Korea Investment CORP Has $9.20 Million Stock Position in Zillow Group, Inc. $Z

Korea Investment CORP boosted its position in shares of Zillow Group, Inc. (NASDAQ:Z) by 41.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 131,279 shares of the financial services provider’s stock after purchasing an additional 38,628 shares during the period. Korea Investment CORP’s holdings in Zillow Group were worth $9,196,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in Z. TD Private Client Wealth LLC increased its holdings in shares of Zillow Group by 352.0% during the second quarter. TD Private Client Wealth LLC now owns 452 shares of the financial services provider’s stock worth $32,000 after buying an additional 352 shares in the last quarter. SBI Securities Co. Ltd. boosted its holdings in shares of Zillow Group by 58.2% in the 2nd quarter. SBI Securities Co. Ltd. now owns 503 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 185 shares in the last quarter. National Pension Service grew its position in Zillow Group by 74.8% during the 1st quarter. National Pension Service now owns 577 shares of the financial services provider’s stock worth $40,000 after acquiring an additional 247 shares during the last quarter. Strategic Investment Solutions Inc. IL bought a new stake in Zillow Group during the 1st quarter worth approximately $49,000. Finally, Farther Finance Advisors LLC increased its holdings in Zillow Group by 25.1% during the 2nd quarter. Farther Finance Advisors LLC now owns 792 shares of the financial services provider’s stock valued at $55,000 after purchasing an additional 159 shares in the last quarter. 71.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on Z shares. JPMorgan Chase & Co. boosted their price objective on Zillow Group from $94.00 to $95.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Oppenheimer initiated coverage on Zillow Group in a report on Monday, October 6th. They issued a “market perform” rating for the company. 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 report on Monday, November 3rd. Mizuho raised shares of Zillow Group to a “strong-buy” rating in a report on Monday, September 29th. Finally, Gordon Haskett upgraded shares of Zillow Group to a “strong-buy” rating in a research report on Friday, October 3rd. 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 stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $91.14.

Zillow Group Stock Down 0.4%

Zillow Group stock opened at $74.18 on Monday. The business’s 50-day simple moving average is $73.82 and its 200 day simple moving average is $75.97. The stock has a market cap of $17.95 billion, a price-to-earnings ratio of -529.78, a P/E/G ratio of 29.25 and a beta of 2.10. Zillow Group, Inc. has a 12-month low of $57.51 and a 12-month high of $93.88.

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

Insider Buying and Selling at Zillow Group

In related news, CEO Jeremy Wacksman sold 10,855 shares of the stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $69.99, for a total value of $759,741.45. Following the transaction, the chief executive officer directly owned 134,712 shares in the company, valued at $9,428,492.88. This represents a 7.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Dan Spaulding sold 5,455 shares of Zillow Group 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 sale, the insider directly owned 50,342 shares of the company’s stock, valued at $3,493,734.80. This represents a 9.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 144,219 shares of company stock valued at $11,730,526 over the last 90 days. Company insiders own 23.76% of the company’s stock.

About Zillow Group

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.