Zillow Group, Inc. (NASDAQ:Z – Get Free Report) COO Jun Choo sold 3,141 shares of Zillow Group stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $71.12, for a total transaction of $223,387.92. Following the sale, the chief operating officer owned 110,988 shares of the company’s stock, valued at approximately $7,893,466.56. The trade was a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Jun Choo also recently made the following trade(s):
- On Monday, September 8th, Jun Choo sold 25,575 shares of Zillow Group stock. The stock was sold at an average price of $91.06, for a total value of $2,328,859.50.
Zillow Group Stock Down 2.2%
Shares of Zillow Group stock traded down $1.57 during trading on Friday, hitting $68.80. 3,766,893 shares of the company were exchanged, compared to its average volume of 2,754,949. Zillow Group, Inc. has a fifty-two week low of $57.51 and a fifty-two week high of $93.88. The firm has a 50 day moving average price of $77.63 and a 200 day moving average price of $75.64. The stock has a market capitalization of $16.65 billion, a price-to-earnings ratio of -491.39, a P/E/G ratio of 28.32 and a beta of 2.10.
Wall Street Analyst Weigh In
Z has been the topic of several recent analyst reports. Oppenheimer initiated coverage on Zillow Group in a research report on Monday, October 6th. They set a “market perform” rating on the stock. 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 research note on Wednesday, September 17th. Bank of America raised their target price on shares of Zillow Group from $81.00 to $88.00 and gave the stock a “neutral” rating in a research report on Thursday, August 7th. Keefe, Bruyette & Woods lowered their target price on shares of Zillow Group from $85.00 to $80.00 and set a “market perform” rating for the company in a report on Monday, November 3rd. Finally, JPMorgan Chase & Co. increased their price target on shares of Zillow Group from $94.00 to $95.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Three research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $91.14.
View Our Latest Research Report on Zillow Group
Hedge Funds Weigh In On Zillow Group
A number of institutional investors and hedge funds have recently added to or reduced their stakes in Z. Root Financial Partners LLC bought a new position in shares of Zillow Group during the 3rd quarter valued at about $27,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Zillow Group in the third quarter valued at $29,000. IFP Advisors Inc boosted its stake in shares of Zillow Group by 288.9% during the 1st quarter. IFP Advisors Inc now owns 455 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 338 shares in the last quarter. TD Private Client Wealth LLC raised its position in shares of Zillow Group by 352.0% during the second quarter. TD Private Client Wealth LLC now owns 452 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 352 shares during the period. Finally, Cullen Frost Bankers Inc. raised its position in shares of Zillow Group by 58.6% during the third quarter. Cullen Frost Bankers Inc. now owns 441 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 163 shares during the period. 71.01% of the stock is owned by institutional investors.
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.
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