Zillow Group, Inc. $Z Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC lifted its holdings in Zillow Group, Inc. (NASDAQ:Z) by 2.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 3,142,403 shares of the financial services provider’s stock after purchasing an additional 69,630 shares during the quarter. Geode Capital Management LLC’s holdings in Zillow Group were worth $219,467,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. TD Private Client Wealth LLC raised its stake in shares of Zillow Group by 352.0% during the 2nd quarter. TD Private Client Wealth LLC now owns 452 shares of the financial services provider’s stock worth $32,000 after buying an additional 352 shares during the period. IFP Advisors Inc increased its holdings in Zillow Group by 288.9% in the 1st quarter. IFP Advisors Inc now owns 455 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 338 shares in the last quarter. SBI Securities Co. Ltd. increased its holdings in Zillow Group by 58.2% in the 2nd quarter. SBI Securities Co. Ltd. now owns 503 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 185 shares in the last quarter. National Pension Service raised its position in Zillow Group by 74.8% during the first quarter. National Pension Service now owns 577 shares of the financial services provider’s stock worth $40,000 after acquiring an additional 247 shares during the period. Finally, Strategic Investment Solutions Inc. IL purchased a new position in Zillow Group during the first quarter valued at $49,000. Institutional investors and hedge funds own 71.01% of the company’s stock.

Zillow Group Stock Down 0.5%

Shares of Zillow Group stock opened at $68.43 on Tuesday. The firm has a market cap of $16.56 billion, a PE ratio of -488.75, a price-to-earnings-growth ratio of 27.05 and a beta of 2.11. Zillow Group, Inc. has a 52 week low of $57.51 and a 52 week high of $93.88. The business’s fifty day simple moving average is $76.82 and its 200-day simple moving average is $75.79.

Zillow Group (NASDAQ:Z) last posted its quarterly earnings data on Thursday, October 30th. The financial services provider reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates 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 company had revenue of $729.00 million for the quarter, compared to analysts’ expectations of $670.28 million. Zillow Group has set its Q4 2025 guidance at EPS. As a group, equities analysts expect that Zillow Group, Inc. will post 0.32 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms recently weighed in on Z. Bank of America upped their price target on shares of Zillow Group from $81.00 to $88.00 and gave the stock a “neutral” rating in a research report on Thursday, August 7th. Gordon Haskett raised Zillow Group to a “strong-buy” rating in a report on Friday, October 3rd. Weiss Ratings restated a “sell (d-)” rating on shares of Zillow Group in a research report on Wednesday, October 8th. Oppenheimer began coverage on Zillow Group in a research note on Monday, October 6th. They issued a “market perform” rating on the stock. Finally, Sanford C. Bernstein raised Zillow Group from a “market perform” rating to an “outperform” rating and set a $105.00 price objective for the company in a research note on Wednesday, September 17th. Three equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $91.14.

Insider Buying and Selling at Zillow Group

In other Zillow Group news, CEO Jeremy Wacksman sold 10,855 shares of the company’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $69.99, for a total transaction of $759,741.45. Following the sale, the chief executive officer owned 134,712 shares in the company, valued at $9,428,492.88. This represents a 7.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Dan Spaulding sold 5,455 shares of the firm’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $69.40, for a total transaction of $378,577.00. Following the completion of the sale, the insider owned 50,342 shares in the company, valued at $3,493,734.80. The trade was a 9.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 141,497 shares of company stock valued at $11,547,036. Insiders own 23.76% of the company’s stock.

Zillow Group 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.