Janus Henderson Group PLC Sells 641,277 Shares of Zillow Group, Inc. $Z

Janus Henderson Group PLC cut its stake in shares of Zillow Group, Inc. (NASDAQ:Z) by 97.5% during the 1st quarter, Holdings Channel reports. The institutional investor owned 16,191 shares of the financial services provider’s stock after selling 641,277 shares during the quarter. Janus Henderson Group PLC’s holdings in Zillow Group were worth $670,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. V Square Quantitative Management LLC acquired a new stake in shares of Zillow Group in the fourth quarter valued at about $28,000. Flagship Harbor Advisors LLC bought a new stake in Zillow Group in the fourth quarter valued at approximately $43,000. Leonteq Securities AG boosted its holdings in Zillow Group by 627.0% in the first quarter. Leonteq Securities AG now owns 1,345 shares of the financial services provider’s stock valued at $56,000 after acquiring an additional 1,160 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in Zillow Group by 283.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,414 shares of the financial services provider’s stock valued at $59,000 after purchasing an additional 1,045 shares during the period. Finally, IFC & Insurance Marketing Inc. acquired a new stake in Zillow Group during the 4th quarter valued at approximately $68,000. Institutional investors own 71.01% of the company’s stock.

Insider Buying and Selling at Zillow Group

In other Zillow Group news, insider Dan Spaulding sold 3,078 shares of the business’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $37.40, for a total value of $115,117.20. Following the transaction, the insider owned 49,696 shares of the company’s stock, valued at approximately $1,858,630.40. The trade was a 5.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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, Director Erik C. Blachford sold 791 shares of the company’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $34.80, for a total value of $27,526.80. Following the completion of the transaction, the director owned 34,952 shares of the company’s stock, valued at $1,216,329.60. This trade represents a 2.21% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 42,910 shares of company stock valued at $1,605,732 in the last ninety days. 23.76% of the stock is owned by corporate insiders.

More Zillow Group News

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

• Negative Sentiment: Several law firms reminded Zillow investors that August 10 is the deadline to seek lead-plaintiff status in a securities class action covering purchases of Zillow Class A or Class C shares from February 11, 2025, through May 7, 2026. The lawsuit alleges violations of federal securities laws; the allegations have not been proven, and the notices do not represent a new operating or financial charge. Faruqi class action deadline notice DJS Law Group lawsuit notice
• Negative Sentiment: Keefe, Bruyette & Woods reduced its Zillow price target to $34, roughly in line with the stock’s current trading area. The cut signals weaker expected upside and adds to recent caution from Sanford C. Bernstein and Evercore, both of which downgraded the shares to “Hold.” Keefe, Bruyette & Woods price-target reduction
• Negative Sentiment: A report said Zillow warned that the housing market may have peaked for 2026. Such a view could weigh on expectations for housing transactions, listings and demand for Zillow’s advertising and related services. Zillow housing-market outlook

Analyst Ratings Changes

Z has been the topic of a number of recent analyst reports. Jefferies Financial Group dropped their price target on shares of Zillow Group from $75.00 to $60.00 and set a “buy” rating on the stock in a research report on Tuesday, July 14th. Weiss Ratings cut shares of Zillow Group from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 22nd. Morgan Stanley set a $60.00 target price on shares of Zillow Group in a research note on Thursday. Zacks Research lowered shares of Zillow Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Finally, Evercore cut shares of Zillow Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $68.50.

Zillow Group Stock Performance

NASDAQ:Z opened at $33.75 on Tuesday. Zillow Group, Inc. has a 52 week low of $29.23 and a 52 week high of $93.88. The firm has a 50-day moving average price of $33.00 and a two-hundred day moving average price of $41.12. The firm has a market cap of $7.72 billion, a price-to-earnings ratio of 153.42, a price-to-earnings-growth ratio of 1.44 and a beta of 1.98.

Zillow Group (NASDAQ:Z) last announced its earnings results on Wednesday, August 5th. The financial services provider reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.07. The firm had revenue of $772.00 million for the quarter, compared to the consensus estimate of $758.10 million. Zillow Group had a return on equity of 2.32% and a net margin of 1.96%. As a group, sell-side analysts forecast that Zillow Group, Inc. will post 0.9 earnings per share 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.