Zillow Group, Inc. (NASDAQ:ZG – Get Rating) insider Dan Spaulding sold 3,658 shares of the business’s stock in a transaction on Tuesday, May 17th. The shares were sold at an average price of $41.14, for a total transaction of $150,490.12. Following the sale, the insider now owns 24,278 shares of the company’s stock, valued at approximately $998,796.92. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Dan Spaulding also recently made the following trade(s):
- On Friday, May 6th, Dan Spaulding sold 4,000 shares of Zillow Group stock. The shares were sold at an average price of $38.13, for a total transaction of $152,520.00.
Shares of Zillow Group stock traded up $1.91 on Thursday, reaching $42.31. The stock had a trading volume of 1,649,406 shares, compared to its average volume of 1,068,384. Zillow Group, Inc. has a 1 year low of $33.26 and a 1 year high of $124.90. The company has a market cap of $10.42 billion, a P/E ratio of -19.45 and a beta of 1.49. The company has a current ratio of 1.98, a quick ratio of 0.97 and a debt-to-equity ratio of 0.25. The business’s 50 day moving average is $45.29 and its two-hundred day moving average is $53.21.
Several hedge funds have recently bought and sold shares of ZG. Sphinx Trading LP bought a new position in shares of Zillow Group in the fourth quarter worth approximately $25,000. Rosenberg Matthew Hamilton bought a new position in Zillow Group during the fourth quarter valued at approximately $30,000. Future Financial Wealth Managment LLC bought a new position in Zillow Group during the fourth quarter valued at approximately $31,000. Quadrant Capital Group LLC grew its position in Zillow Group by 69.5% during the fourth quarter. Quadrant Capital Group LLC now owns 678 shares of the technology company’s stock valued at $42,000 after acquiring an additional 278 shares during the last quarter. Finally, Jacobi Capital Management LLC bought a new position in Zillow Group during the third quarter valued at approximately $44,000. Institutional investors own 20.82% of the company’s stock.
Several research firms have recently issued reports on ZG. Stifel Nicolaus upped their target price on shares of Zillow Group from $60.00 to $65.00 and gave the stock a “hold” rating in a research note on Friday, February 11th. Wolfe Research reduced their target price on shares of Zillow Group from $75.00 to $69.00 and set a “peer perform” rating for the company in a research note on Friday, February 11th. Susquehanna reduced their target price on shares of Zillow Group from $62.00 to $41.00 in a research note on Monday, May 9th. Royal Bank of Canada reduced their price target on shares of Zillow Group from $70.00 to $65.00 and set an “outperform” rating for the company in a research report on Tuesday, April 26th. Finally, Morgan Stanley increased their price target on shares of Zillow Group from $74.00 to $76.00 and gave the company an “equal weight” rating in a research report on Friday, February 11th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, Zillow Group presently has a consensus rating of “Hold” and an average price target of $80.95.
About Zillow Group (Get Rating)
Zillow Group, Inc, a digital real estate company, operates real estate brands on mobile applications and Websites in the United States. The company operates through three segments: Homes; Internet, Media & Technology; and Mortgages. The Homes segment is involved in resale of homes; and title and escrow services to home buyers and sellers, including title search procedures for title insurance policies, escrow, and other closing services.
- Get a free copy of the StockNews.com research report on Zillow Group (ZG)
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