to help users search for homes, estimate property values and connect with agents and service providers. Zillow generates revenue primarily through advertising and lead-generation services for real estate professionals, property managers and mortgage lenders.

Key products and services include the Zillow and Trulia consumer websites and apps, which provide searchable listings, photos, neighborhood data and the company’s automated home valuation tool known as the “Zestimate.” Zillow also offers a rentals marketplace, a mortgage marketplace and tools for home buying and selling such as Zillow Premier Agent for agent advertising and leads, as well as ancillary services designed to support transactions, including closing and title-related offerings.