Bradley Owens Sells 1,897 Shares of Zillow Group (NASDAQ:Z) Stock

Zillow Group, Inc. (NASDAQ:Z) General Counsel Bradley Owens sold 1,897 shares of Zillow Group stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $71.12, for a total transaction of $134,914.64. Following the completion of the sale, the general counsel owned 40,696 shares of the company’s stock, valued at approximately $2,894,299.52. The trade was a 4.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Zillow Group Price Performance

Shares of NASDAQ Z opened at $68.80 on Friday. The business has a fifty day moving average price of $77.25 and a two-hundred day moving average price of $75.72. The stock has a market capitalization of $16.65 billion, a PE ratio of -491.39, a P/E/G ratio of 27.05 and a beta of 2.10. 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 issued its quarterly earnings results 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 return on equity of 0.56% and a negative net margin of 1.29%.The company had revenue of $729.00 million during the quarter, compared to the consensus estimate of $670.28 million. 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 year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on Z shares. Gordon Haskett raised shares of Zillow Group to a “strong-buy” rating in a report on Friday, October 3rd. Bank of America boosted their price objective on shares of Zillow Group from $81.00 to $88.00 and gave the company a “neutral” rating in a research report on Thursday, August 7th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zillow Group in a research note on Wednesday, October 8th. JPMorgan Chase & Co. boosted their price target on Zillow Group from $94.00 to $95.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Finally, Keefe, Bruyette & Woods decreased their target price on Zillow Group from $85.00 to $80.00 and set a “market perform” rating on the stock in a research report on Monday, November 3rd. Three analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $91.14.

Hedge Funds Weigh In On Zillow Group

Several large investors have recently bought and sold shares of the company. Schonfeld Strategic Advisors LLC bought a new stake in shares of Zillow Group during the third quarter worth about $30,569,000. Polar Asset Management Partners Inc. acquired a new stake in Zillow Group during the 3rd quarter worth approximately $2,375,000. SummitTX Capital L.P. bought a new stake in Zillow Group during the 3rd quarter worth approximately $594,000. Credit Agricole S A acquired a new position in Zillow Group in the 3rd quarter valued at approximately $1,333,000. Finally, Raymond James Financial Inc. increased its position in Zillow Group by 19.0% in the 3rd quarter. Raymond James Financial Inc. now owns 63,488 shares of the financial services provider’s stock valued at $4,892,000 after acquiring an additional 10,150 shares during the period. 71.01% of the stock is currently owned by institutional investors.

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.