Press coverage about Zillow Group (NASDAQ:Z) has trended positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Zillow Group earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 46.1921370912478 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
Zillow Group (NASDAQ:Z) remained flat at $$44.53 during mid-day trading on Friday. The company had a trading volume of 1,215,503 shares, compared to its average volume of 639,151. 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 has a one year low of $32.56 and a one year high of $51.23.
Z has been the subject of several recent analyst reports. BidaskClub lowered shares of Zillow Group from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. Canaccord Genuity raised their price target on shares of Zillow Group from $52.00 to $53.00 and gave the stock a “buy” rating in a research report on Wednesday, November 8th. Benchmark restated a “buy” rating and issued a $55.00 price target on shares of Zillow Group in a research report on Thursday, October 5th. Finally, Morgan Stanley upgraded shares of Zillow Group from an “equal weight” rating to an “overweight” rating and set a $50.00 price objective on the stock in a research report on Wednesday. One research analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $48.81.
In other news, CEO Spencer M. Rascoff sold 58,050 shares of the business’s stock in a transaction on Thursday, January 4th. The shares were sold at an average price of $42.03, for a total value of $2,439,841.50. Following the completion of the sale, the chief executive officer now directly owns 70,050 shares in the company, valued at $2,944,201.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Greg M. Schwartz sold 8,585 shares of the business’s stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $40.50, for a total transaction of $347,692.50. Following the completion of the sale, the insider now owns 8,585 shares of the company’s stock, valued at $347,692.50. The disclosure for this sale can be found here. Insiders sold 678,791 shares of company stock valued at $27,500,334 over the last quarter. Corporate insiders own 21.72% of the company’s stock.
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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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