Jeremy Wacksman Sells 2,198 Shares of Zillow Group, Inc. (NASDAQ:Z) Stock

Zillow Group, Inc. (NASDAQ:ZGet Rating) COO Jeremy Wacksman sold 2,198 shares of the company’s stock in a transaction that occurred on Wednesday, May 18th. The stock was sold at an average price of $41.15, for a total transaction of $90,447.70. Following the sale, the chief operating officer now owns 47,917 shares in the company, valued at $1,971,784.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Zillow Group stock traded up $1.86 during mid-day trading on Thursday, hitting $43.25. The company had a trading volume of 10,105,475 shares, compared to its average volume of 5,400,068. The stock has a market cap of $10.65 billion, a price-to-earnings ratio of -20.02 and a beta of 1.39. Zillow Group, Inc. has a 1 year low of $34.45 and a 1 year high of $124.70. The company has a quick ratio of 0.97, a current ratio of 1.98 and a debt-to-equity ratio of 0.25. The business has a fifty day moving average of $46.50 and a 200 day moving average of $54.10.

Z has been the topic of a number of recent research reports. Jefferies Financial Group cut their target price on shares of Zillow Group from $95.00 to $75.00 and set a “buy” rating on the stock in a research note on Thursday, February 3rd. Piper Sandler cut their target price on shares of Zillow Group from $57.00 to $39.00 in a research note on Friday, May 6th.

A number of institutional investors have recently made changes to their positions in Z. Zions Bancorporation N.A. increased its stake in Zillow Group by 371.7% in the first quarter. Zions Bancorporation N.A. now owns 500 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 394 shares during the last quarter. Cordasco Financial Network increased its stake in Zillow Group by 100.0% in the fourth quarter. Cordasco Financial Network now owns 400 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 200 shares during the last quarter. Westside Investment Management Inc. increased its stake in Zillow Group by 86.2% in the first quarter. Westside Investment Management Inc. now owns 540 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 250 shares during the last quarter. Ellevest Inc. acquired a new stake in shares of Zillow Group in the fourth quarter valued at approximately $41,000. Finally, Cornerstone Advisory LLC acquired a new stake in shares of Zillow Group in the fourth quarter valued at approximately $42,000. Institutional investors own 74.81% of the company’s stock.

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.

Further Reading

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

Receive News & Ratings for Zillow Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zillow Group and related companies with MarketBeat.com's FREE daily email newsletter.