Rothschild Investment LLC Sells 999 Shares of Zillow Group, Inc. $ZG

Rothschild Investment LLC lowered its holdings in Zillow Group, Inc. (NASDAQ:ZG) by 69.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 441 shares of the technology company’s stock after selling 999 shares during the period. Rothschild Investment LLC’s holdings in Zillow Group were worth $30,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in ZG. Private Advisor Group LLC boosted its holdings in shares of Zillow Group by 5.7% in the 1st quarter. Private Advisor Group LLC now owns 26,137 shares of the technology company’s stock worth $1,748,000 after buying an additional 1,419 shares during the last quarter. Kestra Private Wealth Services LLC bought a new stake in Zillow Group in the first quarter worth about $354,000. Cetera Investment Advisers boosted its stake in Zillow Group by 15.1% in the first quarter. Cetera Investment Advisers now owns 3,709 shares of the technology company’s stock valued at $248,000 after acquiring an additional 487 shares during the last quarter. Baillie Gifford & Co. boosted its stake in Zillow Group by 0.3% in the first quarter. Baillie Gifford & Co. now owns 92,289 shares of the technology company’s stock valued at $6,170,000 after acquiring an additional 264 shares during the last quarter. Finally, Federated Hermes Inc. grew its position in shares of Zillow Group by 10.9% during the 1st quarter. Federated Hermes Inc. now owns 44,359 shares of the technology company’s stock valued at $2,966,000 after acquiring an additional 4,373 shares during the period. 20.32% of the stock is owned by hedge funds and other institutional investors.

Zillow Group Price Performance

Zillow Group stock opened at $66.85 on Thursday. The firm has a market capitalization of $16.18 billion, a P/E ratio of -257.12, a PEG ratio of 23.55 and a beta of 2.09. Zillow Group, Inc. has a one year low of $56.63 and a one year high of $90.22. The business has a fifty day moving average price of $73.34 and a 200-day moving average price of $73.36.

Zillow Group (NASDAQ:ZG) last issued its quarterly earnings data on Thursday, October 30th. The technology company reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.02). The company had revenue of $676.00 million for the quarter, compared to analysts’ expectations of $670.28 million. Zillow Group had a negative return on equity of 1.26% and a negative net margin of 2.60%.The business’s revenue for the quarter was up 16.4% on a year-over-year basis. During the same period last year, the company posted $0.35 EPS. Zillow Group has set its Q4 2025 guidance at EPS. Sell-side analysts expect that Zillow Group, Inc. will post 0.32 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. lifted their price target on shares of Zillow Group from $94.00 to $95.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Sanford C. Bernstein reissued an “outperform” rating on shares of Zillow Group in a research report on Monday, October 27th. Piper Sandler reaffirmed an “overweight” rating and set a $85.00 price target (down previously from $94.00) on shares of Zillow Group in a research report on Friday, October 31st. UBS Group cut their price target on Zillow Group from $95.00 to $92.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Finally, Benchmark restated a “buy” rating on shares of Zillow Group in a research note on Friday, October 31st. One equities research 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. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $87.42.

Insider Buying and Selling

In other Zillow Group news, CFO Jeremy Hofmann sold 25,000 shares of the stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $89.99, for a total value of $2,249,750.00. Following the sale, the chief financial officer directly owned 84,146 shares in the company, valued at $7,572,298.54. This represents a 22.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO David A. Beitel sold 22,510 shares of the business’s stock in a transaction on Monday, September 8th. The shares were sold at an average price of $90.97, for a total transaction of $2,047,734.70. Following the transaction, the chief technology officer owned 144,549 shares of the company’s stock, valued at $13,149,622.53. This trade represents a 13.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 141,497 shares of company stock valued at $11,547,036 in the last three months. Insiders own 17.14% of the company’s stock.

Zillow Group Company Profile

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.