Zillow Group, Inc. (NASDAQ:Z) Given Average Recommendation of “Moderate Buy” by Brokerages

Zillow Group, Inc. (NASDAQ:Z) has received an average rating of “Moderate Buy” from the sixteen research firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, four have assigned a buy rating and three have given a strong buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $91.1429.

Z has been the subject of several research analyst reports. JPMorgan Chase & Co. increased their price objective on Zillow Group from $94.00 to $95.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zillow Group in a research note on Wednesday, October 8th. Bank of America raised their price objective on shares of Zillow Group from $81.00 to $88.00 and gave the company a “neutral” rating in a research note on Thursday, August 7th. Sanford C. Bernstein upgraded shares of Zillow Group from a “market perform” rating to an “outperform” rating and set a $105.00 target price on the stock in a research report on Wednesday, September 17th. Finally, Mizuho raised shares of Zillow Group to a “strong-buy” rating in a report on Monday, September 29th.

Insider Transactions at Zillow Group

In other Zillow Group news, CTO David A. Beitel sold 22,510 shares of the company’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. This represents a 13.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Richard N. Barton sold 200,000 shares of Zillow Group stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $84.92, for a total value of $16,984,000.00. Following the transaction, the chairman directly owned 843,248 shares of the company’s stock, valued at $71,608,620.16. This trade represents a 19.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 498,770 shares of company stock worth $42,760,251 over the last ninety days. 25.03% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Jump Financial LLC acquired a new position in Zillow Group in the 1st quarter valued at $334,000. American Assets Investment Management LLC purchased a new stake in shares of Zillow Group in the first quarter valued at $468,000. Alberta Investment Management Corp acquired a new position in Zillow Group in the first quarter valued at $3,661,000. Cerity Partners LLC lifted its position in Zillow Group by 67.0% during the first quarter. Cerity Partners LLC now owns 20,475 shares of the financial services provider’s stock worth $1,404,000 after buying an additional 8,215 shares during the period. Finally, Tredje AP fonden lifted its position in Zillow Group by 12.7% during the first quarter. Tredje AP fonden now owns 126,332 shares of the financial services provider’s stock worth $8,661,000 after buying an additional 14,191 shares during the period. Institutional investors and hedge funds own 71.01% of the company’s stock.

Zillow Group Stock Up 1.0%

NASDAQ Z opened at $73.00 on Friday. The stock has a market capitalization of $17.69 billion, a P/E ratio of -521.39, a P/E/G ratio of 28.43 and a beta of 2.10. Zillow Group has a 52-week low of $57.51 and a 52-week high of $93.88. The firm has a 50-day moving average price of $78.50 and a 200 day moving average price of $75.43.

Zillow Group (NASDAQ:Z) last released its earnings results on Thursday, October 30th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.02). The business had revenue of $729.00 million for the quarter, compared to analyst estimates of $670.28 million. Zillow Group had a negative return on equity of 0.56% and a negative net margin of 1.29%. Zillow Group has set its Q4 2025 guidance at EPS. On average, equities research analysts expect that Zillow Group will post 0.32 earnings per share for the current fiscal year.

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.