Creative Planning Raises Stock Position in Zillow Group, Inc. $Z

Creative Planning raised its position in Zillow Group, Inc. (NASDAQ:Z) by 4.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,380 shares of the financial services provider’s stock after purchasing an additional 860 shares during the quarter. Creative Planning’s holdings in Zillow Group were worth $1,428,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Zillow Group by 7.8% in the first quarter. Vanguard Group Inc. now owns 22,589,955 shares of the financial services provider’s stock valued at $1,548,767,000 after acquiring an additional 1,628,577 shares during the last quarter. Independent Franchise Partners LLP raised its position in Zillow Group by 2.5% in the first quarter. Independent Franchise Partners LLP now owns 11,153,697 shares of the financial services provider’s stock valued at $764,697,000 after purchasing an additional 271,084 shares during the period. Ninety One UK Ltd lifted its stake in shares of Zillow Group by 17.4% in the 2nd quarter. Ninety One UK Ltd now owns 4,731,948 shares of the financial services provider’s stock valued at $331,473,000 after purchasing an additional 702,445 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Zillow Group by 2.3% during the 2nd quarter. Geode Capital Management LLC now owns 3,142,403 shares of the financial services provider’s stock worth $219,467,000 after purchasing an additional 69,630 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Zillow Group by 3.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,584,537 shares of the financial services provider’s stock worth $108,636,000 after purchasing an additional 45,828 shares during the last quarter. Institutional investors and hedge funds own 71.01% of the company’s stock.

Zillow Group Trading Up 0.5%

Zillow Group stock opened at $74.44 on Friday. The firm has a market capitalization of $18.02 billion, a P/E ratio of -531.68, a P/E/G ratio of 29.27 and a beta of 2.10. 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 $74.07 and its 200-day simple moving average is $75.85.

Zillow Group (NASDAQ:Z) last released its earnings results on Thursday, October 30th. The financial services provider reported $0.44 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.02). The company had revenue of $729.00 million for the quarter, compared to analyst estimates of $670.28 million. Zillow Group had a negative return on equity of 0.56% and a negative net margin of 1.29%. Zillow Group has set its Q4 2025 guidance at EPS. Sell-side analysts predict that Zillow Group, Inc. will post 0.32 earnings per share for the current year.

Analyst Ratings Changes

Several analysts recently issued reports on Z shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zillow Group in a research report on Wednesday, October 8th. Keefe, Bruyette & Woods reduced their price target on shares of Zillow Group from $85.00 to $80.00 and set a “market perform” rating on the stock in a research note on Monday, November 3rd. Bank of America lifted their target price on shares of Zillow Group from $81.00 to $88.00 and gave the company a “neutral” rating in a report on Thursday, August 7th. Sanford C. Bernstein upgraded Zillow Group from a “market perform” rating to an “outperform” rating and set a $105.00 price target on the stock in a research note on Wednesday, September 17th. Finally, JPMorgan Chase & Co. raised their price target on Zillow Group from $94.00 to $95.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Three research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $91.14.

Insider Activity

In other Zillow Group news, CFO Jeremy Hofmann sold 7,865 shares of the stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $69.53, for a total value of $546,853.45. Following the sale, the chief financial officer directly owned 70,811 shares of the company’s stock, valued at approximately $4,923,488.83. This represents a 10.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Dan Spaulding sold 5,455 shares of the firm’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $69.40, for a total transaction of $378,577.00. Following the completion of the sale, the insider owned 50,342 shares in the company, valued at $3,493,734.80. The trade was a 9.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 144,219 shares of company stock valued at $11,730,526. 25.03% of the stock is owned by corporate insiders.

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.