Zillow Group (NASDAQ:ZG) General Counsel Sells $183,490.02 in Stock

Zillow Group, Inc. (NASDAQ:ZG) General Counsel Bradley Owens sold 2,722 shares of Zillow Group stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $67.41, for a total transaction of $183,490.02. Following the completion of the transaction, the general counsel directly owned 37,974 shares in the company, valued at $2,559,827.34. This represents a 6.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Zillow Group Price Performance

ZG stock opened at $69.98 on Friday. The firm has a market cap of $16.94 billion, a PE ratio of -269.15, a P/E/G ratio of 23.55 and a beta of 2.09. Zillow Group, Inc. has a 12 month low of $56.63 and a 12 month high of $90.22. The firm has a 50 day simple moving average of $72.65 and a 200 day simple moving average of $73.38.

Zillow Group (NASDAQ:ZG) last posted its quarterly earnings results on Thursday, October 30th. The technology company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.02). Zillow Group had a negative return on equity of 1.26% and a negative net margin of 2.60%.The business had revenue of $676.00 million during the quarter, compared to analyst estimates of $670.28 million. During the same quarter last year, the firm posted $0.35 EPS. The company’s quarterly revenue was up 16.4% compared to the same quarter last year. Zillow Group has set its Q4 2025 guidance at EPS. As a group, sell-side analysts expect that Zillow Group, Inc. will post 0.32 earnings per share for the current year.

Institutional Trading of Zillow Group

Several institutional investors have recently made changes to their positions in ZG. Vanguard Group Inc. grew its position in Zillow Group by 0.8% during the first quarter. Vanguard Group Inc. now owns 7,002,693 shares of the technology company’s stock valued at $468,200,000 after purchasing an additional 57,693 shares in the last quarter. Norges Bank acquired a new stake in shares of Zillow Group during the 2nd quarter valued at $159,770,000. Independent Franchise Partners LLP grew its holdings in shares of Zillow Group by 1.8% during the 1st quarter. Independent Franchise Partners LLP now owns 2,060,399 shares of the technology company’s stock valued at $137,758,000 after acquiring an additional 36,046 shares in the last quarter. UBS Group AG grew its holdings in shares of Zillow Group by 18.2% during the 3rd quarter. UBS Group AG now owns 704,805 shares of the technology company’s stock valued at $52,466,000 after acquiring an additional 108,600 shares in the last quarter. Finally, Wellington Management Group LLP increased its stake in shares of Zillow Group by 60.1% in the third quarter. Wellington Management Group LLP now owns 557,735 shares of the technology company’s stock worth $41,518,000 after acquiring an additional 209,312 shares during the last quarter. 20.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on ZG shares. Mizuho started coverage on Zillow Group in a research report on Monday, September 29th. They issued an “outperform” rating and a $100.00 price target for the company. Zelman & Associates upgraded shares of Zillow Group to a “hold” rating in a report on Friday, August 8th. KeyCorp restated an “overweight” rating and set a $92.00 price target (up previously from $90.00) on shares of Zillow Group in a report on Thursday, August 7th. Canaccord Genuity Group upped their price target on shares of Zillow Group from $76.00 to $84.00 and gave the company a “hold” rating in a research report on Thursday, August 7th. Finally, Benchmark reaffirmed a “buy” rating on shares of Zillow Group in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $87.42.

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.