National Pension Service Buys 1,964 Shares of Zillow Group, Inc. $Z

National Pension Service increased its stake in shares of Zillow Group, Inc. (NASDAQ:Z) by 340.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,541 shares of the financial services provider’s stock after acquiring an additional 1,964 shares during the period. National Pension Service’s holdings in Zillow Group were worth $178,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of Z. IFP Advisors Inc increased 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 worth $31,000 after purchasing an additional 338 shares during the last quarter. TD Private Client Wealth LLC boosted its holdings 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 valued at $32,000 after buying an additional 352 shares during the last quarter. Strategic Investment Solutions Inc. IL bought a new position in shares of Zillow Group in the first quarter valued at $49,000. Farther Finance Advisors LLC increased its holdings in Zillow Group by 25.1% during the second quarter. Farther Finance Advisors LLC now owns 792 shares of the financial services provider’s stock worth $55,000 after buying an additional 159 shares during the last quarter. Finally, GAMMA Investing LLC increased its holdings in Zillow Group by 46.0% during the second quarter. GAMMA Investing LLC now owns 886 shares of the financial services provider’s stock worth $62,000 after buying an additional 279 shares during the last quarter. 71.01% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have commented on Z. JPMorgan Chase & Co. increased their price target on shares of Zillow Group from $94.00 to $95.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Sanford C. Bernstein raised shares of Zillow Group from a “market perform” rating to an “outperform” rating and set a $105.00 target price on the stock in a report on Wednesday, September 17th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zillow Group in a research note on Wednesday, October 8th. Oppenheimer assumed coverage on Zillow Group in a research report on Monday, October 6th. They set a “market perform” rating on the stock. Finally, Bank of America upped their price objective on Zillow Group from $81.00 to $88.00 and gave the company a “neutral” rating in a research note on Thursday, August 7th. 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 given a Sell rating to the company. According to data from MarketBeat.com, Zillow Group presently has an average rating of “Moderate Buy” and an average target price of $91.14.

Insider Activity

In other news, CEO Jeremy Wacksman sold 10,855 shares of the stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $69.99, for a total value of $759,741.45. Following the completion of the sale, the chief executive officer directly owned 134,712 shares of the company’s stock, valued at $9,428,492.88. This represents a 7.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Jeremy Hofmann sold 25,000 shares of the firm’s stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $89.99, for a total value of $2,249,750.00. Following the completion of the transaction, the chief financial officer owned 84,146 shares in the company, valued at $7,572,298.54. This represents a 22.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 141,497 shares of company stock valued at $11,547,036. 25.03% of the stock is currently owned by insiders.

Zillow Group Stock Performance

Shares of NASDAQ:Z opened at $68.80 on Friday. Zillow Group, Inc. has a 52-week low of $57.51 and a 52-week high of $93.88. The business’s 50 day simple moving average is $77.25 and its two-hundred day simple moving average is $75.72. The firm has a market cap of $16.65 billion, a P/E ratio of -491.39, a PEG ratio of 27.05 and a beta of 2.10.

Zillow Group (NASDAQ:Z) last released its quarterly earnings data on Thursday, October 30th. The financial services provider reported $0.44 EPS for the quarter, missing the consensus estimate 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 firm had revenue of $729.00 million for 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 forecast that Zillow Group, Inc. will post 0.32 earnings per share for the current fiscal year.

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.