Zillow Group, Inc. (NASDAQ:Z)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $41.00, but opened at $42.50. Zillow Group shares last traded at $44.53, with a volume of 2264834 shares traded.

A number of equities analysts have issued reports on the company. Canaccord Genuity increased their price target on Zillow Group from $52.00 to $53.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th. BidaskClub cut Zillow Group from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. Benchmark restated a “buy” rating and set a $55.00 price target on shares of Zillow Group in a report on Thursday, October 5th. Finally, Morgan Stanley upgraded Zillow Group from an “equal weight” rating to an “overweight” rating and set a $50.00 price target on the stock in a report on Wednesday. One research analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $48.81.

The stock has a market capitalization of $5,370.00 and a PE ratio of -202.41. The company has a current ratio of 6.44, a quick ratio of 6.44 and a debt-to-equity ratio of 0.14.

In other news, Vice Chairman Lloyd D. Frink sold 13,600 shares of the firm’s stock in a transaction on Monday, October 23rd. The stock was sold at an average price of $41.04, for a total transaction of $558,144.00. Following the completion of the sale, the insider now directly owns 4,416,408 shares of the company’s stock, valued at approximately $181,249,384.32. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CTO David A. Beitel sold 57,189 shares of the firm’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $39.34, for a total value of $2,249,815.26. Following the sale, the chief technology officer now directly owns 5,977 shares of the company’s stock, valued at $235,135.18. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 678,791 shares of company stock valued at $27,500,334. Insiders own 21.72% of the company’s stock.

Hedge funds have recently bought and sold shares of the company. Massey Quick Simon & CO. LLC bought a new position in shares of Zillow Group during the 3rd quarter worth $130,000. D.A. Davidson & CO. grew its stake in shares of Zillow Group by 2.1% during the 2nd quarter. D.A. Davidson & CO. now owns 2,817 shares of the financial services provider’s stock worth $138,000 after acquiring an additional 57 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Zillow Group by 878.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,152 shares of the financial services provider’s stock worth $154,000 after acquiring an additional 2,830 shares during the period. ETF Managers Group LLC bought a new position in Zillow Group in the 2nd quarter worth about $167,000. Finally, Toronto Dominion Bank boosted its stake in Zillow Group by 246.7% in the 3rd quarter. Toronto Dominion Bank now owns 4,417 shares of the financial services provider’s stock worth $178,000 after purchasing an additional 3,143 shares during the period. Institutional investors own 58.00% of the company’s stock.

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About Zillow Group

Zillow Group, Inc operates real estate and home-related information marketplaces on mobile and the Web in the United States. The company offers a portfolio of brands and products to enable people find information about homes and connect with local professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.

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