Zillow Group, Inc. $Z Shares Sold by Forsta AP Fonden

Forsta AP Fonden decreased its position in Zillow Group, Inc. (NASDAQ:Z) by 51.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,600 shares of the financial services provider’s stock after selling 35,400 shares during the period. Forsta AP Fonden’s holdings in Zillow Group were worth $2,354,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in Z. IFP Advisors Inc raised its position in shares of 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 buying an additional 338 shares during the period. TD Private Client Wealth LLC increased its stake in Zillow Group by 352.0% during the second 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 during the last quarter. SBI Securities Co. Ltd. raised its position in Zillow Group by 58.2% in the second quarter. SBI Securities Co. Ltd. now owns 503 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 185 shares during the period. National Pension Service raised its position in 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 period. Finally, Strategic Investment Solutions Inc. IL acquired a new position in shares of Zillow Group in the 1st quarter valued at $49,000. Institutional investors and hedge funds own 71.01% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Mizuho raised Zillow Group to a “strong-buy” rating in a research report on Monday, September 29th. JPMorgan Chase & Co. increased their target price on shares of Zillow Group from $94.00 to $95.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Bank of America boosted their price target 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. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zillow Group in a research report on Wednesday, October 8th. Finally, Gordon Haskett upgraded shares of Zillow Group to a “strong-buy” rating in a report on Friday, October 3rd. Three analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $91.14.

Zillow Group Stock Down 2.2%

NASDAQ:Z opened at $68.80 on Friday. The company has a market capitalization of $16.65 billion, a PE ratio of -491.39, a price-to-earnings-growth ratio of 27.05 and a beta of 2.10. Zillow Group, Inc. has a 52-week low of $57.51 and a 52-week high of $93.88. The stock has a fifty day simple moving average of $77.25 and a 200-day simple moving average of $75.72.

Zillow Group (NASDAQ:Z) last issued its quarterly earnings data on Thursday, October 30th. The financial services provider reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.02). Zillow Group had a negative net margin of 1.29% and a negative return on equity of 0.56%. The business 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. As a group, equities analysts anticipate that Zillow Group, Inc. will post 0.32 earnings per share for the current year.

Insiders Place Their Bets

In related news, CTO David A. Beitel sold 3,893 shares of the company’s stock in a transaction that occurred 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 sale, the chief technology officer owned 140,656 shares of the company’s stock, valued at approximately $10,003,454.72. This represents a 2.69% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Dan Spaulding sold 5,455 shares of the stock in a transaction on Friday, November 14th. The shares were sold at an average price of $69.40, for a total value of $378,577.00. Following the sale, the insider owned 50,342 shares in the company, valued at approximately $3,493,734.80. This trade represents a 9.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 141,497 shares of company stock valued at $11,547,036. Corporate insiders own 25.03% 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.