Zillow Group, Inc. $Z Shares Sold by Swedbank AB

Swedbank AB trimmed its holdings in shares of Zillow Group, Inc. (NASDAQ:Z) by 92.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 9,529 shares of the financial services provider’s stock after selling 110,000 shares during the quarter. Swedbank AB’s holdings in Zillow Group were worth $650,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Pittenger & Anderson Inc. lifted its position in Zillow Group by 32.8% during the third quarter. Pittenger & Anderson Inc. now owns 546 shares of the financial services provider’s stock valued at $42,000 after buying an additional 135 shares in the last quarter. Lansforsakringar Fondforvaltning AB publ grew its holdings in Zillow Group by 0.3% during the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 48,575 shares of the financial services provider’s stock valued at $3,743,000 after purchasing an additional 144 shares in the last quarter. Cullen Frost Bankers Inc. increased its stake in Zillow Group by 58.6% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 441 shares of the financial services provider’s stock worth $34,000 after buying an additional 163 shares during the period. Doliver Advisors LP increased its stake in Zillow Group by 1.8% during the 4th 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 period. Finally, Empowered Funds LLC increased its stake in Zillow Group by 4.7% during the 1st 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 period. 71.01% of the stock is owned by institutional investors and hedge funds.

Zillow Group Price Performance

Z opened at $41.43 on Monday. The stock has a market capitalization of $9.94 billion, a PE ratio of 165.72, a P/E/G ratio of 2.03 and a beta of 2.07. The firm’s fifty day moving average price is $43.70 and its 200 day moving average price is $58.72. Zillow Group, Inc. has a 12-month low of $39.05 and a 12-month high of $93.88.

Zillow Group (NASDAQ:Z) last posted its quarterly earnings results 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%. On average, equities research analysts forecast that Zillow Group, Inc. will post 0.82 earnings per share for the current fiscal year.

Insider Transactions at Zillow Group

In related news, CTO David A. Beitel sold 3,966 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $44.22, for a total value of $175,376.52. Following the sale, the chief technology officer directly owned 136,690 shares of the company’s stock, valued at $6,044,431.80. This represents a 2.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Dan Spaulding sold 5,361 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $43.95, for a total transaction of $235,615.95. Following the completion of the sale, the insider directly owned 41,080 shares in the company, valued at $1,805,466. This represents a 11.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 60,801 shares of company stock valued at $2,683,986 over the last ninety days. 25.03% of the stock is currently owned by corporate insiders.

Key Zillow Group News

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

• Positive Sentiment: Zillow reported Q1 earnings of $0.53 per share, topping estimates, with revenue of $708 million also slightly ahead of expectations. The company also highlighted strong for-sale growth, faster Rentals momentum, and nearly doubled mortgage originations, reinforcing the case that its broader platform strategy is working. Article Title
• Positive Sentiment: Several commentators said Zillow’s earnings power remains intact, pointing to share gains, deeper monetization, and growth in new products such as AI tools, seller services, and pre-marketing initiatives. Article Title
• Positive Sentiment: Zacks Research upgraded Zillow from hold to strong-buy, which can support sentiment by signaling improving analyst confidence in the stock’s outlook. Article Title
• Positive Sentiment: Another bullish take argued that investors are underestimating Zillow’s AI-driven platform transformation and its ability to grow into a more integrated real-estate ecosystem. Article Title
• Neutral Sentiment: JPMorgan and KBW both trimmed price targets, but kept their broader ratings intact. That suggests Wall Street still sees upside, though the lowered targets may cap enthusiasm in the near term. Article Title
• Neutral Sentiment: Zillow’s Q1 report and related coverage also emphasized higher profit, but lower traffic and a mixed housing backdrop, leaving the market focused on whether growth can continue without sacrificing margins. Article Title
• Negative Sentiment: Multiple law firms, including Rosen and Pomerantz, announced or reiterated securities class action investigations tied to alleged misleading business information, adding legal risk and uncertainty for investors. Article Title
• Negative Sentiment: Despite the earnings beat, some market coverage said the stock slipped because Q2 guidance failed to impress, suggesting investors were looking for a stronger forward outlook than Zillow provided. Article Title

Analyst Ratings Changes

Several equities research analysts recently issued reports on Z shares. Keefe, Bruyette & Woods dropped 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 note on Thursday. Weiss Ratings raised shares of Zillow Group from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday. JPMorgan Chase & Co. dropped their price target 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. Barclays raised shares of Zillow Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 29th. Finally, Zelman & Associates raised shares of Zillow Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 12th. Three research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $79.75.

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.