Zillow Group, Inc. (NASDAQ:Z – Get Free Report) insider Errol G. Samuelson sold 19,000 shares of the business’s stock in a transaction dated Wednesday, August 30th. The shares were sold at an average price of $52.66, for a total transaction of $1,000,540.00. Following the completion of the transaction, the insider now directly owns 131,455 shares of the company’s stock, valued at approximately $6,922,420.30. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Zillow Group Trading Up 0.7 %
NASDAQ Z opened at $52.52 on Friday. The firm has a market capitalization of $12.23 billion, a price-to-earnings ratio of -68.21 and a beta of 1.65. The company has a debt-to-equity ratio of 0.37, a quick ratio of 10.90 and a current ratio of 10.90. Zillow Group, Inc. has a one year low of $26.14 and a one year high of $57.19. The company’s 50 day moving average price is $52.49 and its 200 day moving average price is $47.28.
Zillow Group (NASDAQ:Z – Get Free Report) last released its quarterly earnings data on Wednesday, August 2nd. The financial services provider reported ($0.05) earnings per share (EPS) for the quarter. Zillow Group had a negative return on equity of 2.78% and a negative net margin of 9.61%. The business had revenue of $506.00 million during the quarter.
Analyst Ratings Changes
Institutional Investors Weigh In On Zillow Group
Several large investors have recently made changes to their positions in the business. Zions Bancorporation N.A. grew its stake in shares of Zillow Group by 371.7% in the first quarter. Zions Bancorporation N.A. now owns 500 shares of the financial services provider’s stock valued at $25,000 after buying an additional 394 shares in the last quarter. Belpointe Asset Management LLC acquired a new stake in Zillow Group during the 4th quarter valued at $29,000. Resurgent Financial Advisors LLC acquired a new stake in Zillow Group during the 4th quarter valued at $29,000. Eagle Bay Advisors LLC acquired a new stake in Zillow Group during the 2nd quarter valued at $36,000. Finally, Allspring Global Investments Holdings LLC acquired a new stake in Zillow Group during the 2nd quarter valued at $44,000. Institutional investors and hedge funds own 71.17% of the company’s stock.
About Zillow Group
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.
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