Zillow Group (NASDAQ:Z) General Counsel Bradley Owens Sells 2,722 Shares

Zillow Group, Inc. (NASDAQ:Z) General Counsel Bradley Owens sold 2,722 shares of Zillow Group stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $67.41, for a total value of $183,490.02. Following the transaction, the general counsel owned 37,974 shares of the company’s stock, valued at $2,559,827.34. The trade was a 6.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Zillow Group Stock Up 1.8%

Shares of NASDAQ Z traded up $1.20 during mid-day trading on Friday, reaching $68.21. 295,937 shares of the company were exchanged, compared to its average volume of 2,739,114. The company’s 50-day simple moving average is $75.62 and its 200-day simple moving average is $75.67. The stock has a market capitalization of $16.51 billion, a P/E ratio of -488.04, a P/E/G ratio of 26.82 and a beta of 2.10. Zillow Group, Inc. has a twelve month low of $57.51 and a twelve month high of $93.88.

Zillow Group (NASDAQ:Z) last issued its quarterly earnings data on Thursday, October 30th. The financial services provider reported $0.44 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 firm 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. As a group, equities research analysts expect that Zillow Group, Inc. will post 0.32 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on Z. Bank of America upped their price objective on Zillow Group from $81.00 to $88.00 and gave the stock a “neutral” rating in a research report on Thursday, August 7th. Oppenheimer assumed coverage on shares of Zillow Group in a report on Monday, October 6th. They issued a “market perform” rating on the stock. Sanford C. Bernstein raised Zillow Group from a “market perform” rating to an “outperform” rating and set a $105.00 target price for the company in a research note on Wednesday, September 17th. Gordon Haskett raised Zillow Group to a “strong-buy” rating in a research note on Friday, October 3rd. Finally, Mizuho upgraded Zillow Group to a “strong-buy” rating in a report on Monday, September 29th. Three research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Zillow Group has an average rating of “Moderate Buy” and a consensus price target of $91.14.

Institutional Investors Weigh In On Zillow Group

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

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.