Independent Franchise Partners LLP Increases Stock Position in Zillow Group, Inc. $Z

Independent Franchise Partners LLP increased its holdings in Zillow Group, Inc. (NASDAQ:Z) by 0.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,953,405 shares of the financial services provider’s stock after buying an additional 94,569 shares during the quarter. Zillow Group accounts for about 4.8% of Independent Franchise Partners LLP’s investment portfolio, making the stock its 11th largest position. Independent Franchise Partners LLP’s holdings in Zillow Group were worth $747,241,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Lansforsakringar Fondforvaltning AB publ boosted its holdings in shares of Zillow Group by 0.3% in the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 48,575 shares of the financial services provider’s stock worth $3,743,000 after buying an additional 144 shares during the last quarter. Doliver Advisors LP boosted its holdings in shares of Zillow Group by 1.8% in the fourth quarter. Doliver Advisors LP now owns 9,687 shares of the financial services provider’s stock worth $661,000 after buying an additional 171 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Zillow Group by 4.7% in the first quarter. Empowered Funds LLC now owns 3,822 shares of the financial services provider’s stock worth $262,000 after buying an additional 171 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Zillow Group by 21.4% in the fourth quarter. GAMMA Investing LLC now owns 1,186 shares of the financial services provider’s stock worth $81,000 after buying an additional 209 shares during the last quarter. Finally, CIBC Asset Management Inc boosted its holdings in shares of Zillow Group by 3.0% in the fourth quarter. CIBC Asset Management Inc now owns 7,550 shares of the financial services provider’s stock worth $515,000 after buying an additional 220 shares during the last quarter. Hedge funds and other institutional investors own 71.01% of the company’s stock.

Trending Headlines about 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

Insider Activity

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 value of $205,737.40. Following the sale, the chief financial officer owned 68,315 shares in the company, valued at approximately $2,554,981. The trade was a 7.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 stock was sold at an average price of $36.54, for a total transaction of $331,490.88. Following the completion of the sale, the chief executive officer owned 153,699 shares in the company, valued at $5,616,161.46. This represents a 5.57% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 42,910 shares of company stock valued at $1,605,732. Company insiders own 25.03% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Zacks Research downgraded shares of Zillow Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 4th. 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 report on Thursday, May 7th. Wall Street Zen raised shares of Zillow Group from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. lowered their price target on shares of Zillow Group from $84.00 to $76.00 and set an “overweight” rating on the stock in a report on Thursday, May 7th. Finally, UBS Group lowered their price target on shares of Zillow Group from $80.00 to $75.00 and set a “buy” rating on the stock in a report on Tuesday, April 28th. Two investment 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 issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $76.00.

Zillow Group Price Performance

Zillow Group stock opened at $32.01 on Thursday. The stock has a market cap of $7.32 billion, a P/E ratio of 128.04, a PEG ratio of 1.42 and a beta of 1.97. Zillow Group, Inc. has a 1 year low of $31.49 and a 1 year high of $93.88. The firm’s 50 day moving average price is $39.20 and its 200-day moving average price is $51.15.

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

Zillow Group Company 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.