Persistent Asset Partners Ltd Invests $215,000 in Zillow Group, Inc. $Z

Persistent Asset Partners Ltd acquired a new position in Zillow Group, Inc. (NASDAQ:Z) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 3,071 shares of the financial services provider’s stock, valued at approximately $215,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. IFP Advisors Inc boosted its stake in shares of Zillow Group by 288.9% in the first quarter. IFP Advisors Inc now owns 455 shares of the financial services provider’s stock valued at $31,000 after buying an additional 338 shares during the period. TD Private Client Wealth LLC raised its holdings in Zillow Group by 352.0% in the 2nd quarter. TD Private Client Wealth LLC now owns 452 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 352 shares in the last quarter. SBI Securities Co. Ltd. raised its holdings in Zillow Group by 58.2% in the 2nd quarter. SBI Securities Co. Ltd. now owns 503 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 185 shares in the last quarter. National Pension Service lifted its position in shares of Zillow Group by 74.8% during the 1st quarter. National Pension Service now owns 577 shares of the financial services provider’s stock valued at $40,000 after acquiring an additional 247 shares during the period. Finally, Strategic Investment Solutions Inc. IL acquired a new stake in shares of Zillow Group during the 1st quarter worth $49,000. Institutional investors and hedge funds own 71.01% of the company’s stock.

Wall Street Analyst Weigh In

Z has been the subject of a number of analyst reports. Sanford C. Bernstein raised Zillow Group from a “market perform” rating to an “outperform” rating and set a $105.00 price target for the company in a research note on Wednesday, September 17th. Gordon Haskett upgraded shares of Zillow Group to a “strong-buy” rating in a research report on Friday, October 3rd. Mizuho raised shares of Zillow Group to a “strong-buy” rating in a report on Monday, September 29th. Weiss Ratings reissued a “sell (d-)” rating on shares of Zillow Group in a research note on Wednesday, October 8th. Finally, Oppenheimer started coverage on shares of Zillow Group in a research report on Monday, October 6th. They set a “market perform” rating for the company. Three research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Zillow Group has a consensus rating of “Moderate Buy” and a consensus target price of $91.14.

Insider Buying and Selling at Zillow Group

In other news, CFO Jeremy Hofmann sold 7,865 shares of Zillow Group stock in a transaction on Friday, November 14th. The shares were sold at an average price of $69.53, for a total transaction of $546,853.45. Following the transaction, the chief financial officer owned 70,811 shares in the company, valued at approximately $4,923,488.83. The trade was a 10.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Dan Spaulding sold 5,455 shares of the business’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $69.40, for a total transaction of $378,577.00. Following the completion of the sale, the insider directly owned 50,342 shares in the company, valued at approximately $3,493,734.80. This represents a 9.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 141,497 shares of company stock worth $11,547,036 over the last quarter. Insiders own 25.03% of the company’s stock.

Zillow Group Stock Down 2.2%

Shares of Z stock opened at $68.80 on Friday. Zillow Group, Inc. has a twelve month low of $57.51 and a twelve month high of $93.88. The stock’s fifty day simple moving average is $77.25 and its 200 day simple moving average is $75.72. The firm has a market capitalization of $16.65 billion, a P/E ratio of -491.39, a P/E/G ratio of 27.05 and a beta of 2.10.

Zillow Group (NASDAQ:Z) last announced its quarterly earnings results on Thursday, October 30th. The financial services provider reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.02). The firm had revenue of $729.00 million for the quarter, compared to analyst estimates of $670.28 million. Zillow Group had a negative net margin of 1.29% and a negative return on equity of 0.56%. Zillow Group has set its Q4 2025 guidance at EPS. As a group, equities research analysts expect that Zillow Group, Inc. will post 0.32 EPS for the current fiscal year.

Zillow Group Profile

Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.