Zillow Group (NASDAQ:Z) Insider Errol Samuelson Sells 7,641 Shares

Zillow Group, Inc. (NASDAQ:Z) insider Errol Samuelson sold 7,641 shares of Zillow Group stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $71.13, for a total transaction of $543,504.33. Following the completion of the transaction, the insider owned 120,815 shares in the company, valued at approximately $8,593,570.95. This trade represents a 5.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Zillow Group Stock Performance

Zillow Group stock traded down $1.57 during trading hours on Friday, reaching $68.80. 3,766,893 shares of the stock were exchanged, compared to its average volume of 2,754,949. Zillow Group, Inc. has a 52-week low of $57.51 and a 52-week high of $93.88. The firm’s 50 day moving average is $77.63 and its 200 day moving average is $75.64. The stock has a market cap of $16.65 billion, a P/E ratio of -491.39, a P/E/G ratio of 28.32 and a beta of 2.10.

Zillow Group (NASDAQ:Z) last announced its quarterly earnings data on Thursday, October 30th. The financial services provider reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.02). The firm had revenue of $729.00 million during the quarter, compared to analyst estimates of $670.28 million. Zillow Group had a negative net margin of 1.29% and a negative return on equity of 0.56%. Zillow Group has set its Q4 2025 guidance at EPS. Equities research analysts expect that Zillow Group, Inc. will post 0.32 EPS for the current fiscal year.

Institutional Trading of Zillow Group

Hedge funds have recently bought and sold shares of the company. Caisse de depot et placement du Quebec purchased a new stake in Zillow Group in the 3rd quarter worth approximately $13,160,000. Man Group plc purchased a new position in shares of Zillow Group during the 3rd quarter worth $616,000. California State Teachers Retirement System boosted its holdings in shares of Zillow Group by 0.3% during the third quarter. California State Teachers Retirement System now owns 286,277 shares of the financial services provider’s stock worth $22,058,000 after purchasing an additional 726 shares during the last quarter. Davidson Kempner Capital Management LP grew its position in shares of Zillow Group by 23.7% in the third quarter. Davidson Kempner Capital Management LP now owns 371,000 shares of the financial services provider’s stock valued at $28,586,000 after purchasing an additional 71,000 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Zillow Group by 19.2% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 36,666 shares of the financial services provider’s stock valued at $2,825,000 after purchasing an additional 5,903 shares during the last quarter. Institutional investors and hedge funds own 71.01% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on Z shares. Weiss Ratings restated a “sell (d-)” rating on shares of Zillow Group in a research report on Wednesday, October 8th. Gordon Haskett raised shares of Zillow Group to a “strong-buy” rating in a report on Friday, October 3rd. Mizuho upgraded shares of Zillow Group to a “strong-buy” rating in a research report on Monday, September 29th. JPMorgan Chase & Co. upped their price target on Zillow Group from $94.00 to $95.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Finally, Bank of America raised their price objective on Zillow Group from $81.00 to $88.00 and gave the company a “neutral” rating in a research note on Thursday, August 7th. Three research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Zillow Group presently has a consensus rating of “Moderate Buy” and an average target price of $91.14.

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.