Zillow Group, Inc. (NASDAQ:Z – Get 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.
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 (Z)
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