Zillow Group, Inc. (NASDAQ:ZG – Get Free Report) General Counsel Bradley D. Owens sold 2,308 shares of the stock in a transaction on Friday, August 16th. The stock was sold at an average price of $53.06, for a total value of $122,462.48. Following the transaction, the general counsel now owns 32,951 shares of the company’s stock, valued at $1,748,380.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Zillow Group Stock Up 0.5 %
Shares of NASDAQ:ZG traded up $0.24 during trading on Friday, hitting $51.74. 367,577 shares of the company’s stock traded hands, compared to its average volume of 661,435. Zillow Group, Inc. has a 52 week low of $33.23 and a 52 week high of $59.23. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.11. The company has a market cap of $12.22 billion, a price-to-earnings ratio of -74.99 and a beta of 2.05. The company has a 50-day moving average price of $46.68 and a 200-day moving average price of $47.08.
Zillow Group (NASDAQ:ZG – Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The technology company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.08. The business had revenue of $572.00 million for the quarter, compared to analysts’ expectations of $538.36 million. Zillow Group had a negative return on equity of 2.50% and a negative net margin of 6.81%. Zillow Group’s revenue for the quarter was up 13.0% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.05) EPS. As a group, research analysts forecast that Zillow Group, Inc. will post -0.42 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Report on ZG
Institutional Investors Weigh In On Zillow Group
Several institutional investors have recently bought and sold shares of ZG. Norges Bank bought a new stake in Zillow Group in the 4th quarter valued at approximately $102,096,000. Vanguard Group Inc. lifted its stake in Zillow Group by 27.4% in the 4th quarter. Vanguard Group Inc. now owns 8,054,673 shares of the technology company’s stock valued at $456,861,000 after acquiring an additional 1,730,731 shares in the last quarter. UBS Group AG increased its position in shares of Zillow Group by 73.0% during the 4th quarter. UBS Group AG now owns 420,170 shares of the technology company’s stock worth $23,832,000 after purchasing an additional 177,265 shares during the last quarter. Assenagon Asset Management S.A. increased its position in shares of Zillow Group by 244.2% during the 1st quarter. Assenagon Asset Management S.A. now owns 171,881 shares of the technology company’s stock worth $8,226,000 after purchasing an additional 121,942 shares during the last quarter. Finally, Berkshire Capital Holdings Inc. increased its position in shares of Zillow Group by 1,145,800.0% during the 4th quarter. Berkshire Capital Holdings Inc. now owns 114,590 shares of the technology company’s stock worth $6,630,000 after purchasing an additional 114,580 shares during the last quarter. Institutional investors own 20.32% of the company’s stock.
Zillow Group Company 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.
Featured Stories
- Five stocks we like better than Zillow Group
- What is a Death Cross in Stocks?
- JD.com Earnings Surprise: China’s Outlook Better Than Expected
- Dividend Payout Ratio Calculator
- Warren Buffett’s Recent Stock Moves: Top Buys and Sells to Watch
- What Investors Need to Know About Upcoming IPOs
- Sea Limited’s E-Commerce and Fintech Strength Fuel Stock Surge
Receive News & Ratings for Zillow Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zillow Group and related companies with MarketBeat.com's FREE daily email newsletter.