Andra AP fonden cut its stake in shares of Zillow Group, Inc. (NASDAQ:Z – Free Report) by 95.6% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,200 shares of the financial services provider’s stock after selling 47,757 shares during the period. Andra AP fonden’s holdings in Zillow Group were worth $91,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. V Square Quantitative Management LLC acquired a new stake in Zillow Group during the 4th quarter worth about $28,000. Flagship Harbor Advisors LLC acquired a new position in shares of Zillow Group in the fourth quarter worth about $43,000. IFC & Insurance Marketing Inc. acquired a new position in shares of Zillow Group in the fourth quarter worth about $68,000. SBI Okasan Asset Management Co.Ltd. acquired a new position in shares of Zillow Group in the fourth quarter worth about $71,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA increased its position in shares of Zillow Group by 34.5% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 1,170 shares of the financial services provider’s stock worth $80,000 after acquiring an additional 300 shares in the last quarter. 71.01% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Zillow Group
In related news, insider Errol G. Samuelson sold 2,939 shares of the company’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $37.97, for a total value of $111,593.83. Following the completion of the sale, the insider directly owned 134,039 shares in the company, valued at approximately $5,089,460.83. This represents a 2.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Bradley D. Owens sold 3,364 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $37.23, for a total transaction of $125,241.72. Following the sale, the general counsel directly owned 65,245 shares of the company’s stock, valued at approximately $2,429,071.35. This represents a 4.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 42,910 shares of company stock valued at $1,605,732 in the last ninety days. 25.03% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
Read Our Latest Research Report on Z
Zillow Group Trading Down 5.7%
Shares of NASDAQ:Z opened at $29.58 on Friday. Zillow Group, Inc. has a 1 year low of $29.23 and a 1 year high of $93.88. The business has a fifty day simple moving average of $33.58 and a 200 day simple moving average of $44.00. The firm has a market cap of $6.77 billion, a price-to-earnings ratio of 118.32, a P/E/G ratio of 1.34 and a beta of 1.98.
Zillow Group (NASDAQ:Z – Get Free Report) last issued its earnings results on Wednesday, May 6th. The financial services provider reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.10. The firm had revenue of $708.00 million for the quarter, compared to the consensus estimate of $705.10 million. Zillow Group had a return on equity of 1.41% and a net margin of 2.27%. On average, sell-side analysts forecast that Zillow Group, Inc. will post 0.9 EPS for the current year.
Key Zillow Group News
Here are the key news stories impacting Zillow Group this week:
- Positive Sentiment: Zillow’s own rent data showed U.S. asking rents rose 2.2% year over year in June to $1,965, suggesting continued strength in rental pricing trends and demand. Rent is ticking up, but so are the deals
- Neutral Sentiment: Multiple law firms reiterated that investors who bought Zillow shares between February 11, 2025 and May 7, 2026 may be eligible to participate in an already-filed securities class action, with an August 10 lead-plaintiff deadline. ROSEN, THE FIRST FILING FIRM, Encourages Zillow Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – Z, ZG
- Neutral Sentiment: Additional firms published similar investor alerts and lawsuit notices, increasing attention on the litigation but not adding new operational information about the business. Zillow Group, Inc. (Z, ZG) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
- Neutral Sentiment: Other notices repeated the same class-action allegations and deadline reminders, reinforcing the legal overhang around Zillow Group (Z). Zillow Group Securities Fraud Class Action Arising from Alleged Anticompetitive Agreement and Related Regulatory Risks
- Negative Sentiment: The main stock-price headwind is the accumulation of securities-fraud lawsuits and investor reminders, which can weigh on sentiment by raising uncertainty about potential damages, legal costs, and regulatory scrutiny. Z, ZG Court Alert: Zillow Investors Seeking to Recover Losses in Securities Fraud Class Action are Notified to Contact BFA Law before August 10 Deadline
Zillow Group Profile
Zillow Group, Inc is an online real estate marketplace company that operates a portfolio of consumer-facing websites and mobile apps designed to connect buyers, sellers, renters, homeowners and real estate professionals. The company’s platforms aggregate property listings, rental listings, and related information to help users search for homes, estimate property values and connect with agents and service providers. Zillow generates revenue primarily through advertising and lead-generation services for real estate professionals, property managers and mortgage lenders.
Key products and services include the Zillow and Trulia consumer websites and apps, which provide searchable listings, photos, neighborhood data and the company’s automated home valuation tool known as the “Zestimate.” Zillow also offers a rentals marketplace, a mortgage marketplace and tools for home buying and selling such as Zillow Premier Agent for agent advertising and leads, as well as ancillary services designed to support transactions, including closing and title-related offerings.
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