Zillow Group, Inc. (NASDAQ:Z) CTO David A. Beitel sold 4,666 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $47.24, for a total transaction of $220,421.84. Following the sale, the chief technology officer now directly owns 31,408 shares in the company, valued at $1,483,713.92. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Shares of Zillow Group, Inc. (NASDAQ:Z) opened at $47.57 on Thursday. Zillow Group, Inc. has a 1-year low of $32.56 and a 1-year high of $51.23. The company has a current ratio of 7.11, a quick ratio of 7.11 and a debt-to-equity ratio of 0.14. The firm has a market cap of $5,990.00 and a P/E ratio of -93.27.
Zillow Group (NASDAQ:Z) last posted its earnings results on Thursday, February 8th. The financial services provider reported $0.09 earnings per share for the quarter. Zillow Group had a negative net margin of 8.77% and a positive return on equity of 0.03%. The firm had revenue of $282.33 million for the quarter.
Z has been the topic of a number of research reports. 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 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 analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Zillow Group has a consensus rating of “Buy” and a consensus target price of $50.07.
Several hedge funds and other institutional investors have recently modified their holdings of Z. Massey Quick Simon & CO. LLC acquired a new position in shares of Zillow Group in the 3rd quarter worth approximately $130,000. Advisor Group Inc. lifted its position in shares of Zillow Group by 574.2% in the 4th quarter. Advisor Group Inc. now owns 3,708 shares of the financial services provider’s stock worth $152,000 after purchasing an additional 3,158 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Zillow Group by 878.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,152 shares of the financial services provider’s stock worth $154,000 after purchasing an additional 2,830 shares during the period. Toronto Dominion Bank lifted its position in shares of Zillow Group by 246.7% in the 3rd quarter. Toronto Dominion Bank now owns 4,417 shares of the financial services provider’s stock worth $178,000 after purchasing an additional 3,143 shares during the period. Finally, Virtu Financial LLC acquired a new position in shares of Zillow Group in the 4th quarter worth approximately $202,000. Hedge funds and other institutional investors own 58.11% of the company’s stock.
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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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