Jeremy Hofmann Sells 3,671 Shares of Zillow Group (NASDAQ:Z) Stock

Zillow Group, Inc. (NASDAQ:Z) CFO Jeremy Hofmann sold 3,671 shares of the stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $37.93, for a total transaction of $139,241.03. Following the transaction, the chief financial officer owned 73,816 shares of the company’s stock, valued at approximately $2,799,840.88. The trade was a 4.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Jeremy Hofmann also recently made the following trade(s):

• On Monday, May 18th, Jeremy Hofmann sold 5,501 shares of Zillow Group stock. The stock was sold at an average price of $37.40, for a total transaction of $205,737.40.
• On Wednesday, February 18th, Jeremy Hofmann sold 7,786 shares of Zillow Group stock. The shares were sold at an average price of $43.73, for a total transaction of $340,481.78.

Zillow Group Stock Down 3.1%

Shares of Z stock opened at $36.00 on Wednesday. The company has a 50 day moving average of $42.59 and a 200-day moving average of $56.60. Zillow Group, Inc. has a 12-month low of $35.76 and a 12-month high of $93.88. The firm has a market cap of $8.24 billion, a P/E ratio of 144.00, a PEG ratio of 1.59 and a beta of 2.07.

Zillow Group (NASDAQ:Z) last posted its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.10. Zillow Group had a net margin of 2.27% and a return on equity of 1.41%. The company had revenue of $708.00 million for the quarter, compared to analysts’ expectations of $705.10 million. As a group, equities analysts expect that Zillow Group, Inc. will post 0.9 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on Z shares. JPMorgan Chase & Co. decreased their price objective on Zillow Group from $84.00 to $76.00 and set an “overweight” rating for the company in a report on Thursday, May 7th. Zacks Research raised shares of Zillow Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 6th. Barclays upgraded shares of Zillow Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 29th. Keefe, Bruyette & Woods lowered their price target on shares of Zillow Group from $60.00 to $50.00 and set a “market perform” rating on the stock in a research report on Thursday, May 7th. Finally, Zelman & Associates raised shares of Zillow Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 12th. Three investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Zillow Group currently has an average rating of “Moderate Buy” and a consensus target price of $79.75.

Key Headlines Impacting Zillow Group

Here are the key news stories impacting Zillow Group this week:

• Negative Sentiment: Zillow is facing fresh scrutiny over its listing-data advantage, with reports that a legal clash in Chicago and a separate antitrust trial could challenge the company’s transparency model and its ability to keep securing timely property data. Article: Zillow Legal Clash Over Chicago Listings Tests Core Data Advantage
• Negative Sentiment: MRED warned of a potential disruption to listing data feeds sent to Zillow, which could hurt the freshness and completeness of inventory on its platform and weaken traffic, lead generation, and user engagement. Article: MRED Announces Potential Disruption to Listing Data Feeds to Zillow Group
• Negative Sentiment: Investor- and law-firm-led investigations into possible misleading disclosures are adding legal overhang, which can weigh on sentiment even before any formal claims are filed. Article: INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Zillow Group, Inc. – Z
• Negative Sentiment: Recent insider share sales by CFO Jeremy Hofmann and insider Dan Spaulding may be viewed cautiously by investors, even though the transactions were reportedly made under pre-arranged 10b5-1 plans and for tax withholding.
• Positive Sentiment: Zillow also highlighted Providence as the hottest rental market for summer 2026, which keeps the company’s housing data brand visible and underscores the relevance of its analytics platform. Article: Summer 2026’s hottest rental market? Zillow says Providence

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Jain Global LLC purchased a new position in Zillow Group during the third quarter valued at approximately $6,220,000. Rakuten Investment Management Inc. purchased a new stake in Zillow Group in the 3rd quarter worth approximately $2,919,000. Coronation Fund Managers Ltd. purchased a new stake in Zillow Group in the 3rd quarter worth approximately $18,141,000. Y Intercept Hong Kong Ltd boosted its holdings in Zillow Group by 63.1% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 85,210 shares of the financial services provider’s stock valued at $6,565,000 after purchasing an additional 32,975 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in Zillow Group by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 23,073,862 shares of the financial services provider’s stock valued at $1,777,841,000 after purchasing an additional 71,336 shares during the period. Institutional investors own 71.01% of the company’s stock.

About Zillow Group

Zillow Group, Inc is an online real estate marketplace company that operates a portfolio of consumer-facing websites and mobile apps designed to connect buyers, sellers, renters, homeowners and real estate professionals. The company’s platforms aggregate property listings, rental listings, and related information to help users search for homes, estimate property values and connect with agents and service providers. Zillow generates revenue primarily through advertising and lead-generation services for real estate professionals, property managers and mortgage lenders.

Key products and services include the Zillow and Trulia consumer websites and apps, which provide searchable listings, photos, neighborhood data and the company’s automated home valuation tool known as the “Zestimate.” Zillow also offers a rentals marketplace, a mortgage marketplace and tools for home buying and selling such as Zillow Premier Agent for agent advertising and leads, as well as ancillary services designed to support transactions, including closing and title-related offerings.