Zillow Group Inc (NASDAQ:Z) Director Erik C. Blachford sold 45,417 shares of Zillow Group stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $39.04, for a total value of $1,773,079.68. Following the transaction, the director now directly owns 18,281 shares in the company, valued at approximately $713,690.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
NASDAQ:Z opened at $39.86 on Tuesday. The company has a debt-to-equity ratio of 0.49, a current ratio of 3.81 and a quick ratio of 2.84. The stock’s 50 day simple moving average is $35.98 and its 200-day simple moving average is $39.19. Zillow Group Inc has a 12-month low of $27.71 and a 12-month high of $51.47.
Zillow Group (NASDAQ:Z) last released its earnings results on Thursday, November 7th. The financial services provider reported ($0.32) earnings per share (EPS) for the quarter. The company had revenue of $745.21 million during the quarter. Zillow Group had a negative net margin of 13.95% and a negative return on equity of 7.20%.
Z has been the topic of several research analyst reports. ValuEngine lowered Zillow Group from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. KeyCorp cut their price target on Zillow Group from $66.00 to $65.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. BidaskClub raised Zillow Group from a “hold” rating to a “buy” rating in a research report on Wednesday, November 13th. TheStreet lowered Zillow Group from a “c-” rating to a “d+” rating in a research report on Wednesday, September 4th. Finally, Morgan Stanley cut their price target on Zillow Group from $37.00 to $32.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 15th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $40.71.
Zillow Group Company Profile
Zillow Group, Inc operates real estate and home-related brands on mobile and the Web in the United States. The company offers a portfolio of brands and products to empowering consumers with unparalleled data, inspiration, and knowledge around homes and connecting them with real estate professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.
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