Zillow Group, Inc. (NASDAQ:Z) CTO David A. Beitel sold 739 shares of the stock in a transaction that occurred on Thursday, August 17th. The stock was sold at an average price of $39.60, for a total value of $29,264.40. Following the completion of the sale, the chief technology officer now owns 32,609 shares in the company, valued at $1,291,316.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of Zillow Group, Inc. (NASDAQ:Z) traded down 0.90% during midday trading on Friday, hitting $38.64. The stock had a trading volume of 1,061,504 shares. The firm’s market cap is $7.17 billion. Zillow Group, Inc. has a 52-week low of $31.22 and a 52-week high of $51.23. The firm’s 50 day moving average price is $44.87 and its 200 day moving average price is $40.51.

Zillow Group (NASDAQ:Z) last released its quarterly earnings results on Tuesday, August 8th. The financial services provider reported ($0.12) EPS for the quarter. Zillow Group had a negative return on equity of 0.40% and a negative net margin of 4.47%. The firm had revenue of $266.85 million for the quarter. On average, equities research analysts expect that Zillow Group, Inc. will post $0.52 earnings per share for the current year.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Caledonia Private Investments Pty Ltd raised its stake in Zillow Group by 3.0% in the second quarter. Caledonia Private Investments Pty Ltd now owns 26,741,104 shares of the financial services provider’s stock worth $1,306,036,000 after buying an additional 781,207 shares in the last quarter. Wellington Management Group LLP raised its stake in Zillow Group by 19.1% in the first quarter. Wellington Management Group LLP now owns 15,312,733 shares of the financial services provider’s stock worth $515,579,000 after buying an additional 2,452,824 shares in the last quarter. Vanguard Group Inc. raised its stake in Zillow Group by 2.2% in the second quarter. Vanguard Group Inc. now owns 8,449,585 shares of the financial services provider’s stock worth $414,114,000 after buying an additional 179,802 shares in the last quarter. BlackRock Inc. raised its stake in Zillow Group by 1,820.7% in the first quarter. BlackRock Inc. now owns 5,473,739 shares of the financial services provider’s stock worth $184,301,000 after buying an additional 5,188,752 shares in the last quarter. Finally, SRS Investment Management LLC raised its stake in Zillow Group by 89.3% in the first quarter. SRS Investment Management LLC now owns 4,668,461 shares of the financial services provider’s stock worth $157,187,000 after buying an additional 2,202,599 shares in the last quarter. Institutional investors own 89.98% of the company’s stock.

Several brokerages have recently weighed in on Z. Deutsche Bank AG increased their price target on Zillow Group to $50.00 and gave the stock a “neutral” rating in a report on Monday, August 7th. Needham & Company LLC reiterated a “buy” rating and issued a $48.00 price target (up from $41.00) on shares of Zillow Group in a report on Friday, May 5th. Cowen and Company set a $40.00 price target on Zillow Group and gave the stock a “market perform” rating in a report on Friday, May 5th. Stifel Nicolaus reiterated a “buy” rating and issued a $54.50 price target (up from $46.00) on shares of Zillow Group in a report on Friday, June 30th. Finally, BidaskClub downgraded Zillow Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 8th. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $46.06.

Insider Buying and Selling by Quarter for Zillow Group (NASDAQ:Z)

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