Analysts Set Zillow Group, Inc. (NASDAQ:Z) Price Target at $91.14

Shares of Zillow Group, Inc. (NASDAQ:Z) have earned a consensus rating of “Moderate Buy” from the sixteen brokerages that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, four have issued a buy rating and three have issued a strong buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $91.1429.

A number of analysts have recently commented on the company. Bank of America lifted their target price on 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 Zillow Group to a “strong-buy” rating in a research report on Friday, October 3rd. JPMorgan Chase & Co. boosted their price objective on Zillow Group from $94.00 to $95.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Sanford C. Bernstein upgraded shares of Zillow Group from a “market perform” rating to an “outperform” rating and set a $105.00 target price on the stock in a research report on Wednesday, September 17th. Finally, Mizuho raised shares of Zillow Group to a “strong-buy” rating in a report on Monday, September 29th.

Insiders Place Their Bets

In other news, CFO Jeremy Hofmann sold 7,865 shares of the stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $69.53, for a total transaction of $546,853.45. Following the completion of the sale, the chief financial officer owned 70,811 shares in the company, valued at approximately $4,923,488.83. This represents a 10.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Errol G. Samuelson sold 7,641 shares of the business’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $71.13, for a total value of $543,504.33. Following the completion of the transaction, the insider owned 120,815 shares in the company, valued at $8,593,570.95. This trade represents a 5.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 144,219 shares of company stock valued at $11,730,526. 25.03% of the stock is owned by insiders.

Institutional Trading of Zillow Group

Several hedge funds have recently modified their holdings of Z. Vanguard Group Inc. grew its holdings in Zillow Group by 0.3% during the third quarter. Vanguard Group Inc. now owns 23,073,862 shares of the financial services provider’s stock worth $1,777,841,000 after acquiring an additional 71,336 shares during the period. Independent Franchise Partners LLP boosted its position in shares of Zillow Group by 2.5% during the 1st quarter. Independent Franchise Partners LLP now owns 11,153,697 shares of the financial services provider’s stock worth $764,697,000 after purchasing an additional 271,084 shares in the last quarter. Capital World Investors grew its stake in shares of Zillow Group by 7.8% during the 3rd quarter. Capital World Investors now owns 10,635,008 shares of the financial services provider’s stock worth $819,427,000 after purchasing an additional 769,944 shares during the period. Ninety One UK Ltd increased its holdings in shares of Zillow Group by 2.0% in the 3rd quarter. Ninety One UK Ltd now owns 4,825,287 shares of the financial services provider’s stock valued at $371,788,000 after purchasing an additional 93,339 shares in the last quarter. Finally, Eminence Capital LP increased its holdings in shares of Zillow Group by 63.6% in the 2nd quarter. Eminence Capital LP now owns 3,978,731 shares of the financial services provider’s stock valued at $278,710,000 after purchasing an additional 1,546,577 shares in the last quarter. 71.01% of the stock is owned by institutional investors and hedge funds.

Zillow Group Trading Down 0.4%

Shares of NASDAQ:Z opened at $74.18 on Wednesday. The firm has a 50 day simple moving average of $73.82 and a 200-day simple moving average of $75.87. Zillow Group has a twelve month low of $57.51 and a twelve month high of $93.88. The company has a market capitalization of $17.95 billion, a PE ratio of -529.78, a P/E/G ratio of 29.27 and a beta of 2.10.

Zillow Group (NASDAQ:Z) last announced its quarterly earnings results on Thursday, October 30th. The financial services provider 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 0.56% and a negative net margin of 1.29%.The company had revenue of $729.00 million for the quarter, compared to analyst estimates of $670.28 million. Zillow Group has set its Q4 2025 guidance at EPS. As a group, equities research analysts predict that Zillow Group will post 0.32 EPS for the current fiscal year.

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.