32,630 Shares in Zillow Group, Inc. $Z Purchased by SEB Asset Management AB

SEB Asset Management AB acquired a new position in shares of Zillow Group, Inc. (NASDAQ:Z) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 32,630 shares of the financial services provider’s stock, valued at approximately $1,350,000.

Several other hedge funds have also recently bought and sold shares of Z. Assenagon Asset Management S.A. grew its position in shares of Zillow Group by 228.4% during the fourth quarter. Assenagon Asset Management S.A. now owns 470,288 shares of the financial services provider’s stock worth $32,083,000 after acquiring an additional 327,076 shares during the last quarter. Baillie Gifford & Co. raised its position in Zillow Group by 11.4% in the 4th quarter. Baillie Gifford & Co. now owns 739,270 shares of the financial services provider’s stock valued at $50,433,000 after purchasing an additional 75,682 shares during the last quarter. SG Americas Securities LLC raised its position in Zillow Group by 472.1% in the 4th quarter. SG Americas Securities LLC now owns 245,205 shares of the financial services provider’s stock valued at $16,728,000 after purchasing an additional 202,343 shares during the last quarter. IFP Advisors Inc boosted its stake in Zillow Group by 17,458.4% during the 4th quarter. IFP Advisors Inc now owns 73,921 shares of the financial services provider’s stock worth $5,043,000 after purchasing an additional 73,500 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its stake in Zillow Group by 76.4% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 411,197 shares of the financial services provider’s stock worth $28,052,000 after purchasing an additional 178,118 shares during the period. 71.01% of the stock is owned by institutional investors.

Zillow Group Trading Down 5.7%

Shares of Zillow Group stock opened at $29.58 on Friday. The company has a 50-day moving average of $33.58 and a two-hundred day moving average of $44.00. The stock has a market cap of $6.77 billion, a PE ratio of 118.32, a price-to-earnings-growth ratio of 1.34 and a beta of 1.98. Zillow Group, Inc. has a 12-month low of $29.23 and a 12-month high of $93.88.

Zillow Group (NASDAQ:Z) last released its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.10. Zillow Group had a return on equity of 1.41% and a net margin of 2.27%.The business had revenue of $708.00 million for the quarter, compared to analysts’ expectations of $705.10 million. On average, sell-side analysts forecast that Zillow Group, Inc. will post 0.9 EPS for the current fiscal year.

Analyst Ratings Changes

Z has been the topic of a number of recent research reports. 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. Keefe, Bruyette & Woods decreased their target price on shares of Zillow Group from $50.00 to $37.00 and set a “market perform” rating for the company in a research note on Monday, July 13th. Zacks Research raised Zillow Group from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th. JPMorgan Chase & Co. dropped their price target on Zillow Group from $84.00 to $76.00 and set an “overweight” rating on the stock in a research report on Thursday, May 7th. Finally, UBS Group reduced their price objective on Zillow Group from $80.00 to $75.00 and set a “buy” rating for the company in a research note on Tuesday, April 28th. Three research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Zillow Group presently has an average rating of “Moderate Buy” and a consensus target price of $72.38.

Key Stories Impacting Zillow Group

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

• Positive Sentiment: Zillow’s own rent data showed U.S. asking rents rose 2.2% year over year in June to $1,965, suggesting continued strength in rental pricing trends and demand. Rent is ticking up, but so are the deals
• Neutral Sentiment: Multiple law firms reiterated that investors who bought Zillow shares between February 11, 2025 and May 7, 2026 may be eligible to participate in an already-filed securities class action, with an August 10 lead-plaintiff deadline. ROSEN, THE FIRST FILING FIRM, Encourages Zillow Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – Z, ZG
• Neutral Sentiment: Additional firms published similar investor alerts and lawsuit notices, increasing attention on the litigation but not adding new operational information about the business. Zillow Group, Inc. (Z, ZG) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
• Neutral Sentiment: Other notices repeated the same class-action allegations and deadline reminders, reinforcing the legal overhang around Zillow Group (Z). Zillow Group Securities Fraud Class Action Arising from Alleged Anticompetitive Agreement and Related Regulatory Risks
• Negative Sentiment: The main stock-price headwind is the accumulation of securities-fraud lawsuits and investor reminders, which can weigh on sentiment by raising uncertainty about potential damages, legal costs, and regulatory scrutiny. Z, ZG Court Alert: Zillow Investors Seeking to Recover Losses in Securities Fraud Class Action are Notified to Contact BFA Law before August 10 Deadline

Insider Activity at Zillow Group

In other news, CEO Jeremy Wacksman sold 9,072 shares of Zillow Group 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 transaction, the chief executive officer owned 153,699 shares of the company’s stock, valued at $5,616,161.46. The trade was a 5.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Dan Spaulding sold 3,078 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $37.40, for a total transaction of $115,117.20. Following the completion of the sale, the insider owned 49,696 shares in the company, valued at $1,858,630.40. This represents a 5.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. Insiders sold 42,910 shares of company stock valued at $1,605,732 in the last 90 days. 25.03% of the stock is owned by corporate insiders.

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.