Zillow Group (NASDAQ:ZG) CAO Sells $234,055.92 in Stock

Zillow Group, Inc. (NASDAQ:ZG) CAO Jennifer Rock sold 3,291 shares of Zillow Group stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $71.12, for a total value of $234,055.92. Following the completion of the transaction, the chief accounting officer directly owned 41,190 shares of the company’s stock, valued at approximately $2,929,432.80. This represents a 7.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, November 10th, Jennifer Rock sold 2,710 shares of Zillow Group stock. The shares were sold at an average price of $73.83, for a total transaction of $200,079.30.

Zillow Group Stock Performance

NASDAQ:ZG opened at $67.21 on Friday. The firm has a market cap of $16.27 billion, a P/E ratio of -258.50, a P/E/G ratio of 23.55 and a beta of 2.09. Zillow Group, Inc. has a fifty-two week low of $56.63 and a fifty-two week high of $90.22. The firm has a 50-day simple moving average of $74.40 and a two-hundred day simple moving average of $73.31.

Zillow Group (NASDAQ:ZG) last posted 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). The firm had revenue of $676.00 million for the quarter, compared to analysts’ expectations of $670.28 million. Zillow Group had a negative net margin of 2.60% and a negative return on equity of 1.26%. The company’s quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.35 EPS. Zillow Group has set its Q4 2025 guidance at EPS. On average, equities research analysts predict that Zillow Group, Inc. will post 0.32 EPS for the current year.

Institutional Investors Weigh In On Zillow Group

Several hedge funds and other institutional investors have recently made changes to their positions in ZG. National Bank of Canada FI boosted 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 worth $33,000 after buying an additional 216 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in Zillow Group by 78.9% during the third quarter. Smartleaf Asset Management LLC now owns 424 shares of the technology company’s stock valued at $33,000 after buying an additional 187 shares during the last quarter. PNC Financial Services Group Inc. raised its position in Zillow Group by 33.0% in the first quarter. PNC Financial Services Group Inc. now owns 1,129 shares of the technology company’s stock worth $75,000 after acquiring an additional 280 shares during the period. Jones Financial Companies Lllp boosted its stake in shares of Zillow Group by 23.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,033 shares of the technology company’s stock worth $80,000 after acquiring an additional 194 shares during the last quarter. Finally, Group One Trading LLC grew its position in shares of Zillow Group by 884.7% during the 3rd quarter. Group One Trading LLC now owns 1,477 shares of the technology company’s stock valued at $110,000 after acquiring an additional 1,327 shares during the period. Hedge funds and other institutional investors own 20.32% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on ZG shares. KeyCorp restated an “overweight” rating and issued a $92.00 price target (up previously from $90.00) on shares of Zillow Group in a research note on Thursday, August 7th. Mizuho began coverage on Zillow Group in a report on Monday, September 29th. They issued an “outperform” rating and a $100.00 price objective for the company. UBS Group lowered their target price on shares of Zillow Group from $95.00 to $92.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $74.00 price target on shares of Zillow Group in a report on Friday, October 31st. Finally, Benchmark reiterated a “buy” rating on shares of Zillow Group in a research note on Friday, October 31st. One research 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 given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus 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.