Erik Blachford Sells 792 Shares of Zillow Group (NASDAQ:ZG) Stock

Posted by on Sep 6th, 2026

Zillow Group, Inc. (NASDAQ:ZG – Get Free Report) Director Erik Blachford sold 792 shares of the company’s stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $35.71, for a total value of $28,282.32. Following the sale, the director owned 34,160 shares of the company’s stock, valued at $1,219,853.60. The trade was a 2.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Zillow Group Stock Performance

Shares of ZG opened at $35.32 on Friday. Zillow Group, Inc. has a 52-week low of $29.03 and a 52-week high of $90.22. The business’s fifty day moving average is $34.15 and its 200-day moving average is $38.25. The firm has a market cap of $7.94 billion, a price-to-earnings ratio of 160.55, a PEG ratio of 1.54 and a beta of 1.97.

Zillow Group (NASDAQ:ZG – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The technology company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.08. The business had revenue of $772.00 million during the quarter, compared to the consensus estimate of $758.25 million. Zillow Group had a return on equity of 2.32% and a net margin of 1.96%.Zillow Group’s revenue for the quarter was up 17.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.40 EPS. As a group, research analysts forecast that Zillow Group, Inc. will post 0.89 EPS for the current fiscal year.

Institutional Investors Weigh In On Zillow Group

Institutional investors have recently made changes to their positions in the stock. Technology Crossover Management XI Ltd. bought a new position in shares of Zillow Group during the second quarter worth about $73,694,895. Norges Bank bought a new position in Zillow Group during the 4th quarter worth approximately $152,050,000. Independent Franchise Partners LLP raised its holdings in Zillow Group by 1.1% during the 4th quarter. Independent Franchise Partners LLP now owns 2,024,556 shares of the technology company’s stock worth $138,135,000 after purchasing an additional 21,862 shares during the last quarter. California State Teachers Retirement System lifted its position in shares of Zillow Group by 56,236.3% in the 2nd quarter. California State Teachers Retirement System now owns 1,485,024 shares of the technology company’s stock worth $47,339,000 after purchasing an additional 1,482,388 shares during the period. Finally, Kahn Brothers Group Inc. acquired a new position in shares of Zillow Group in the 2nd quarter worth approximately $37,265,000. Institutional investors own 20.32% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on ZG. Evercore set a $40.00 price objective on shares of Zillow Group and gave the company an “in-line” rating in a research note on Thursday, August 6th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Zillow Group in a research note on Wednesday, August 19th. Royal Bank Of Canada lowered their price target on shares of Zillow Group from $70.00 to $55.00 and set an “outperform” rating for the company in a report on Thursday, August 6th. UBS Group dropped their price target on Zillow Group from $75.00 to $50.00 and set a “buy” rating for the company in a research note on Friday, July 31st. Finally, Piper Sandler reduced their price objective on Zillow Group from $55.00 to $46.00 and set an “overweight” rating on the stock in a research report on Friday, August 7th. Eleven analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $53.14.

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Zillow Group Company Profile

(Get Free Report)

Zillow Group (NASDAQ:ZG) is a U.S.-based online real estate marketplace that connects consumers, real estate professionals and mortgage lenders through a suite of digital products and advertising services. Founded in 2006 by Rich Barton and Lloyd Frink and headquartered in Seattle, Washington, the company operates a portfolio of consumer-facing brands and tools designed to simplify home search, rental discovery, valuation and mortgage shopping.

Zillow’s core products include its consumer websites and mobile apps that list homes for sale and rent, the Zestimate automated home value estimate, and marketplaces that connect buyers and renters with agents and lenders.

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Insider Buying and Selling by Quarter for Zillow Group (NASDAQ:ZG)

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