Teza Capital Management LLC Has $2.86 Million Position in Zillow Group, Inc. (NASDAQ:Z)

Teza Capital Management LLC lifted its position in shares of Zillow Group, Inc. (NASDAQ:Z) by 66.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,609 shares of the financial services provider’s stock after buying an additional 15,397 shares during the period. Teza Capital Management LLC’s holdings in Zillow Group were worth $2,859,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Snowden Capital Advisors LLC acquired a new position in Zillow Group during the fourth quarter valued at approximately $249,000. Shellback Capital LP acquired a new position in Zillow Group during the fourth quarter valued at approximately $1,851,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Zillow Group during the fourth quarter valued at approximately $449,000. Point72 Hong Kong Ltd acquired a new position in Zillow Group during the fourth quarter valued at approximately $119,000. Finally, Polar Capital Holdings Plc acquired a new position in Zillow Group during the fourth quarter valued at approximately $33,504,000. 71.01% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Zillow Group news, insider Errol G. Samuelson sold 2,854 shares of Zillow Group stock in a transaction dated Wednesday, March 26th. The stock was sold at an average price of $73.34, for a total transaction of $209,312.36. Following the transaction, the insider now directly owns 142,636 shares of the company’s stock, valued at approximately $10,460,924.24. The trade was a 1.96% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Bradley D. Owens sold 1,154 shares of the business’s stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $68.74, for a total value of $79,325.96. Following the completion of the transaction, the general counsel now directly owns 50,681 shares in the company, valued at $3,483,811.94. This represents a 2.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 157,741 shares of company stock worth $11,414,034 in the last 90 days. Insiders own 25.03% of the company’s stock.

Analyst Ratings Changes

Z has been the subject of a number of recent analyst reports. Wedbush reaffirmed an “outperform” rating and issued a $100.00 price objective on shares of Zillow Group in a research report on Monday, May 5th. Keefe, Bruyette & Woods cut their price objective on Zillow Group from $80.00 to $76.00 and set a “market perform” rating for the company in a research report on Wednesday, May 7th. William Blair initiated coverage on Zillow Group in a research report on Monday, April 21st. They issued a “market perform” rating for the company. Wells Fargo & Company raised Zillow Group to a “hold” rating in a research report on Monday, April 28th. Finally, KeyCorp raised Zillow Group from a “hold” rating to a “strong-buy” rating in a research report on Sunday, February 2nd. Eight investment analysts have rated the stock with a hold rating, four have given a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $83.71.

Zillow Group Stock Up 2.3%

Shares of Z stock opened at $69.81 on Friday. The firm has a market capitalization of $16.93 billion, a P/E ratio of -148.53, a P/E/G ratio of 9.24 and a beta of 2.23. Zillow Group, Inc. has a twelve month low of $39.05 and a twelve month high of $89.39. The stock’s fifty day simple moving average is $67.29 and its 200 day simple moving average is $73.91.

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.