Jennifer Rock Sells 3,291 Shares of Zillow Group (NASDAQ:Z) Stock

Zillow Group, Inc. (NASDAQ:Z) CAO Jennifer Rock sold 3,291 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $71.12, for a total value of $234,055.92. Following the completion of the sale, the chief accounting officer directly owned 41,190 shares in the company, valued at approximately $2,929,432.80. The trade was a 7.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

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

• On Monday, November 10th, Jennifer Rock sold 2,710 shares of Zillow Group stock. The shares were sold at an average price of $73.83, for a total value of $200,079.30.

Zillow Group Stock Performance

Zillow Group stock opened at $70.37 on Friday. The company’s fifty day moving average price is $77.63 and its 200 day moving average price is $75.64. The stock has a market capitalization of $17.03 billion, a P/E ratio of -502.61, a P/E/G ratio of 28.32 and a beta of 2.10. Zillow Group, Inc. has a 1 year low of $57.51 and a 1 year high of $93.88.

Zillow Group (NASDAQ:Z) last posted its quarterly earnings data on Thursday, October 30th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.02). The company had revenue of $729.00 million for the quarter, compared to analysts’ expectations 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. Sell-side analysts predict that Zillow Group, Inc. will post 0.32 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Pittenger & Anderson Inc. grew its position in Zillow Group by 32.8% in the 3rd quarter. Pittenger & Anderson Inc. now owns 546 shares of the financial services provider’s stock valued at $42,000 after buying an additional 135 shares during the last quarter. Brighton Jones LLC raised its position in Zillow Group by 2.5% during the 2nd quarter. Brighton Jones LLC now owns 5,747 shares of the financial services provider’s stock worth $403,000 after buying an additional 140 shares during the last quarter. Lansforsakringar Fondforvaltning AB publ lifted its stake in shares of Zillow Group by 0.3% in the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 48,575 shares of the financial services provider’s stock worth $3,743,000 after acquiring an additional 144 shares during the period. Farther Finance Advisors LLC boosted its holdings in shares of Zillow Group by 25.1% in the second quarter. Farther Finance Advisors LLC now owns 792 shares of the financial services provider’s stock valued at $55,000 after acquiring an additional 159 shares in the last quarter. Finally, True Vision MN LLC increased its stake in shares of Zillow Group by 2.1% during the second quarter. True Vision MN LLC now owns 7,760 shares of the financial services provider’s stock worth $544,000 after acquiring an additional 161 shares during the period. Institutional investors and hedge funds own 71.01% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on Z. Mizuho upgraded Zillow Group to a “strong-buy” rating in a research note on Monday, September 29th. Gordon Haskett upgraded Zillow Group to a “strong-buy” rating in a research report on Friday, October 3rd. Oppenheimer initiated coverage on Zillow Group in a research note on Monday, October 6th. They issued a “market perform” rating for the company. Sanford C. Bernstein upgraded Zillow Group from a “market perform” rating to an “outperform” rating and set a $105.00 price objective on the stock in a report on Wednesday, September 17th. Finally, Bank of America upped their target price on shares of Zillow Group from $81.00 to $88.00 and gave the stock a “neutral” rating in a report on Thursday, August 7th. Three research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Zillow Group presently has a consensus rating of “Moderate Buy” and an average price target 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.