Jennifer Rock Sells 3,793 Shares of Zillow Group, Inc. (NASDAQ:ZG) Stock

Zillow Group, Inc. (NASDAQ:ZGGet Rating) CAO Jennifer Rock sold 3,793 shares of the business’s stock in a transaction dated Wednesday, November 16th. The stock was sold at an average price of $36.78, for a total transaction of $139,506.54. Following the sale, the chief accounting officer now directly owns 64,761 shares in the company, valued at approximately $2,381,909.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Jennifer Rock also recently made the following trade(s):

  • On Thursday, November 3rd, Jennifer Rock sold 9,515 shares of Zillow Group stock. The shares were sold at an average price of $31.10, for a total transaction of $295,916.50.

Zillow Group Trading Down 5.6 %

Shares of NASDAQ ZG opened at $34.81 on Friday. The firm has a fifty day moving average of $31.63 and a 200 day moving average of $34.56. The company has a debt-to-equity ratio of 0.36, a current ratio of 12.09 and a quick ratio of 12.09. Zillow Group, Inc. has a one year low of $26.21 and a one year high of $65.16.

Zillow Group (NASDAQ:ZGGet Rating) last released its earnings results on Wednesday, November 2nd. The technology company reported ($0.20) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.28) by $0.08. Zillow Group had a negative net margin of 3.01% and a negative return on equity of 3.16%. The business had revenue of $483.00 million during the quarter, compared to analyst estimates of $455.98 million. As a group, analysts forecast that Zillow Group, Inc. will post -0.17 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ZG has been the subject of a number of analyst reports. Canaccord Genuity Group cut shares of Zillow Group from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $48.00 to $34.00 in a research note on Thursday, November 3rd. Wedbush dropped their target price on shares of Zillow Group from $39.00 to $31.00 and set a “neutral” rating for the company in a research report on Monday, September 26th. DA Davidson dropped their target price on shares of Zillow Group from $78.00 to $53.00 in a research report on Monday, September 12th. Compass Point started coverage on shares of Zillow Group in a research report on Monday, September 19th. They set a “buy” rating and a $50.00 price objective for the company. Finally, Piper Sandler lowered their price objective on shares of Zillow Group from $39.00 to $31.00 and set a “neutral” rating for the company in a research report on Friday, August 5th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Zillow Group has a consensus rating of “Hold” and an average target price of $44.76.

Institutional Investors Weigh In On Zillow Group

Large investors have recently modified their holdings of the business. Wipfli Financial Advisors LLC purchased a new stake in shares of Zillow Group during the third quarter worth $29,000. PNC Financial Services Group Inc. grew its holdings in shares of Zillow Group by 69.4% during the first quarter. PNC Financial Services Group Inc. now owns 1,076 shares of the technology company’s stock worth $53,000 after buying an additional 441 shares in the last quarter. Tcwp LLC purchased a new stake in shares of Zillow Group during the first quarter worth $52,000. Householder Group Estate & Retirement Specialist LLC purchased a new stake in shares of Zillow Group during the third quarter worth $37,000. Finally, Lazard Asset Management LLC acquired a new position in shares of Zillow Group during the 2nd quarter valued at about $78,000. Hedge funds and other institutional investors own 19.94% of the company’s stock.

Zillow Group Company Profile

(Get Rating)

Zillow Group, Inc engages in the provision of real estate and home-related information marketplaces on mobile and the web. It operates through the following segments: Internet, Media & Technology (IMT), Homes and Mortgages segment. The IMT segment includes premier agent, rentals and new construction marketplaces, as well as dotloop, display and other advertising and business software solutions.

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

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