Zillow Group, Inc. (NASDAQ:Z – Get Rating) CTO David A. Beitel sold 1,280 shares of the firm’s stock in a transaction on Wednesday, May 18th. The shares were sold at an average price of $41.38, for a total transaction of $52,966.40. Following the completion of the transaction, the chief technology officer now owns 89,593 shares in the company, valued at $3,707,358.34. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Zillow Group stock traded up $1.86 during mid-day trading on Thursday, reaching $43.25. The company had a trading volume of 10,105,475 shares, compared to its average volume of 5,400,068. The company has a quick ratio of 0.97, a current ratio of 1.98 and a debt-to-equity ratio of 0.25. Zillow Group, Inc. has a 52 week low of $34.45 and a 52 week high of $124.70. The company has a 50 day moving average of $46.50 and a 200-day moving average of $54.10. The firm has a market cap of $10.65 billion, a price-to-earnings ratio of -20.02 and a beta of 1.39.
A number of research analysts recently issued reports on the stock. Piper Sandler lowered their target price on shares of Zillow Group from $57.00 to $39.00 in a research note on Friday, May 6th. Jefferies Financial Group reduced their price target on shares of Zillow Group from $95.00 to $75.00 and set a “buy” rating for the company in a report on Thursday, February 3rd.
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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