Zillow Group (NASDAQ:Z) Cut to Hold at Wall Street Zen

Wall Street Zen lowered shares of Zillow Group (NASDAQ:Z) from a buy rating to a hold rating in a research report sent to investors on Saturday.

Z has been the subject of a number of other reports. Jefferies Financial Group lowered their price target on Zillow Group from $75.00 to $60.00 and set a “buy” rating for the company in a report on Tuesday, July 14th. Sanford C. Bernstein downgraded shares of Zillow Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. Keefe, Bruyette & Woods lowered their target price on shares of Zillow Group from $37.00 to $34.00 and set a “market perform” rating for the company in a report on Friday. UBS Group lowered their target price on shares of Zillow Group from $80.00 to $75.00 and set a “buy” rating for the company in a report on Tuesday, April 28th. Finally, Evercore downgraded shares of Zillow Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $68.50.

Zillow Group Price Performance

Zillow Group stock opened at $33.75 on Friday. The stock has a market cap of $7.72 billion, a PE ratio of 153.42, a P/E/G ratio of 1.44 and a beta of 1.98. The stock’s fifty day moving average is $33.00 and its two-hundred day moving average is $41.12. Zillow Group has a 1-year low of $29.23 and a 1-year high of $93.88.

Zillow Group (NASDAQ:Z) last released its quarterly earnings data on Wednesday, August 5th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.07. Zillow Group had a return on equity of 2.32% and a net margin of 1.96%.The business had revenue of $772.00 million during the quarter, compared to analysts’ expectations of $758.10 million. On average, research analysts expect that Zillow Group will post 0.9 earnings per share for the current fiscal year.

Insider Activity

In other Zillow Group news, General Counsel Bradley D. Owens sold 3,364 shares of Zillow Group stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $37.23, for a total transaction of $125,241.72. Following the transaction, the general counsel owned 65,245 shares of the company’s stock, valued at $2,429,071.35. The trade was a 4.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Errol G. Samuelson sold 2,939 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $37.97, for a total value of $111,593.83. Following the completion of the sale, the insider owned 134,039 shares of the company’s stock, valued at approximately $5,089,460.83. This represents a 2.15% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 42,910 shares of company stock worth $1,605,732 over the last ninety days. 23.76% of the stock is owned by corporate insiders.

Institutional Trading of Zillow Group

A number of large investors have recently bought and sold shares of Z. Assenagon Asset Management S.A. grew its position in Zillow Group by 11.9% during the 2nd quarter. Assenagon Asset Management S.A. now owns 303,930 shares of the financial services provider’s stock worth $9,580,000 after purchasing an additional 32,387 shares during the last quarter. Arlington Partners LLC raised its holdings in shares of Zillow Group by 22.5% in the second quarter. Arlington Partners LLC now owns 7,235 shares of the financial services provider’s stock valued at $228,000 after buying an additional 1,327 shares during the last quarter. CX Institutional purchased a new stake in shares of Zillow Group in the second quarter valued at about $110,000. NewEdge Advisors LLC boosted its stake in shares of Zillow Group by 2.0% during the first quarter. NewEdge Advisors LLC now owns 38,052 shares of the financial services provider’s stock worth $1,575,000 after buying an additional 750 shares during the period. Finally, Centaurus Financial Inc. acquired a new stake in shares of Zillow Group during the first quarter worth about $166,000. Institutional investors and hedge funds own 71.01% of the company’s stock.

Key Zillow Group News

Here are the key news stories impacting Zillow Group this week:

• Negative Sentiment: Several law firms reminded Zillow investors that August 10 is the deadline to seek lead-plaintiff status in a securities class action covering purchases of Zillow Class A or Class C shares from February 11, 2025, through May 7, 2026. The lawsuit alleges violations of federal securities laws; the allegations have not been proven, and the notices do not represent a new operating or financial charge. Faruqi class action deadline notice DJS Law Group lawsuit notice
• Negative Sentiment: Keefe, Bruyette & Woods reduced its Zillow price target to $34, roughly in line with the stock’s current trading area. The cut signals weaker expected upside and adds to recent caution from Sanford C. Bernstein and Evercore, both of which downgraded the shares to “Hold.” Keefe, Bruyette & Woods price-target reduction
• Negative Sentiment: A report said Zillow warned that the housing market may have peaked for 2026. Such a view could weigh on expectations for housing transactions, listings and demand for Zillow’s advertising and related services. Zillow housing-market outlook

About Zillow Group

Zillow Group, Inc is an online real estate marketplace company that operates a portfolio of consumer-facing websites and mobile apps designed to connect buyers, sellers, renters, homeowners and real estate professionals. The company’s platforms aggregate property listings, rental listings, and related information to help users search for homes, estimate property values and connect with agents and service providers. Zillow generates revenue primarily through advertising and lead-generation services for real estate professionals, property managers and mortgage lenders.

Key products and services include the Zillow and Trulia consumer websites and apps, which provide searchable listings, photos, neighborhood data and the company’s automated home valuation tool known as the “Zestimate.” Zillow also offers a rentals marketplace, a mortgage marketplace and tools for home buying and selling such as Zillow Premier Agent for agent advertising and leads, as well as ancillary services designed to support transactions, including closing and title-related offerings.