Zillow Group (NASDAQ:Z) CFO Jeremy Hofmann Sells 5,501 Shares of Stock

Posted by Lindsey Winhoffer on May 19th, 2026

Zillow Group, Inc. (NASDAQ:Z – Get Free Report) CFO Jeremy Hofmann sold 5,501 shares of the stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $37.40, for a total transaction of $205,737.40. Following the completion of the sale, the chief financial officer directly owned 68,315 shares of the company’s stock, valued at approximately $2,554,981. This trade represents a 7.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

On Thursday, May 14th, Jeremy Hofmann sold 3,671 shares of Zillow Group stock. The shares were sold at an average price of $37.93, for a total transaction of $139,241.03.
On Wednesday, February 18th, Jeremy Hofmann sold 7,786 shares of Zillow Group stock. The shares were sold at an average price of $43.73, for a total transaction of $340,481.78.

Zillow Group Stock Performance

Shares of Z stock opened at $37.17 on Tuesday. The firm’s 50 day moving average price is $42.79 and its 200-day moving average price is $56.85. Zillow Group, Inc. has a one year low of $36.76 and a one year high of $93.88. The firm has a market cap of $8.50 billion, a P/E ratio of 148.68, a P/E/G ratio of 1.76 and a beta of 2.07.

Zillow Group (NASDAQ:Z – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $0.53 EPS for the quarter, topping the consensus estimate of $0.43 by $0.10. Zillow Group had a net margin of 2.27% and a return on equity of 1.41%. The firm had revenue of $708.00 million for the quarter, compared to analyst estimates of $705.10 million. As a group, research analysts predict that Zillow Group, Inc. will post 0.82 EPS for the current fiscal year.

Zillow Group News Roundup

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

Positive Sentiment: Zillow highlighted Providence as the hottest rental market for summer 2026, which keeps the company in the spotlight and supports its brand as a leading housing data and analytics platform. Article: Summer 2026’s hottest rental market? Zillow says Providence
Neutral Sentiment: Insider trading disclosures showed CFO Jeremy Hofmann and insider Dan Spaulding sold shares, but the transactions were made under pre-arranged 10b5-1 plans and were tied to tax withholding on equity vesting, which may limit the negative signal.
Negative Sentiment: News that MRED may disrupt listing data feeds to Zillow raises a potential operational risk, since access to fresh listing inventory is critical to Zillow’s traffic and marketplace value. Article: MRED Announces Potential Disruption to Listing Data Feeds to Zillow Group
Negative Sentiment: Separately, a report says Zillow faces an antitrust trial, adding legal uncertainty around its listing transparency practices and the company’s longer-term valuation narrative. Article: Zillow Faces Antitrust Trial As Listing Transparency Shapes Valuation Story

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Zacks Research upgraded shares of Zillow Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 6th. JPMorgan Chase & Co. reduced their target price on shares of Zillow Group from $84.00 to $76.00 and set an “overweight” rating on the stock in a report on Thursday, May 7th. Weiss Ratings upgraded shares of Zillow Group from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, May 7th. Needham & Company LLC reiterated a “hold” rating on shares of Zillow Group in a report on Wednesday, February 11th. Finally, Wall Street Zen upgraded shares of Zillow Group from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Three analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $79.75.

Get Our Latest Stock Analysis on Z

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of Z. M&T Bank Corp purchased a new position in shares of Zillow Group in the 4th quarter valued at $196,677,000. Scge Management L.P. purchased a new position in shares of Zillow Group in the 3rd quarter valued at $133,990,000. L1 Capital Pty Ltd grew its position in shares of Zillow Group by 24,803.7% in the 4th quarter. L1 Capital Pty Ltd now owns 1,729,313 shares of the financial services provider’s stock valued at $117,974,000 after buying an additional 1,722,369 shares during the last quarter. Tiger Global Management LLC grew its position in shares of Zillow Group by 21.7% in the 1st quarter. Tiger Global Management LLC now owns 7,368,957 shares of the financial services provider’s stock valued at $304,927,000 after buying an additional 1,312,000 shares during the last quarter. Finally, Soma Equity Partners LP grew its position in shares of Zillow Group by 389.5% in the 3rd quarter. Soma Equity Partners LP now owns 1,468,492 shares of the financial services provider’s stock valued at $113,147,000 after buying an additional 1,168,492 shares during the last quarter. 71.01% of the stock is owned by hedge funds and other institutional investors.

About Zillow Group

(Get Free Report)

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.