Arkadios Wealth Advisors Purchases New Shares in Zillow Group, Inc. $ZG

Arkadios Wealth Advisors acquired a new stake in Zillow Group, Inc. (NASDAQ:ZG) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 12,800 shares of the technology company’s stock, valued at approximately $877,000.

Other large investors also recently made changes to their positions in the company. Vanguard Personalized Indexing Management LLC raised its holdings in shares of Zillow Group by 3.0% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 4,550 shares of the technology company’s stock valued at $312,000 after buying an additional 131 shares during the last quarter. Voya Investment Management LLC raised its stake in shares of Zillow Group by 2.8% in the first quarter. Voya Investment Management LLC now owns 5,778 shares of the technology company’s stock worth $386,000 after acquiring an additional 156 shares during the last quarter. M&T Bank Corp raised its stake in shares of Zillow Group by 4.1% in the first quarter. M&T Bank Corp now owns 5,437 shares of the technology company’s stock worth $363,000 after acquiring an additional 215 shares during the last quarter. National Bank of Canada FI increased its holdings in shares of Zillow Group by 79.4% in the first quarter. National Bank of Canada FI now owns 488 shares of the technology company’s stock valued at $33,000 after purchasing an additional 216 shares in the last quarter. Finally, Unified Investment Management raised its position in Zillow Group by 1.7% in the 2nd quarter. Unified Investment Management now owns 14,144 shares of the technology company’s stock worth $969,000 after purchasing an additional 235 shares during the last quarter. Institutional investors own 20.32% of the company’s stock.

Zillow Group Trading Up 4.0%

Shares of ZG opened at $71.53 on Monday. The stock has a market cap of $17.33 billion, a P/E ratio of -275.12, a price-to-earnings-growth ratio of 23.55 and a beta of 2.11. Zillow Group, Inc. has a 1 year low of $55.22 and a 1 year high of $90.22. The stock’s 50-day moving average price is $76.77 and its two-hundred day moving average price is $72.94.

Zillow Group (NASDAQ:ZG) last announced its quarterly earnings results on Thursday, October 30th. The technology company 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 2.60% and a negative return on equity of 1.26%. The company had revenue of $676.00 million during the quarter, compared to the consensus estimate of $670.28 million. During the same period last year, the company earned $0.35 earnings per share. The business’s 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, equities analysts forecast that Zillow Group, Inc. will post 0.32 EPS for the current year.

Analysts Set New Price Targets

ZG has been the subject of several research reports. Evercore ISI lifted their target price on Zillow Group from $90.00 to $95.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. JMP Securities reiterated a “market outperform” rating and issued a $87.00 price target on shares of Zillow Group in a report on Thursday, September 25th. Weiss Ratings reissued a “sell (d-)” rating on shares of Zillow Group in a report on Wednesday, October 8th. Oppenheimer began coverage on shares of Zillow Group in a research report on Monday, October 6th. They set a “market perform” rating on the stock. Finally, Royal Bank Of Canada lifted their price target on shares of Zillow Group from $88.00 to $95.00 and gave the stock an “outperform” rating in a research report on Thursday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $87.42.

Insider Buying and Selling at Zillow Group

In other news, Director April Underwood sold 3,621 shares of the firm’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $90.12, for a total transaction of $326,324.52. Following the sale, the director owned 483 shares of the company’s stock, valued at $43,527.96. This trade represents a 88.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO David A. Beitel sold 22,510 shares of Zillow Group stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $90.97, for a total value of $2,047,734.70. Following the transaction, the chief technology officer owned 144,549 shares in the company, valued at $13,149,622.53. This trade represents a 13.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 657,087 shares of company stock worth $56,286,479 in the last three months. 17.14% of the stock is owned by insiders.

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.