Contour Asset Management LLC Boosts Position in Zillow Group, Inc. $Z

Contour Asset Management LLC boosted its holdings in shares of Zillow Group, Inc. (NASDAQ:Z) by 29.8% during the fourth quarter, HoldingsChannel reports. The fund owned 3,260,474 shares of the financial services provider’s stock after purchasing an additional 747,808 shares during the quarter. Zillow Group comprises 5.2% of Contour Asset Management LLC’s holdings, making the stock its 10th largest position. Contour Asset Management LLC’s holdings in Zillow Group were worth $222,430,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Freestone Grove Partners LP bought a new stake in Zillow Group during the 4th quarter worth approximately $264,000. Caisse de depot et placement du Quebec grew its holdings in Zillow Group by 210.4% during the 4th quarter. Caisse de depot et placement du Quebec now owns 530,094 shares of the financial services provider’s stock worth $36,163,000 after acquiring an additional 359,295 shares during the last quarter. EFG International AG bought a new stake in Zillow Group during the 4th quarter worth approximately $196,000. Park West Asset Management LLC grew its holdings in Zillow Group by 29.4% during the 4th quarter. Park West Asset Management LLC now owns 1,035,000 shares of the financial services provider’s stock worth $70,608,000 after acquiring an additional 235,000 shares during the last quarter. Finally, Laird Norton Wetherby Trust Company LLC bought a new stake in Zillow Group during the 4th quarter worth approximately $659,000. 71.01% of the stock is owned by institutional investors.

Zillow Group Stock Performance

NASDAQ:Z opened at $32.01 on Thursday. The firm’s fifty day moving average is $39.20 and its 200-day moving average is $51.15. Zillow Group, Inc. has a 52 week low of $31.49 and a 52 week high of $93.88. The firm has a market cap of $7.32 billion, a P/E ratio of 128.04, a P/E/G ratio of 1.42 and a beta of 1.97.

Zillow Group (NASDAQ:Z) last posted its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $0.53 EPS for the quarter, beating 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 analyst estimates of $705.10 million. As a group, sell-side analysts anticipate that Zillow Group, Inc. will post 0.9 earnings per share for the current year.

Insider Activity at Zillow Group

In related news, CFO Jeremy Hofmann sold 5,501 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $37.40, for a total transaction of $205,737.40. Following the transaction, the chief financial officer owned 68,315 shares in the company, valued at $2,554,981. The trade was a 7.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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. Also, CEO Jeremy Wacksman sold 9,072 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $36.54, for a total transaction of $331,490.88. Following the transaction, the chief executive officer owned 153,699 shares in the company, valued at $5,616,161.46. The trade was a 5.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 42,910 shares of company stock worth $1,605,732 over the last ninety days. 25.03% of the stock is owned by corporate insiders.

Key Stories Impacting Zillow Group

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

• Negative Sentiment: Multiple law firms announced or promoted securities class action lawsuits against Zillow Group over alleged anticompetitive conduct and alleged violations of federal securities laws, increasing legal and regulatory uncertainty for shareholders. Z, ZG Breaking News: Zillow Sued for Securities Fraud after FTC Lawsuit Leads to 17% Stock Drop
• Negative Sentiment: Several notices highlight an August 10, 2026 deadline for investors who purchased Zillow Class A or Class C shares during the class period to seek lead plaintiff status, keeping the lawsuit in focus and potentially extending pressure on the stock. Deadline Alert: Zillow Group, Inc. (Z, ZG) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
• Neutral Sentiment: Zacks published a positive-style growth-stock note on Zillow, but it appears to be educational commentary rather than a material business update, so its market impact is likely limited. Here’s Why Zillow (Z) is a Strong Growth Stock
• Neutral Sentiment: Zillow also drew a separate consumer-facing article about home value and paint colors, which is not likely to materially move the stock. The retro bedroom color that adds $2,277 to your home’s value, according to Zillow

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Zillow Group from $80.00 to $68.00 and set a “buy” rating on the stock in a report on Friday, May 8th. JPMorgan Chase & Co. reduced their price objective on shares of Zillow Group from $84.00 to $76.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Weiss Ratings lowered shares of Zillow Group from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 22nd. Wall Street Zen raised shares of Zillow Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, Royal Bank Of Canada reduced their price objective on shares of Zillow Group from $95.00 to $70.00 and set an “outperform” rating on the stock in a research note on Wednesday, June 10th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $76.00.

Zillow Group Profile

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.