Zillow Group (NASDAQ:Z) Insider Sells $271,607.28 in Stock

Zillow Group, Inc. (NASDAQ:Z) insider Dan Spaulding sold 3,819 shares of Zillow Group stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $71.12, for a total transaction of $271,607.28. Following the transaction, the insider owned 55,797 shares in the company, valued at approximately $3,968,282.64. This trade represents a 6.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Friday, November 14th, Dan Spaulding sold 5,455 shares of Zillow Group stock. The shares were sold at an average price of $69.40, for a total value of $378,577.00.

Zillow Group Stock Down 2.2%

NASDAQ Z traded down $1.57 during trading hours on Friday, reaching $68.80. The company’s stock had a trading volume of 3,766,893 shares, compared to its average volume of 2,754,949. The company has a market capitalization of $16.65 billion, a price-to-earnings ratio of -491.39, a PEG ratio of 28.32 and a beta of 2.10. Zillow Group, Inc. has a 1 year low of $57.51 and a 1 year high of $93.88. The firm’s 50-day moving average price is $77.63 and its 200-day moving average price is $75.64.

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

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Bank of America boosted their price target on shares of Zillow Group from $81.00 to $88.00 and gave the stock a “neutral” rating in a research report on Thursday, August 7th. Gordon Haskett raised shares of Zillow Group to a “strong-buy” rating in a report on Friday, October 3rd. Sanford C. Bernstein raised Zillow Group from a “market perform” rating to an “outperform” rating and set a $105.00 price objective on the stock in a research note on Wednesday, September 17th. Keefe, Bruyette & Woods lowered their price objective on Zillow Group from $85.00 to $80.00 and set a “market perform” rating for the company in a research note on Monday, November 3rd. Finally, JPMorgan Chase & Co. boosted their target price on Zillow Group from $94.00 to $95.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. Three research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $91.14.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Envestnet Asset Management Inc. grew its stake in Zillow Group by 21.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 68,468 shares of the financial services provider’s stock worth $4,694,000 after acquiring an additional 12,150 shares in the last quarter. Cerity Partners LLC lifted its holdings in shares of Zillow Group by 67.0% in the 1st quarter. Cerity Partners LLC now owns 20,475 shares of the financial services provider’s stock worth $1,404,000 after buying an additional 8,215 shares during the period. Arizona State Retirement System increased its stake in shares of Zillow Group by 3.6% during the first quarter. Arizona State Retirement System now owns 46,181 shares of the financial services provider’s stock valued at $3,166,000 after buying an additional 1,588 shares during the period. CWM LLC raised its holdings in shares of Zillow Group by 186.3% in the first quarter. CWM LLC now owns 13,623 shares of the financial services provider’s stock valued at $934,000 after acquiring an additional 8,864 shares in the last quarter. Finally, Edgestream Partners L.P. bought a new position in Zillow Group during the 1st quarter worth about $1,107,000. 71.01% of the stock is currently owned by institutional investors.

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.