Dan Spaulding Sells 5,455 Shares of Zillow Group (NASDAQ:ZG) Stock

Zillow Group, Inc. (NASDAQ:ZG) insider Dan Spaulding sold 5,455 shares of the company’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $69.40, for a total transaction of $378,577.00. Following the completion of the sale, the insider directly owned 50,342 shares of the company’s stock, valued at approximately $3,493,734.80. This represents a 9.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Dan Spaulding also recently made the following trade(s):

• On Wednesday, November 12th, Dan Spaulding sold 3,819 shares of Zillow Group stock. The stock was sold at an average price of $71.12, for a total transaction of $271,607.28.

Zillow Group Price Performance

Shares of NASDAQ:ZG traded down $1.47 on Friday, reaching $67.21. 908,247 shares of the company traded hands, compared to its average volume of 587,079. The stock has a market capitalization of $16.27 billion, a PE ratio of -258.50, a P/E/G ratio of 23.55 and a beta of 2.09. The company’s 50 day moving average is $74.75 and its 200-day moving average is $73.29. Zillow Group, Inc. has a fifty-two week low of $56.63 and a fifty-two week high of $90.22.

Zillow Group (NASDAQ:ZG) last announced its earnings results on Thursday, October 30th. The technology company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.02). Zillow Group had a negative return on equity of 1.26% and a negative net margin of 2.60%.The firm had revenue of $676.00 million during the quarter, compared to analyst estimates of $670.28 million. During the same quarter in the previous year, the business earned $0.35 earnings per share. The business’s quarterly revenue was up 16.4% compared to the same quarter last year. Zillow Group has set its Q4 2025 guidance at EPS. As a group, analysts expect that Zillow Group, Inc. will post 0.32 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have issued reports on ZG shares. Cantor Fitzgerald reiterated a “neutral” rating and issued a $74.00 target price on shares of Zillow Group in a research note on Friday, October 31st. Mizuho assumed coverage on shares of Zillow Group in a report on Monday, September 29th. They set an “outperform” rating and a $100.00 price target on the stock. Canaccord Genuity Group upped their price objective on shares of Zillow Group from $76.00 to $84.00 and gave the stock a “hold” rating in a report on Thursday, August 7th. KeyCorp reissued an “overweight” rating and set a $92.00 target price (up from $90.00) on shares of Zillow Group in a research report on Thursday, August 7th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $78.00 price target on shares of Zillow Group in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Zillow Group presently has a consensus rating of “Moderate Buy” and an average target price of $87.42.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Personalized Indexing Management LLC grew its holdings in shares of Zillow Group by 3.0% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 4,550 shares of the technology company’s stock valued at $312,000 after buying an additional 131 shares during the period. Voya Investment Management LLC raised its holdings in Zillow Group by 2.8% during the first quarter. Voya Investment Management LLC now owns 5,778 shares of the technology company’s stock worth $386,000 after acquiring an additional 156 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Zillow Group by 4.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 3,657 shares of the technology company’s stock valued at $256,000 after buying an additional 156 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Zillow Group by 78.9% in the 3rd quarter. Smartleaf Asset Management LLC now owns 424 shares of the technology company’s stock valued at $33,000 after purchasing an additional 187 shares during the period. Finally, Jones Financial Companies Lllp increased its position in Zillow Group by 23.1% during the third quarter. Jones Financial Companies Lllp now owns 1,033 shares of the technology company’s stock worth $80,000 after buying an additional 194 shares during the last quarter. Institutional investors own 20.32% of the company’s stock.

About Zillow Group

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.