Farther Finance Advisors LLC Has $55,000 Position in Zillow Group, Inc. $Z

Farther Finance Advisors LLC boosted its holdings in shares of Zillow Group, Inc. (NASDAQ:Z) by 25.1% in the second quarter, according to its most recent filing with the SEC. The firm owned 792 shares of the financial services provider’s stock after acquiring an additional 159 shares during the period. Farther Finance Advisors LLC’s holdings in Zillow Group were worth $55,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. IFP Advisors Inc lifted its stake in shares of Zillow Group by 288.9% in the 1st quarter. IFP Advisors Inc now owns 455 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 338 shares during the period. National Pension Service increased its holdings in Zillow Group by 74.8% in the first quarter. National Pension Service now owns 577 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 247 shares during the last quarter. GAMMA Investing LLC lifted its stake in Zillow Group by 47.7% in the first quarter. GAMMA Investing LLC now owns 607 shares of the financial services provider’s stock valued at $42,000 after buying an additional 196 shares during the period. Strategic Investment Solutions Inc. IL bought a new position in Zillow Group during the first quarter worth about $49,000. Finally, Signaturefd LLC boosted its holdings in Zillow Group by 45.6% during the first quarter. Signaturefd LLC now owns 1,948 shares of the financial services provider’s stock worth $134,000 after buying an additional 610 shares during the last quarter. Institutional investors own 71.01% of the company’s stock.

Insider Buying and Selling at Zillow Group

In other Zillow Group news, CTO David A. Beitel sold 22,510 shares of the firm’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $90.97, for a total value of $2,047,734.70. Following the sale, the chief technology officer owned 144,549 shares of the company’s stock, valued at approximately $13,149,622.53. This trade represents a 13.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Jeremy Hofmann sold 25,000 shares of Zillow Group stock in a transaction on Monday, September 8th. The shares were sold at an average price of $89.99, for a total value of $2,249,750.00. Following the completion of the transaction, the chief financial officer owned 84,146 shares in the company, valued at approximately $7,572,298.54. The trade was a 22.91% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 657,087 shares of company stock valued at $56,286,479. 25.03% of the stock is currently owned by insiders.

Zillow Group Trading Down 3.6%

Shares of NASDAQ:Z opened at $74.00 on Tuesday. The firm has a 50 day moving average of $83.03 and a 200-day moving average of $74.21. Zillow Group, Inc. has a 12 month low of $57.00 and a 12 month high of $93.88. The stock has a market capitalization of $17.93 billion, a PE ratio of -284.62, a PEG ratio of 21.38 and a beta of 2.13.

Analyst Ratings Changes

A number of analysts have recently commented on Z shares. Mizuho raised Zillow Group to a “strong-buy” rating in a research note on Monday, September 29th. JPMorgan Chase & Co. upped their target price on shares of Zillow Group from $79.00 to $94.00 and gave the company an “overweight” rating in a research note on Thursday, August 7th. Oppenheimer started coverage on shares of Zillow Group in a report on Monday. They issued a “market perform” rating on the stock. Sanford C. Bernstein raised shares of Zillow Group from a “market perform” rating to an “outperform” rating and set a $105.00 price target for the company in a report on Wednesday, September 17th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Zillow Group in a research report on Saturday, September 27th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Zillow Group has a consensus rating of “Moderate Buy” and a consensus price target of $90.38.

Zillow Group Profile

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.