BidaskClub downgraded shares of Zillow Group (NASDAQ:Z) from a hold rating to a sell rating in a report released on Saturday morning.

A number of other brokerages have also weighed in on Z. Benchmark restated a buy rating and issued a $55.00 price objective on shares of Zillow Group in a report on Thursday, October 5th. Canaccord Genuity raised their price objective on shares of Zillow Group from $52.00 to $53.00 and gave the company a buy rating in a report on Wednesday, November 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of $47.44.

Shares of Zillow Group (NASDAQ:Z) opened at $42.48 on Friday. Zillow Group has a fifty-two week low of $32.56 and a fifty-two week high of $51.23. The firm has a market cap of $5,170.00 and a price-to-earnings ratio of -193.09. The company has a debt-to-equity ratio of 0.14, a current ratio of 6.44 and a quick ratio of 6.44.

In related news, insider Greg M. Schwartz sold 16,000 shares of Zillow Group stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $39.20, for a total transaction of $627,200.00. Following the sale, the insider now directly owns 28,934 shares in the company, valued at approximately $1,134,212.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO David A. Beitel sold 57,189 shares of Zillow Group stock in a transaction on Friday, November 10th. The stock was sold at an average price of $39.34, for a total transaction of $2,249,815.26. Following the sale, the chief technology officer now owns 5,977 shares in the company, valued at $235,135.18. The disclosure for this sale can be found here. Insiders have sold a total of 612,156 shares of company stock worth $24,712,800 over the last quarter. 21.72% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the business. D.A. Davidson & CO. increased its stake in Zillow Group by 2.1% in the second quarter. D.A. Davidson & CO. now owns 2,817 shares of the financial services provider’s stock valued at $138,000 after purchasing an additional 57 shares during the period. JPMorgan Chase & Co. increased its stake in Zillow Group by 878.9% in the second quarter. JPMorgan Chase & Co. now owns 3,152 shares of the financial services provider’s stock valued at $154,000 after purchasing an additional 2,830 shares during the period. Massey Quick Simon & CO. LLC acquired a new position in Zillow Group in the third quarter valued at $130,000. ETF Managers Group LLC acquired a new position in Zillow Group in the second quarter valued at $167,000. Finally, Virtu KCG Holdings LLC acquired a new position in Zillow Group in the second quarter valued at $206,000. Institutional investors own 58.00% of the company’s stock.

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Zillow Group Company Profile

Zillow Group, Inc operates real estate and home-related information marketplaces on mobile and the Web in the United States. The company offers a portfolio of brands and products to enable people find information about homes and connect with local professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.

Analyst Recommendations for Zillow Group (NASDAQ:Z)

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