News stories about Zillow Group (NASDAQ:Z) have been trending positive on Saturday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Zillow Group earned a news impact score of 0.42 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.4611766781086 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media headlines that may have effected Accern’s rankings:
A number of analysts have weighed in on Z shares. Deutsche Bank upped their target price on Zillow Group to $50.00 and gave the stock a “neutral” rating in a report on Monday, August 7th. BidaskClub lowered Zillow Group from a “hold” rating to a “sell” rating in a report on Wednesday, September 6th. Benchmark restated a “buy” rating and set a $55.00 target price on shares of Zillow Group in a report on Thursday, October 5th. Finally, Canaccord Genuity upped their target price on Zillow Group from $52.00 to $53.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. Zillow Group currently has an average rating of “Hold” and a consensus price target of $47.44.
Zillow Group (NASDAQ:Z) opened at $40.81 on Friday. 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 has a 52 week low of $32.56 and a 52 week high of $51.23.
In other Zillow Group news, CTO David A. Beitel sold 57,189 shares of the stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $39.34, for a total transaction of $2,249,815.26. Following the sale, the chief technology officer now directly owns 5,977 shares of the company’s stock, valued at approximately $235,135.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Spencer M. Rascoff sold 141,500 shares of the stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $39.54, for a total value of $5,594,910.00. Following the sale, the chief executive officer now directly owns 73,279 shares in the company, valued at $2,897,451.66. The disclosure for this sale can be found here. Insiders have sold a total of 536,094 shares of company stock worth $21,565,055 over the last ninety days. 21.72% of the stock is owned by insiders.
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About Zillow Group
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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