Insider Selling: Zillow Group (NASDAQ:Z) CAO Sells 2,710 Shares of Stock

Zillow Group, Inc. (NASDAQ:Z) CAO Jennifer Rock sold 2,710 shares of the company’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $73.83, for a total transaction of $200,079.30. Following the transaction, the chief accounting officer owned 44,481 shares in the company, valued at approximately $3,284,032.23. The trade was a 5.74% 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 12th, Jennifer Rock sold 3,291 shares of Zillow Group stock. The shares were sold at an average price of $71.12, for a total transaction of $234,055.92.

Zillow Group Stock Performance

NASDAQ:Z traded down $2.05 during mid-day trading on Wednesday, hitting $72.03. The company had a trading volume of 3,858,147 shares, compared to its average volume of 2,736,108. The firm has a market cap of $17.43 billion, a P/E ratio of -514.46, a P/E/G ratio of 28.72 and a beta of 2.10. The business’s fifty day moving average is $78.12 and its two-hundred day moving average is $75.71. Zillow Group, Inc. has a fifty-two week low of $57.51 and a fifty-two week high of $93.88.

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

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Keefe, Bruyette & Woods reduced their target price on shares of Zillow Group from $85.00 to $80.00 and set a “market perform” rating for the company in a research note on Monday, November 3rd. Mizuho raised Zillow Group to a “strong-buy” rating in a research report on Monday, September 29th. Sanford C. Bernstein raised 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 report on Wednesday, September 17th. Oppenheimer assumed coverage on Zillow Group in a report on Monday, October 6th. They set a “market perform” rating for the company. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zillow Group in a research report on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, eight have given a Hold rating and one has given 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 $91.14.

Institutional Trading of Zillow Group

Hedge funds have recently added to or reduced their stakes in the stock. Root Financial Partners LLC acquired a new stake in shares of Zillow Group during the third quarter valued at about $27,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Zillow Group during the third quarter worth about $29,000. IFP Advisors Inc increased its position in Zillow Group by 288.9% during the 1st quarter. IFP Advisors Inc now owns 455 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 338 shares during the period. TD Private Client Wealth LLC lifted its position in shares of Zillow Group by 352.0% in the 2nd quarter. TD Private Client Wealth LLC now owns 452 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 352 shares during the period. Finally, Cullen Frost Bankers Inc. raised its stake in Zillow Group by 58.6% during the third quarter. Cullen Frost Bankers Inc. now owns 441 shares of the financial services provider’s stock worth $34,000 after buying an additional 163 shares during the last quarter. Institutional investors and hedge funds own 71.01% of the company’s stock.

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.