Zillow Group, Inc. (NASDAQ:Z) CTO David A. Beitel sold 63,750 shares of the company’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $41.16, for a total transaction of $2,623,950.00. Following the completion of the sale, the chief technology officer now directly owns 31,901 shares in the company, valued at $1,313,045.16. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Zillow Group, Inc. (Z) opened at $40.94 on Tuesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 6.44 and a quick ratio of 6.44. Zillow Group, Inc. has a twelve month low of $32.56 and a twelve month high of $51.23.
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A number of analysts recently issued reports on Z shares. Canaccord Genuity increased their price target on shares of Zillow Group from $52.00 to $53.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th. Benchmark Co. reissued a “buy” rating and set a $55.00 price target on shares of Zillow Group in a report on Thursday, October 5th. BidaskClub raised shares of Zillow Group from a “sell” rating to a “hold” rating in a report on Monday, September 18th. Finally, Deutsche Bank AG increased their price target on shares of Zillow Group to $50.00 and gave the stock a “neutral” rating in a report on Monday, August 7th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $47.44.
Institutional investors and hedge funds have recently bought and sold shares of the business. Rhumbline Advisers lifted its holdings in Zillow Group by 1.0% during the second quarter. Rhumbline Advisers now owns 113,564 shares of the financial services provider’s stock valued at $5,566,000 after purchasing an additional 1,171 shares in the last quarter. Nomura Holdings Inc. raised its position in shares of Zillow Group by 3.0% in the second quarter. Nomura Holdings Inc. now owns 169,297 shares of the financial services provider’s stock valued at $8,279,000 after buying an additional 4,883 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its position in shares of Zillow Group by 7.0% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 412,250 shares of the financial services provider’s stock valued at $20,204,000 after buying an additional 26,995 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of Zillow Group by 5.8% in the first quarter. Principal Financial Group Inc. now owns 10,971 shares of the financial services provider’s stock valued at $369,000 after buying an additional 597 shares during the last quarter. Finally, Baillie Gifford & Co. raised its position in shares of Zillow Group by 4.1% in the second quarter. Baillie Gifford & Co. now owns 3,933,489 shares of the financial services provider’s stock valued at $192,781,000 after buying an additional 154,042 shares during the last quarter. 86.13% of the stock is currently owned by institutional investors and hedge funds.
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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