Zillow Group, Inc. $ZG Shares Sold by Bank of Montreal Can

Bank of Montreal Can lessened its position in Zillow Group, Inc. (NASDAQ:ZG) by 90.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,494 shares of the technology company’s stock after selling 54,499 shares during the period. Bank of Montreal Can’s holdings in Zillow Group were worth $376,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Trexquant Investment LP acquired a new position in Zillow Group in the 1st quarter valued at $370,000. TD Asset Management Inc acquired a new stake in shares of Zillow Group during the second quarter worth $262,000. Arkadios Wealth Advisors purchased a new stake in shares of Zillow Group in the second quarter valued at $877,000. Rhumbline Advisers increased its stake in Zillow Group by 8.0% in the first quarter. Rhumbline Advisers now owns 51,030 shares of the technology company’s stock valued at $3,412,000 after purchasing an additional 3,765 shares during the last quarter. Finally, AlphaQuest LLC lifted its position in Zillow Group by 69.7% during the second quarter. AlphaQuest LLC now owns 12,707 shares of the technology company’s stock worth $870,000 after buying an additional 5,219 shares during the period. Institutional investors and hedge funds own 20.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on ZG shares. Barclays reaffirmed an “underweight” rating and set a $66.00 price objective (up previously from $60.00) on shares of Zillow Group in a research note on Thursday, August 7th. JPMorgan Chase & Co. upped their price target on shares of Zillow Group from $94.00 to $95.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Piper Sandler reaffirmed an “overweight” rating and set a $85.00 price target (down previously from $94.00) on shares of Zillow Group in a research note on Friday, October 31st. Cantor Fitzgerald reiterated a “neutral” rating and issued a $74.00 price target on shares of Zillow Group in a report on Friday, October 31st. Finally, UBS Group dropped their price objective on Zillow Group from $95.00 to $92.00 and set a “buy” rating for the company in a report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $87.42.

Zillow Group Stock Down 1.7%

ZG opened at $65.95 on Wednesday. Zillow Group, Inc. has a 52-week low of $56.63 and a 52-week high of $90.22. The company has a 50 day moving average of $73.65 and a two-hundred day moving average of $73.40. The company has a market cap of $15.96 billion, a P/E ratio of -253.65, a P/E/G ratio of 23.55 and a beta of 2.09.

Zillow Group (NASDAQ:ZG) last posted its earnings results on Thursday, October 30th. The technology company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.02). Zillow Group had a negative net margin of 2.60% and a negative return on equity of 1.26%. The business had revenue of $676.00 million for the quarter, compared to analyst estimates of $670.28 million. During the same quarter in the previous year, the firm posted $0.35 EPS. The business’s revenue was up 16.4% compared to the same quarter last year. Zillow Group has set its Q4 2025 guidance at EPS. Research analysts anticipate that Zillow Group, Inc. will post 0.32 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Jeremy Wacksman sold 10,855 shares of the firm’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $69.99, for a total transaction of $759,741.45. Following the sale, the chief executive officer directly owned 134,712 shares in the company, valued at approximately $9,428,492.88. This trade represents a 7.46% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Errol G. Samuelson sold 7,641 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $71.13, for a total value of $543,504.33. Following the transaction, the insider directly owned 120,815 shares in the company, valued at $8,593,570.95. This trade represents a 5.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 141,497 shares of company stock valued at $11,547,036. 17.14% of the stock is owned by insiders.

About Zillow Group

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.