Zillow Group (NASDAQ:ZG) CFO Sells $120,182.40 in Stock

Posted by Brian Himes on Aug 17th, 2026

Zillow Group, Inc. (NASDAQ:ZG – Get Free Report) CFO Jeremy Hofmann sold 3,510 shares of the stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $34.24, for a total transaction of $120,182.40. Following the completion of the transaction, the chief financial officer directly owned 64,805 shares of the company’s stock, valued at approximately $2,218,923.20. This trade represents a 5.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Jeremy Hofmann also recently made the following trade(s):

On Monday, August 17th, Jeremy Hofmann sold 5,661 shares of Zillow Group stock. The shares were sold at an average price of $34.18, for a total value of $193,492.98.

Zillow Group Stock Performance

ZG stock traded down $0.84 during midday trading on Monday, hitting $34.32. 1,454,360 shares of the stock were exchanged, compared to its average volume of 1,202,979. The stock’s 50-day moving average price is $33.03 and its 200-day moving average price is $40.23. The stock has a market cap of $7.72 billion, a price-to-earnings ratio of 156.01, a PEG ratio of 1.53 and a beta of 1.95. Zillow Group, Inc. has a fifty-two week low of $29.03 and a fifty-two week high of $90.22.

Zillow Group (NASDAQ:ZG – Get Free Report) last posted its earnings results on Wednesday, August 5th. The technology company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.08. The company had revenue of $772.00 million for the quarter, compared to analyst estimates 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 was up 17.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.40 earnings per share. Research analysts anticipate that Zillow Group, Inc. will post 0.89 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Technology Crossover Management XI Ltd. purchased a new stake in Zillow Group in the second quarter valued at approximately $73,694,895,000. Norges Bank purchased a new stake in shares of Zillow Group during the 4th quarter valued at $152,050,000. M&T Bank Corp increased its holdings in shares of Zillow Group by 38,344.0% during the 4th quarter. M&T Bank Corp now owns 1,604,270 shares of the technology company’s stock worth $120,092,000 after buying an additional 1,600,097 shares during the last quarter. UBS Group AG raised its position in shares of Zillow Group by 44.5% in the 4th quarter. UBS Group AG now owns 1,018,448 shares of the technology company’s stock worth $69,489,000 after buying an additional 313,643 shares during the period. Finally, Tiger Global Management LLC raised its position in shares of Zillow Group by 30.7% in the 4th quarter. Tiger Global Management LLC now owns 1,023,733 shares of the technology company’s stock worth $69,849,000 after buying an additional 240,690 shares during the period. 20.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ZG. Barclays cut their target price on shares of Zillow Group from $58.00 to $54.00 and set an “equal weight” rating for the company in a research report on Friday, May 8th. Weiss Ratings cut shares of Zillow Group from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 22nd. Royal Bank Of Canada reduced their target price on Zillow Group from $70.00 to $55.00 and set an “outperform” rating on the stock in a research note on Thursday, August 6th. Sanford C. Bernstein cut Zillow Group from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $50.00 to $38.00 in a report on Thursday, August 6th. Finally, Susquehanna dropped their price target on Zillow Group from $50.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, August 6th. Eleven research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $52.29.

Read Our Latest Research Report on Zillow Group

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.