Zillow Group, Inc. (NASDAQ:Z) CTO David A. Beitel sold 4,666 shares of Zillow Group stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $47.24, for a total transaction of $220,421.84. Following the completion of the sale, the chief technology officer now owns 31,408 shares of the company’s stock, valued at approximately $1,483,713.92. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Zillow Group, Inc. (NASDAQ:Z) opened at $47.57 on Thursday. The company has a quick ratio of 7.11, a current ratio of 7.11 and a debt-to-equity ratio of 0.14. Zillow Group, Inc. has a 1-year low of $32.56 and a 1-year high of $51.23. The company has a market cap of $5,990.00 and a PE ratio of -93.27.
Zillow Group (NASDAQ:Z) last announced its quarterly earnings results on Thursday, February 8th. The financial services provider reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $282.33 million for the quarter. Zillow Group had a negative net margin of 8.77% and a positive return on equity of 0.03%.
Several equities analysts have commented on Z shares. Canaccord Genuity raised their target price on shares of Zillow Group from $52.00 to $53.00 and gave the company a “buy” rating in a report on Wednesday, November 8th. BidaskClub lowered shares of Zillow Group from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. Morgan Stanley raised shares of Zillow Group from an “equal weight” rating to an “overweight” rating and set a $50.00 target price on the stock in a report on Wednesday, January 10th. Finally, Cowen reissued a “hold” rating on shares of Zillow Group in a report on Friday, February 9th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $50.07.
Several institutional investors have recently made changes to their positions in Z. Massey Quick Simon & CO. LLC bought a new stake in shares of Zillow Group during the 3rd quarter valued at approximately $130,000. Advisor Group Inc. grew its holdings in shares of Zillow Group by 574.2% during the 4th quarter. Advisor Group Inc. now owns 3,708 shares of the financial services provider’s stock valued at $152,000 after purchasing an additional 3,158 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Zillow Group by 878.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,152 shares of the financial services provider’s stock valued at $154,000 after purchasing an additional 2,830 shares during the last quarter. Toronto Dominion Bank grew its holdings in shares of Zillow Group by 246.7% during the 3rd quarter. Toronto Dominion Bank now owns 4,417 shares of the financial services provider’s stock valued at $178,000 after purchasing an additional 3,143 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of Zillow Group during the 4th quarter valued at approximately $202,000. 58.11% of the stock is currently owned by institutional investors.
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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.
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