Zillow Group (Z) Receives Media Impact Rating of 0.19
News coverage about Zillow Group (NASDAQ:Z) has trended somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Zillow Group earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 43.9575689276717 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- Florida Realtors® 2018 Real Estate Trends: Expect Growth in Employment, Population and Visitors (bizjournals.com)
- Blueprint Healthcare Real Estate Advisors Names Torey Riso President & Chief Executive Officer (prnewswire.com)
- Zillow Group, Inc. : The Monopoly That Isn’t (investorplace.com)
- Real Estate Notebook: Growing startup close to choosing building for 300-employee office (bizjournals.com)
- Gannett sells former Now Media Group office in Waukesha (biztimes.com)
Zillow Group (NASDAQ Z) traded down $0.85 during trading on Monday, reaching $45.19. 853,218 shares of the company traded hands, compared to its average volume of 832,449. Zillow Group has a 12-month low of $32.56 and a 12-month high of $51.23. The company has a debt-to-equity ratio of 0.14, a current ratio of 6.44 and a quick ratio of 6.44. The firm has a market cap of $5,820.00 and a P/E ratio of -205.41.
Several analysts have recently commented on Z shares. BidaskClub lowered shares of Zillow Group from a “hold” rating to a “sell” rating in a research report on Tuesday, January 23rd. Morgan Stanley upgraded shares of Zillow Group from an “equal weight” rating to an “overweight” rating and set a $50.00 target price for the company in a report on Wednesday, January 10th. Benchmark reiterated a “buy” rating and issued a $55.00 target price on shares of Zillow Group in a report on Thursday, October 5th. Finally, Canaccord Genuity lifted their target price 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. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $48.81.
In other Zillow Group news, Vice Chairman Lloyd D. Frink sold 13,600 shares of the business’s stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of $44.60, for a total value of $606,560.00. Following the completion of the transaction, the insider now owns 4,334,008 shares in the company, valued at $193,296,756.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Spencer M. Rascoff sold 141,500 shares of the business’s stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $39.54, for a total transaction of $5,594,910.00. Following the completion of the transaction, the chief executive officer now owns 73,279 shares of the company’s stock, valued at approximately $2,897,451.66. The disclosure for this sale can be found here. Insiders sold a total of 678,791 shares of company stock valued at $27,548,750 in the last quarter. 21.72% of the stock is owned by insiders.
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About Zillow Group
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.
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