Zillow Group, Inc. $ZG Shares Purchased by Strs Ohio

Strs Ohio boosted its holdings in Zillow Group, Inc. (NASDAQ:ZG) by 15.3% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,065 shares of the technology company’s stock after acquiring an additional 1,870 shares during the period. Strs Ohio’s holdings in Zillow Group were worth $963,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. National Bank of Canada FI raised its position in shares of Zillow Group by 79.4% during the 1st quarter. National Bank of Canada FI now owns 488 shares of the technology company’s stock worth $33,000 after purchasing an additional 216 shares during the period. PNC Financial Services Group Inc. grew its stake in Zillow Group by 33.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,129 shares of the technology company’s stock worth $75,000 after buying an additional 280 shares during the last quarter. Assetmark Inc. grew its stake in Zillow Group by 207.0% during the 2nd quarter. Assetmark Inc. now owns 1,980 shares of the technology company’s stock worth $136,000 after buying an additional 1,335 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Zillow Group by 22.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,312 shares of the technology company’s stock worth $221,000 after buying an additional 600 shares during the period. Finally, Wealthquest Corp bought a new stake in Zillow Group in the first quarter valued at $238,000. 20.32% of the stock is owned by institutional investors.

Insider Activity at Zillow Group

In other news, CTO David A. Beitel sold 22,510 shares of the business’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $90.97, for a total value of $2,047,734.70. Following the sale, the chief technology officer owned 144,549 shares of the company’s stock, valued at approximately $13,149,622.53. The trade was a 13.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Richard N. Barton sold 200,000 shares of the company’s stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $84.92, for a total value of $16,984,000.00. Following the completion of the sale, the chairman owned 843,248 shares of the company’s stock, valued at approximately $71,608,620.16. This trade represents a 19.17% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 498,770 shares of company stock worth $42,760,251 in the last quarter. Company insiders own 17.14% of the company’s stock.

Zillow Group Trading Down 0.6%

ZG stock opened at $69.73 on Friday. The firm’s 50-day moving average is $75.78 and its two-hundred day moving average is $73.03. The company has a market capitalization of $16.89 billion, a price-to-earnings ratio of -268.19, a price-to-earnings-growth ratio of 23.55 and a beta of 2.09. Zillow Group, Inc. has a 52 week low of $56.63 and a 52 week high of $90.22.

Zillow Group (NASDAQ:ZG) last posted its quarterly earnings data 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 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 quarter last year, the business earned $0.35 earnings per share. The company’s revenue was up 16.4% on a year-over-year basis. Zillow Group has set its Q4 2025 guidance at EPS. On average, equities research analysts predict that Zillow Group, Inc. will post 0.32 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ZG has been the subject of several recent research reports. KeyCorp restated an “overweight” rating and set a $92.00 price target (up previously from $90.00) on shares of Zillow Group in a research report on Thursday, August 7th. Barclays reissued an “underweight” rating and set a $66.00 target price (up from $60.00) on shares of Zillow Group in a research note on Thursday, August 7th. Susquehanna dropped their price target on shares of Zillow Group from $85.00 to $80.00 and set a “neutral” rating on the stock in a research note on Monday. JMP Securities reaffirmed a “market outperform” rating and set a $87.00 price target on shares of Zillow Group in a report on Thursday, September 25th. Finally, Cantor Fitzgerald reissued a “neutral” rating and issued a $74.00 price objective on shares of Zillow Group in a report on Friday, October 31st. One 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 assigned a Sell rating to the company. Based on data from MarketBeat, Zillow Group currently has an average rating of “Moderate Buy” and an average 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.