Zillow Group (NASDAQ:ZG) Stock Price Down 5.8% Following Analyst Downgrade

Shares of Zillow Group, Inc. (NASDAQ:ZG) were down 5.8% on Wednesday after Cantor Fitzgerald lowered their price target on the stock from $56.00 to $46.00. Cantor Fitzgerald currently has a neutral rating on the stock. Zillow Group traded as low as $43.40 and last traded at $42.49. Approximately 186,812 shares traded hands during trading, a decline of 84% from the average daily volume of 1,167,276 shares. The stock had previously closed at $45.09.

Other analysts have also issued reports about the company. BNP Paribas Exane began coverage on Zillow Group in a research report on Wednesday, January 14th. They issued an “outperform” rating and a $85.00 price objective for the company. Sanford C. Bernstein cut their target price on shares of Zillow Group from $105.00 to $95.00 and set an “outperform” rating on the stock in a research report on Monday, January 12th. DA Davidson set a $75.00 target price on shares of Zillow Group in a research note on Thursday, February 12th. Susquehanna set a $50.00 price target on shares of Zillow Group in a research report on Thursday, February 12th. Finally, Evercore reissued an “outperform” rating on shares of Zillow Group in a research note on Tuesday, March 17th. Fourteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Zillow Group currently has a consensus rating of “Hold” and a consensus price target of $77.05.

Insider Activity at Zillow Group

In related news, General Counsel Bradley D. Owens sold 2,602 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $44.42, for a total transaction of $115,580.84. Following the completion of the sale, the general counsel directly owned 33,355 shares of the company’s stock, valued at approximately $1,481,629.10. This represents a 7.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO David A. Beitel sold 3,966 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $44.22, for a total transaction of $175,376.52. Following the sale, the chief technology officer owned 136,690 shares in the company, valued at $6,044,431.80. This trade represents a 2.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 60,801 shares of company stock valued at $2,683,986 over the last 90 days. Insiders own 17.14% of the company’s stock.

Trending Headlines about Zillow Group

Here are the key news stories impacting Zillow Group this week:

• Positive Sentiment: Royal Bank of Canada reaffirmed an “outperform” rating and a $95 price target, implying large upside and offering analyst support for the recovery narrative. RBC reaffirmation
• Positive Sentiment: Zillow unveiled an AI-powered conversational home-search tool — a product move that could increase user engagement and monetization if adoption scales. Zillow unveils AI-powered conversational tool for home search
• Positive Sentiment: Zillow will present its “AI-native” housing platform strategy at an AI Summit for Investors — a visible investor outreach event that could help clarify growth levers and product roadmap. Zillow Group to highlight AI-native housing platform strategy at AI Summit for Investors
• Neutral Sentiment: Reports show a “large increase” in short interest in March, but the published data contains zeros/NaN and 0‑day ratios — likely a reporting anomaly. This creates noise rather than a clear bearish signal until corrected or confirmed.
• Negative Sentiment: Cantor Fitzgerald trimmed its price target from $56 to $46 and moved to a “neutral” rating, which is a downward revision to near-term expectations and likely weighing on sentiment. Cantor Fitzgerald price target cut

Institutional Investors Weigh In On Zillow Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. DoubleLine ETF Adviser LP lifted its position in Zillow Group by 4.9% in the 3rd quarter. DoubleLine ETF Adviser LP now owns 3,214 shares of the technology company’s stock valued at $239,000 after acquiring an additional 150 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Zillow Group by 4.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 3,657 shares of the technology company’s stock worth $256,000 after purchasing an additional 156 shares in the last quarter. Signaturefd LLC raised its stake in shares of Zillow Group by 10.4% in the 4th quarter. Signaturefd LLC now owns 1,711 shares of the technology company’s stock valued at $117,000 after purchasing an additional 161 shares during the period. Smartleaf Asset Management LLC raised its stake in shares of Zillow Group by 78.9% in the 3rd quarter. Smartleaf Asset Management LLC now owns 424 shares of the technology company’s stock valued at $33,000 after purchasing an additional 187 shares during the period. Finally, Jones Financial Companies Lllp lifted its holdings in shares of Zillow Group by 23.1% in the third quarter. Jones Financial Companies Lllp now owns 1,033 shares of the technology company’s stock valued at $80,000 after purchasing an additional 194 shares in the last quarter. 20.32% of the stock is currently owned by institutional investors and hedge funds.

Zillow Group Stock Down 3.7%

The company has a market capitalization of $10.41 billion, a P/E ratio of 482.28, a price-to-earnings-growth ratio of 2.52 and a beta of 2.05. The business has a fifty day moving average price of $51.31 and a 200 day moving average price of $64.77.

Zillow Group (NASDAQ:ZG) last posted its quarterly earnings data on Tuesday, February 10th. The technology company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). The firm had revenue of $654.00 million for the quarter, compared to the consensus estimate of $650.40 million. Zillow Group had a return on equity of 0.56% and a net margin of 0.89%.The firm’s quarterly revenue was up 18.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.27 earnings per share. As a group, equities analysts forecast that Zillow Group, Inc. will post 0.32 earnings per share for the current year.

Zillow Group Company Profile

Zillow Group (NASDAQ:ZG) is a U.S.-based online real estate marketplace that connects consumers, real estate professionals and mortgage lenders through a suite of digital products and advertising services. Founded in 2006 by Rich Barton and Lloyd Frink and headquartered in Seattle, Washington, the company operates a portfolio of consumer-facing brands and tools designed to simplify home search, rental discovery, valuation and mortgage shopping.

Zillow’s core products include its consumer websites and mobile apps that list homes for sale and rent, the Zestimate automated home value estimate, and marketplaces that connect buyers and renters with agents and lenders.