Zillow Group, Inc. (Z) Chairman Richard N. Barton Sells 92,557 Shares

Zillow Group, Inc. (NASDAQ:Z) Chairman Richard N. Barton sold 92,557 shares of the business’s stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $39.72, for a total transaction of $3,676,364.04. Following the sale, the chairman now directly owns 6,358,145 shares in the company, valued at approximately $252,545,519.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Zillow Group, Inc. (NASDAQ:Z) traded up $1.00 during trading hours on Friday, hitting $40.87. 969,200 shares of the stock were exchanged, compared to its average volume of 1,381,246. The company has a current ratio of 6.44, a quick ratio of 6.44 and a debt-to-equity ratio of 0.14. Zillow Group, Inc. has a 52 week low of $32.56 and a 52 week high of $51.23.

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A number of hedge funds have recently added to or reduced their stakes in the stock. D.A. Davidson & CO. lifted its holdings in Zillow Group by 2.1% in the second quarter. D.A. Davidson & CO. now owns 2,817 shares of the financial services provider’s stock valued at $138,000 after buying an additional 57 shares during the period. Public Employees Retirement Association of Colorado increased its stake in Zillow Group by 0.3% in the second quarter. Public Employees Retirement Association of Colorado now owns 22,437 shares of the financial services provider’s stock valued at $1,100,000 after purchasing an additional 58 shares in the last quarter. Lourd Capital LLC increased its stake in Zillow Group by 1.1% in the second quarter. Lourd Capital LLC now owns 8,128 shares of the financial services provider’s stock valued at $398,000 after purchasing an additional 90 shares in the last quarter. Prudential Financial Inc. increased its stake in Zillow Group by 1.6% in the second quarter. Prudential Financial Inc. now owns 6,284 shares of the financial services provider’s stock valued at $308,000 after purchasing an additional 100 shares in the last quarter. Finally, Bank of Montreal Can increased its stake in Zillow Group by 0.4% in the second quarter. Bank of Montreal Can now owns 59,230 shares of the financial services provider’s stock valued at $2,903,000 after purchasing an additional 263 shares in the last quarter. Institutional investors and hedge funds own 86.13% of the company’s stock.

A number of research firms have weighed in on Z. Deutsche Bank AG boosted their target price on shares of Zillow Group to $50.00 and gave the stock a “neutral” rating in a research note on Monday, August 7th. Canaccord Genuity boosted their target price on shares of Zillow Group from $52.00 to $53.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. BidaskClub lowered shares of Zillow Group from a “hold” rating to a “sell” rating in a report on Wednesday. Finally, Benchmark Co. reiterated a “buy” rating and set a $55.00 price target on shares of Zillow Group in a report on Thursday, October 5th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. Zillow Group currently has an average rating of “Hold” and a consensus price target of $47.44.

Zillow Group Company Profile

Zillow Group, Inc operates real estate and home-related information marketplaces on mobile and the Web in the United States. The company offers a portfolio of brands and products to enable people find information about homes and connect with local professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.

Insider Buying and Selling by Quarter for Zillow Group (NASDAQ:Z)

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