Intech Investment Management LLC Buys 405 Shares of Zillow Group, Inc. (NASDAQ:Z)

Intech Investment Management LLC boosted its holdings in shares of Zillow Group, Inc. (NASDAQ:Z – Get Rating) by 4.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,840 shares of the financial services provider’s stock after acquiring an additional 405 shares during the period. Intech Investment Management LLC’s holdings in Zillow Group were worth $285,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Zillow Group by 8.4% during 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 acquiring an additional 1,837,593 shares in the last quarter. Pacer Advisors Inc. lifted its position in shares of Zillow Group by 424.3% during the fourth quarter. Pacer Advisors Inc. now owns 4,950,130 shares of the financial services provider’s stock valued at $159,444,000 after buying an additional 4,006,027 shares during the last quarter. Baillie Gifford & Co. lifted its position in shares of 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 during the last quarter. Renaissance Technologies LLC lifted its position in shares of Zillow Group by 45.2% during the third quarter. Renaissance Technologies LLC now owns 1,396,714 shares of the financial services provider’s stock valued at $39,960,000 after buying an additional 434,700 shares during the last quarter. Finally, National Bank of Canada FI lifted its position in shares of Zillow Group by 316.2% during the fourth quarter. National Bank of Canada FI now owns 1,119,658 shares of the financial services provider’s stock valued at $36,065,000 after buying an additional 850,620 shares during the last quarter. 68.24% of the stock is currently owned by institutional investors.

Insider Activity at Zillow Group

In related news, General Counsel Bradley D. Owens sold 946 shares of the business’s stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of $44.67, for a total value of $42,257.82. Following the sale, the general counsel now directly owns 28,756 shares in the company, valued at approximately $1,284,530.52. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Zillow Group news, insider Errol G. Samuelson sold 4,185 shares of Zillow Group stock in a transaction dated Monday, March 27th. The stock was sold at an average price of $42.95, for a total value of $179,745.75. Following the completion of the transaction, the insider now directly owns 162,165 shares of the company’s stock, valued at approximately $6,964,986.75. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, General Counsel Bradley D. Owens sold 946 shares of Zillow Group stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of $44.67, for a total value of $42,257.82. Following the completion of the transaction, the general counsel now directly owns 28,756 shares of the company’s stock, valued at $1,284,530.52. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 48,147 shares of company stock worth $2,140,511. Company insiders own 15.30% of the company’s stock.

Wall Street Analyst Weigh In

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

Zillow Group Price Performance

Zillow Group stock opened at $45.39 on Monday. Zillow Group, Inc. has a 1 year low of $26.14 and a 1 year high of $49.32. The company has a debt-to-equity ratio of 0.37, a quick ratio of 12.70 and a current ratio of 12.70. The company’s fifty day moving average price is $44.17 and its 200 day moving average price is $40.91. The stock has a market capitalization of $10.62 billion, a P/E ratio of -76.93 and a beta of 1.64.

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

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.