Zillow Group, Inc. (NASDAQ:Z) CAO Jennifer Rock Sells 8,225 Shares of Stock

Zillow Group, Inc. (NASDAQ:Z) CAO Jennifer Rock sold 8,225 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $73.05, for a total transaction of $600,836.25. Following the transaction, the chief accounting officer now owns 61,424 shares in the company, valued at approximately $4,487,023.20. The trade was a 11.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Jennifer Rock also recently made the following trade(s):

• On Wednesday, November 13th, Jennifer Rock sold 3,187 shares of Zillow Group stock. The stock was sold at an average price of $74.00, for a total transaction of $235,838.00.
• On Monday, August 19th, Jennifer Rock sold 3,650 shares of Zillow Group stock. The shares were sold at an average price of $54.71, for a total transaction of $199,691.50.

Zillow Group Stock Performance

NASDAQ Z opened at $73.04 on Friday. Zillow Group, Inc. has a one year low of $37.63 and a one year high of $76.69. The company has a quick ratio of 3.13, a current ratio of 3.13 and a debt-to-equity ratio of 0.11. The stock’s 50-day moving average is $63.61 and its 200-day moving average is $53.05.

Analysts Set New Price Targets

A number of research firms have recently weighed in on Z. Jefferies Financial Group increased their price target on Zillow Group from $80.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. UBS Group raised Zillow Group to a “strong-buy” rating in a research note on Thursday, August 8th. Deutsche Bank Aktiengesellschaft boosted their target price on Zillow Group from $55.00 to $60.00 and gave the stock a “buy” rating in a research report on Friday, August 9th. Wedbush upgraded shares of Zillow Group from a “neutral” rating to an “outperform” rating and increased their price target for the company from $50.00 to $80.00 in a research report on Monday, September 16th. Finally, Cantor Fitzgerald raised shares of Zillow Group to a “hold” rating in a research note on Thursday, September 5th. Four equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Zillow Group currently has an average rating of “Moderate Buy” and an average price target of $70.33.

Institutional Trading of Zillow Group

Several hedge funds have recently bought and sold shares of Z. Larson Financial Group LLC lifted its stake in Zillow Group by 364.4% in the second quarter. Larson Financial Group LLC now owns 613 shares of the financial services provider’s stock valued at $28,000 after buying an additional 481 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt raised its holdings in shares of Zillow Group by 400.0% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 500 shares of the financial services provider’s stock worth $32,000 after acquiring an additional 400 shares during the period. V Square Quantitative Management LLC bought a new stake in Zillow Group in the 3rd quarter valued at $35,000. Blue Trust Inc. boosted its stake in Zillow Group by 66.3% in the 3rd quarter. Blue Trust Inc. now owns 785 shares of the financial services provider’s stock worth $50,000 after purchasing an additional 313 shares during the period. Finally, Quarry LP bought a new position in Zillow Group during the 2nd quarter worth about $61,000. 71.01% of the stock is currently owned by institutional investors and hedge funds.

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.