Jennifer Rock Sells 2,710 Shares of Zillow Group (NASDAQ:ZG) Stock

Zillow Group, Inc. (NASDAQ:ZG) CAO Jennifer Rock sold 2,710 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $73.83, for a total value of $200,079.30. Following the sale, the chief accounting officer owned 44,481 shares of the company’s stock, valued at $3,284,032.23. The trade was a 5.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Jennifer Rock also recently made the following trade(s):

• On Wednesday, November 12th, Jennifer Rock sold 3,291 shares of Zillow Group stock. The shares were sold at an average price of $71.12, for a total value of $234,055.92.

Zillow Group Stock Down 1.9%

Shares of ZG opened at $68.68 on Friday. Zillow Group, Inc. has a 52-week low of $56.63 and a 52-week high of $90.22. The firm’s fifty day moving average is $74.75 and its two-hundred day moving average is $73.29. The stock has a market cap of $16.62 billion, a PE ratio of -264.15, a price-to-earnings-growth ratio of 23.55 and a beta of 2.09.

Zillow Group (NASDAQ:ZG) last issued its earnings results on Thursday, October 30th. The technology company reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.02). The business had revenue of $676.00 million during the quarter, compared to analyst estimates of $670.28 million. Zillow Group had a negative net margin of 2.60% and a negative return on equity of 1.26%. Zillow Group’s quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter last year, the company earned $0.35 earnings per share. Zillow Group has set its Q4 2025 guidance at EPS. As a group, research analysts anticipate that Zillow Group, Inc. will post 0.32 earnings per share for the current year.

Hedge Funds Weigh In On Zillow Group

Large investors have recently modified their holdings of the business. M&T Bank Corp increased its position in shares of Zillow Group by 4.1% during the 1st quarter. M&T Bank Corp now owns 5,437 shares of the technology company’s stock worth $363,000 after purchasing an additional 215 shares during the last quarter. CWM LLC boosted its stake in Zillow Group by 12.7% during the first quarter. CWM LLC now owns 118,080 shares of the technology company’s stock worth $7,895,000 after buying an additional 13,329 shares during the period. Edgestream Partners L.P. acquired a new stake in shares of Zillow Group during the first quarter valued at about $783,000. Winslow Asset Management Inc. raised its stake in shares of Zillow Group by 5.3% in the 1st quarter. Winslow Asset Management Inc. now owns 6,325 shares of the technology company’s stock valued at $423,000 after acquiring an additional 320 shares during the period. Finally, Private Advisor Group LLC lifted its holdings in shares of Zillow Group by 5.7% in the 1st quarter. Private Advisor Group LLC now owns 26,137 shares of the technology company’s stock worth $1,748,000 after acquiring an additional 1,419 shares during the last quarter. Institutional investors and hedge funds own 20.32% of the company’s stock.

Analyst Upgrades and Downgrades

ZG has been the topic of a number of research reports. Barclays restated an “underweight” rating and set a $66.00 target price (up from $60.00) on shares of Zillow Group in a report on Thursday, August 7th. Susquehanna lowered their price objective on Zillow Group from $85.00 to $80.00 and set a “neutral” rating on the stock in a research note on Monday, November 3rd. The Goldman Sachs Group restated a “neutral” rating and issued a $78.00 target price on shares of Zillow Group in a report on Friday, October 31st. Sanford C. Bernstein reiterated an “outperform” rating on shares of Zillow Group in a report on Monday, October 27th. Finally, Zelman & Associates raised shares of Zillow Group to a “hold” rating in a research report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $87.42.

Zillow Group Company 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.