Zillow Group, Inc. $ZG Shares Purchased by Strs Ohio

Strs Ohio raised its stake in Zillow Group, Inc. (NASDAQ:ZG) by 15.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,065 shares of the technology company’s stock after buying an additional 1,870 shares during the period. Strs Ohio’s holdings in Zillow Group were worth $963,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Personalized Indexing Management LLC grew its holdings in shares of Zillow Group by 3.0% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 4,550 shares of the technology company’s stock worth $312,000 after acquiring an additional 131 shares during the last quarter. Voya Investment Management LLC lifted its holdings in shares of Zillow Group by 2.8% during the first quarter. Voya Investment Management LLC now owns 5,778 shares of the technology company’s stock valued at $386,000 after purchasing an additional 156 shares during the last quarter. M&T Bank Corp boosted its position in shares of Zillow Group by 4.1% in the 1st quarter. M&T Bank Corp now owns 5,437 shares of the technology company’s stock valued at $363,000 after purchasing an additional 215 shares during the period. National Bank of Canada FI increased its stake in Zillow Group by 79.4% in the 1st quarter. National Bank of Canada FI now owns 488 shares of the technology company’s stock worth $33,000 after purchasing an additional 216 shares in the last quarter. Finally, Unified Investment Management raised its holdings in Zillow Group by 1.7% during the 2nd quarter. Unified Investment Management now owns 14,144 shares of the technology company’s stock worth $969,000 after buying an additional 235 shares during the period. Institutional investors and hedge funds own 20.32% of the company’s stock.

Wall Street Analysts Forecast Growth

ZG has been the subject of several recent analyst reports. Susquehanna decreased their target price on shares of Zillow Group from $85.00 to $80.00 and set a “neutral” rating for the company in a report on Monday. UBS Group reduced their price target on shares of Zillow Group from $95.00 to $92.00 and set a “buy” rating for the company in a research report on Friday, October 31st. Zelman & Associates upgraded shares of Zillow Group to a “hold” rating in a research report on Friday, August 8th. The Goldman Sachs Group reissued a “neutral” rating and set a $78.00 target price on shares of Zillow Group in a research note on Friday, October 31st. Finally, JMP Securities restated a “market outperform” rating and issued a $87.00 target price on shares of Zillow Group in a report on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $87.42.

Zillow Group Stock Performance

Shares of ZG opened at $69.73 on Friday. The company has a market capitalization of $16.89 billion, a PE ratio of -268.19, a PEG ratio of 23.55 and a beta of 2.09. The company’s 50 day moving average price is $75.78 and its 200 day moving average price is $73.03. Zillow Group, Inc. has a 52 week low of $56.63 and a 52 week high of $90.22.

Zillow Group (NASDAQ:ZG) last released its earnings results on Thursday, October 30th. The technology company reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.02). Zillow Group had a negative return on equity of 1.26% and a negative net margin of 2.60%.The company had revenue of $676.00 million during the quarter, compared to analysts’ expectations of $670.28 million. During the same quarter in the previous year, the company earned $0.35 EPS. The firm’s quarterly revenue was up 16.4% compared to the same quarter last year. Zillow Group has set its Q4 2025 guidance at EPS. On average, equities analysts forecast that Zillow Group, Inc. will post 0.32 earnings per share for the current fiscal year.

Insider Transactions at Zillow Group

In related news, CTO David A. Beitel sold 22,510 shares of the firm’s stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $90.97, for a total transaction of $2,047,734.70. Following the transaction, the chief technology officer owned 144,549 shares of the company’s stock, valued at approximately $13,149,622.53. This trade represents a 13.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Jeremy Hofmann sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $89.99, for a total transaction of $2,249,750.00. Following the completion of the sale, the chief financial officer directly owned 84,146 shares of the company’s stock, valued at $7,572,298.54. This represents a 22.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 498,770 shares of company stock valued at $42,760,251. Corporate insiders own 17.14% of the company’s stock.

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.