661 Shares in Zillow Group, Inc. (NASDAQ:ZG) Purchased by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC acquired a new position in shares of Zillow Group, Inc. (NASDAQ:ZGFree Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 661 shares of the technology company’s stock, valued at approximately $32,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Creative Financial Designs Inc. ADV bought a new position in shares of Zillow Group in the fourth quarter worth about $31,000. Raymond James Trust N.A. lifted its holdings in shares of Zillow Group by 22.5% in the fourth quarter. Raymond James Trust N.A. now owns 12,500 shares of the technology company’s stock worth $709,000 after acquiring an additional 2,300 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of Zillow Group in the fourth quarter worth about $608,000. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Zillow Group by 2.4% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 15,542 shares of the technology company’s stock worth $882,000 after acquiring an additional 360 shares during the last quarter. Finally, Simon Quick Advisors LLC lifted its holdings in shares of Zillow Group by 95.2% in the fourth quarter. Simon Quick Advisors LLC now owns 10,917 shares of the technology company’s stock worth $619,000 after acquiring an additional 5,325 shares during the last quarter. Institutional investors own 20.32% of the company’s stock.

Insider Buying and Selling

In other Zillow Group news, CFO Jeremy Hofmann sold 8,562 shares of the firm’s stock in a transaction on Wednesday, May 29th. The stock was sold at an average price of $39.05, for a total transaction of $334,346.10. Following the transaction, the chief financial officer now directly owns 123,123 shares in the company, valued at approximately $4,807,953.15. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Zillow Group news, insider Susan Daimler sold 4,931 shares of the firm’s stock in a transaction on Friday, May 17th. The stock was sold at an average price of $44.29, for a total transaction of $218,393.99. Following the transaction, the insider now directly owns 19,556 shares in the company, valued at approximately $866,135.24. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Jeremy Hofmann sold 8,562 shares of the firm’s stock in a transaction on Wednesday, May 29th. The shares were sold at an average price of $39.05, for a total value of $334,346.10. Following the transaction, the chief financial officer now owns 123,123 shares in the company, valued at $4,807,953.15. The disclosure for this sale can be found here. Insiders have sold a total of 60,041 shares of company stock worth $2,637,477 in the last ninety days. Corporate insiders own 17.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on ZG shares. Benchmark reissued a “buy” rating and issued a $60.00 target price on shares of Zillow Group in a report on Tuesday, April 30th. JPMorgan Chase & Co. lowered their price objective on Zillow Group from $65.00 to $61.00 and set an “overweight” rating for the company in a research note on Thursday, May 2nd. DA Davidson reaffirmed a “buy” rating and issued a $52.00 price objective on shares of Zillow Group in a research note on Tuesday, June 18th. JMP Securities lowered their price objective on Zillow Group from $68.00 to $62.00 and set a “market outperform” rating for the company in a research note on Thursday, May 2nd. Finally, Canaccord Genuity Group lowered their price objective on Zillow Group from $58.00 to $50.00 and set a “hold” rating for the company in a research note on Monday, April 29th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, Zillow Group has an average rating of “Moderate Buy” and a consensus target price of $57.14.

Read Our Latest Report on Zillow Group

Zillow Group Stock Performance

NASDAQ:ZG opened at $46.35 on Wednesday. The company has a market capitalization of $10.95 billion, a PE ratio of -67.17 and a beta of 2.05. The company has a 50 day simple moving average of $43.06 and a two-hundred day simple moving average of $48.18. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.32 and a current ratio of 3.32. Zillow Group, Inc. has a fifty-two week low of $33.23 and a fifty-two week high of $59.23.

Zillow Group (NASDAQ:ZGGet Free Report) last posted its quarterly earnings results on Wednesday, May 1st. The technology company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.02. The firm had revenue of $529.00 million for the quarter, compared to analysts’ expectations of $509.30 million. Zillow Group had a negative return on equity of 2.28% and a negative net margin of 7.93%. Research analysts anticipate that Zillow Group, Inc. will post -0.4 earnings per share for the current year.

About Zillow Group

(Free Report)

Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.

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Institutional Ownership by Quarter for Zillow Group (NASDAQ:ZG)

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