Jennifer Rock Sells 2,710 Shares of Zillow Group (NASDAQ:ZG) Stock

Zillow Group, Inc. (NASDAQ:ZG) CAO Jennifer Rock sold 2,710 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $73.83, for a total value of $200,079.30. Following the transaction, the chief accounting officer owned 44,481 shares of the company’s stock, valued at approximately $3,284,032.23. This represents a 5.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Jennifer Rock also recently made the following trade(s):

• On Wednesday, November 12th, Jennifer Rock sold 3,291 shares of Zillow Group stock. The stock was sold at an average price of $71.12, for a total transaction of $234,055.92.

Zillow Group Stock Down 2.6%

Shares of NASDAQ:ZG traded down $1.89 during trading on Wednesday, hitting $69.98. The stock had a trading volume of 995,074 shares, compared to its average volume of 584,304. The company has a market capitalization of $16.94 billion, a PE ratio of -269.15, a PEG ratio of 23.55 and a beta of 2.09. The firm’s fifty day moving average is $75.21 and its 200 day moving average is $73.35. Zillow Group, Inc. has a 12 month low of $56.63 and a 12 month high of $90.22.

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

Analysts Set New Price Targets

ZG has been the topic of several analyst reports. Oppenheimer began coverage on Zillow Group in a report on Monday, October 6th. They issued a “market perform” rating on the stock. Gordon Haskett upgraded Zillow Group from a “hold” rating to a “buy” rating and set a $90.00 price objective for the company in a report on Friday, October 3rd. UBS Group dropped their target price on shares of Zillow Group from $95.00 to $92.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Susquehanna lowered their price target on Zillow Group from $85.00 to $80.00 and set a “neutral” rating on the stock in a report on Monday, November 3rd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zillow Group in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Zillow Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $87.42.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC grew its stake in Zillow Group by 78.9% during the third quarter. Smartleaf Asset Management LLC now owns 424 shares of the technology company’s stock valued at $33,000 after acquiring an additional 187 shares in the last quarter. National Bank of Canada FI lifted its position in Zillow Group by 79.4% during the first quarter. National Bank of Canada FI now owns 488 shares of the technology company’s stock valued at $33,000 after purchasing an additional 216 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Zillow Group by 23.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,033 shares of the technology company’s stock worth $80,000 after buying an additional 194 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in Zillow Group by 33.0% during the first quarter. PNC Financial Services Group Inc. now owns 1,129 shares of the technology company’s stock worth $75,000 after acquiring an additional 280 shares during the last quarter. Finally, Group One Trading LLC increased its position in shares of Zillow Group by 884.7% during the 3rd quarter. Group One Trading LLC now owns 1,477 shares of the technology company’s stock valued at $110,000 after purchasing an additional 1,327 shares during the last quarter. 20.32% of the stock is owned by hedge funds and other institutional investors.

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.