Savant Capital LLC Sells 9,502 Shares of Zillow Group, Inc. $Z

Savant Capital LLC reduced its stake in shares of Zillow Group, Inc. (NASDAQ:Z) by 55.7% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 7,543 shares of the financial services provider’s stock after selling 9,502 shares during the period. Savant Capital LLC’s holdings in Zillow Group were worth $528,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of Z. IFP Advisors Inc raised its position in Zillow Group by 288.9% in the 1st quarter. IFP Advisors Inc now owns 455 shares of the financial services provider’s stock valued at $31,000 after buying an additional 338 shares during the last quarter. TD Private Client Wealth LLC grew its stake 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 acquiring an additional 352 shares in the last quarter. National Pension Service raised its holdings in shares of Zillow Group by 74.8% in the first quarter. National Pension Service now owns 577 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 247 shares during the last quarter. Strategic Investment Solutions Inc. IL bought a new position in shares of Zillow Group during the first quarter valued at about $49,000. Finally, Farther Finance Advisors LLC lifted its position in shares of Zillow Group by 25.1% during the second quarter. Farther Finance Advisors LLC now owns 792 shares of the financial services provider’s stock valued at $55,000 after purchasing an additional 159 shares in the last quarter. 71.01% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on Z shares. Gordon Haskett raised shares of Zillow Group to a “strong-buy” rating in a research report on Friday, October 3rd. Mizuho upgraded Zillow Group to a “strong-buy” rating in a research note on Monday, September 29th. Keefe, Bruyette & Woods decreased their price target on Zillow Group from $85.00 to $80.00 and set a “market perform” rating for the company in a research report on Monday, November 3rd. Oppenheimer assumed coverage on Zillow Group in a report on Monday, October 6th. They set a “market perform” rating on the stock. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Zillow Group in a research report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $91.14.

Insider Activity at Zillow Group

In other Zillow Group news, CTO David A. Beitel sold 3,893 shares of Zillow Group stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $71.12, for a total value of $276,870.16. Following the completion of the sale, the chief technology officer owned 140,656 shares of the company’s stock, valued at approximately $10,003,454.72. This trade represents a 2.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Errol G. Samuelson sold 7,641 shares of the business’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $71.13, for a total value of $543,504.33. Following the completion of the transaction, the insider owned 120,815 shares of the company’s stock, valued at $8,593,570.95. This represents a 5.95% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 141,497 shares of company stock valued at $11,547,036 over the last ninety days. Corporate insiders own 25.03% of the company’s stock.

Zillow Group Price Performance

Shares of Zillow Group stock opened at $68.80 on Friday. Zillow Group, Inc. has a 1 year low of $57.51 and a 1 year high of $93.88. The firm’s 50-day moving average is $77.25 and its 200 day moving average is $75.72. The stock has a market cap of $16.65 billion, a price-to-earnings ratio of -491.39, a PEG ratio of 27.05 and a beta of 2.10.

Zillow Group (NASDAQ:Z) last issued 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 firm had revenue of $729.00 million during the quarter, compared to analysts’ expectations 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 analysts expect that Zillow Group, Inc. will post 0.32 EPS for the current fiscal year.

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.