Jeremy Wacksman Sells 4,299 Shares of Zillow Group, Inc. (NASDAQ:Z) Stock

Zillow Group, Inc. (NASDAQ:Z – Get Rating) COO Jeremy Wacksman sold 4,299 shares of the stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of $44.67, for a total transaction of $192,036.33. Following the completion of the sale, the chief operating officer now directly owns 100,617 shares in the company, valued at $4,494,561.39. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Jeremy Wacksman also recently made the following trade(s):

• On Friday, May 19th, Jeremy Wacksman sold 7,361 shares of Zillow Group stock. The shares were sold at an average price of $44.94, for a total transaction of $330,803.34.

Zillow Group Stock Down 1.0 %

Zillow Group stock opened at $45.39 on Friday. Zillow Group, Inc. has a 12-month low of $26.14 and a 12-month high of $49.32. The firm’s 50-day moving average is $44.17 and its two-hundred day moving average is $40.83. The company has a quick ratio of 12.70, a current ratio of 12.70 and a debt-to-equity ratio of 0.37.

Zillow Group (NASDAQ:Z – Get Rating) last released its quarterly earnings results on Wednesday, May 3rd. The financial services provider reported ($0.06) earnings per share (EPS) for the quarter. Zillow Group had a negative return on equity of 2.19% and a negative net margin of 5.80%. The firm had revenue of $469.00 million for the quarter.

Wall Street Analyst Weigh In

Separately, Gordon Haskett initiated coverage on shares of Zillow Group in a research note on Tuesday, April 18th. They issued a “hold” rating on the stock.

Institutional Investors Weigh In On Zillow Group

Several hedge funds have recently modified their holdings of Z. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Zillow Group by 7.7% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 25,595 shares of the financial services provider’s stock worth $1,262,000 after acquiring an additional 1,839 shares during the period. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Zillow Group by 38.5% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 9,878 shares of the financial services provider’s stock worth $487,000 after acquiring an additional 2,746 shares during the period. MetLife Investment Management LLC purchased a new position in shares of Zillow Group during the 1st quarter worth about $531,000. Great West Life Assurance Co. Can lifted its holdings in shares of Zillow Group by 52.5% during the 1st quarter. Great West Life Assurance Co. Can now owns 102,746 shares of the financial services provider’s stock worth $5,368,000 after acquiring an additional 35,379 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Zillow Group by 1.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 671,137 shares of the financial services provider’s stock worth $33,103,000 after acquiring an additional 9,463 shares during the period. 68.24% of the stock is owned by institutional investors and hedge funds.

Zillow Group Company Profile

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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, and Technology (IMT), Mortgages, and Homes. The IMT segment includes premier agent, rentals marketplaces, and new construction marketplaces, and sale of other advertising and business technology solutions for real estate professionals.