Zillow Group (NASDAQ:Z) General Counsel Bradley Owens Sells 2,722 Shares

Zillow Group, Inc. (NASDAQ:Z) General Counsel Bradley Owens sold 2,722 shares of Zillow Group stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $67.41, for a total transaction of $183,490.02. Following the sale, the general counsel owned 37,974 shares in the company, valued at $2,559,827.34. This represents a 6.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Zillow Group Price Performance

Z traded down $1.21 during trading hours on Thursday, reaching $67.01. 3,407,304 shares of the stock traded hands, compared to its average volume of 3,006,541. Zillow Group, Inc. has a fifty-two week low of $57.51 and a fifty-two week high of $93.88. The firm’s fifty day simple moving average is $75.62 and its two-hundred day simple moving average is $75.67.

Zillow Group (NASDAQ:Z) last announced its earnings results 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). The business 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. Equities research analysts expect that Zillow Group, Inc. will post 0.32 EPS for the current fiscal year.

Hedge Funds Weigh In On Zillow Group

A number of hedge funds have recently added to or reduced their stakes in the business. Root Financial Partners LLC acquired a new stake in shares of Zillow Group during the third quarter worth $27,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Zillow Group during the 3rd quarter valued at about $29,000. IFP Advisors Inc raised its stake in Zillow Group by 288.9% during the first quarter. IFP Advisors Inc now owns 455 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 338 shares during the period. TD Private Client Wealth LLC lifted its holdings in Zillow Group by 352.0% in the second quarter. TD Private Client Wealth LLC now owns 452 shares of the financial services provider’s stock worth $32,000 after acquiring an additional 352 shares during the last quarter. Finally, Cullen Frost Bankers Inc. lifted its holdings in Zillow Group by 58.6% in the third quarter. Cullen Frost Bankers Inc. now owns 441 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 163 shares during the last quarter. Institutional investors and hedge funds own 71.01% of the company’s stock.

Analyst Ratings Changes

Z has been the subject of a number of recent analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Zillow Group in a research report on Wednesday, October 8th. Bank of America increased their price objective on shares of Zillow Group from $81.00 to $88.00 and gave the company a “neutral” rating in a research note on Thursday, August 7th. Sanford C. Bernstein raised shares of Zillow Group from a “market perform” rating to an “outperform” rating and set a $105.00 price objective for the company in a report on Wednesday, September 17th. Oppenheimer assumed coverage on shares of Zillow Group in a research report on Monday, October 6th. They issued a “market perform” rating for the company. Finally, 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. Three equities research analysts have rated the stock with a Strong Buy rating, four have given 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.

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.