Jeremy Wacksman Sells 7,361 Shares of Zillow Group, Inc. (NASDAQ:Z) Stock

Zillow Group, Inc. (NASDAQ:Z – Get Rating) COO Jeremy Wacksman sold 7,361 shares of the business’s stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $44.94, for a total transaction of $330,803.34. Following the sale, the chief operating officer now owns 93,256 shares of the company’s stock, valued at $4,190,924.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Wednesday, May 17th, Jeremy Wacksman sold 4,299 shares of Zillow Group stock. The shares were sold at an average price of $44.67, for a total transaction of $192,036.33.

Zillow Group Stock Performance

Shares of NASDAQ:Z opened at $45.39 on Friday. The company has a 50 day moving average of $44.17 and a two-hundred day moving average of $40.83. Zillow Group, Inc. has a 52-week low of $26.14 and a 52-week high of $49.32. 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. The firm had revenue of $469.00 million for the quarter. Zillow Group had a negative return on equity of 2.19% and a negative net margin of 5.80%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Vanguard Group Inc. increased its position in shares of Zillow Group by 8.4% in the 1st quarter. Vanguard Group Inc. now owns 23,675,244 shares of the financial services provider’s stock worth $1,166,953,000 after purchasing an additional 1,837,593 shares during the last quarter. Pacer Advisors Inc. increased its holdings in Zillow Group by 25.7% in the first quarter. Pacer Advisors Inc. now owns 6,221,674 shares of the financial services provider’s stock valued at $276,678,000 after buying an additional 1,271,544 shares during the last quarter. Geode Capital Management LLC raised its stake in Zillow Group by 2.5% during the first quarter. Geode Capital Management LLC now owns 2,687,165 shares of the financial services provider’s stock valued at $119,353,000 after buying an additional 66,732 shares in the last quarter. Baillie Gifford & Co. raised its stake in Zillow Group by 3.9% during the fourth quarter. Baillie Gifford & Co. now owns 2,480,990 shares of the financial services provider’s stock valued at $79,913,000 after buying an additional 93,363 shares in the last quarter. Finally, Dorsal Capital Management LLC grew its position in shares of Zillow Group by 69.9% in the 4th quarter. Dorsal Capital Management LLC now owns 1,750,000 shares of the financial services provider’s stock worth $56,368,000 after acquiring an additional 720,000 shares in the last quarter. Institutional investors and hedge funds own 68.24% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Gordon Haskett started coverage on Zillow Group in a research report on Tuesday, April 18th. They issued a “hold” rating on the 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, 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.