Zillow Group (NASDAQ:ZG) CTO Sells $175,376.52 in Stock

Zillow Group, Inc. (NASDAQ:ZGGet Free Report) CTO David Beitel sold 3,966 shares of the stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $44.22, for a total value of $175,376.52. Following the sale, the chief technology officer owned 136,690 shares in the company, valued at $6,044,431.80. The trade was a 2.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Zillow Group Stock Down 0.9%

NASDAQ ZG opened at $43.30 on Monday. Zillow Group, Inc. has a 52 week low of $42.25 and a 52 week high of $90.22. The firm has a market capitalization of $10.48 billion, a price-to-earnings ratio of 481.16, a PEG ratio of 3.21 and a beta of 2.04. The company has a fifty day moving average of $64.81 and a two-hundred day moving average of $71.74.

Zillow Group (NASDAQ:ZGGet Free Report) last released its earnings results on Tuesday, February 10th. The technology company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.03). Zillow Group had a return on equity of 0.56% and a net margin of 0.89%.The firm had revenue of $654.00 million during the quarter, compared to the consensus estimate of $650.40 million. During the same quarter last year, the business posted $0.27 EPS. Zillow Group’s revenue was up 18.1% compared to the same quarter last year. Equities research analysts anticipate that Zillow Group, Inc. will post 0.32 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ZG. Smartleaf Asset Management LLC increased its position in Zillow Group by 78.9% during 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. First Command Advisory Services Inc. purchased a new position in Zillow Group during the fourth quarter valued at approximately $34,000. Kestra Advisory Services LLC purchased a new position in Zillow Group during the fourth quarter valued at approximately $47,000. Quarry LP bought a new position in Zillow Group in the fourth quarter worth approximately $56,000. Finally, Global Retirement Partners LLC lifted its holdings in Zillow Group by 4,130.0% during the fourth quarter. Global Retirement Partners LLC now owns 846 shares of the technology company’s stock worth $58,000 after buying an additional 826 shares during the period. 20.32% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

ZG has been the topic of several recent analyst reports. BNP Paribas Exane assumed coverage on Zillow Group in a report on Wednesday, January 14th. They issued an “outperform” rating and a $85.00 price target on the stock. UBS Group set a $80.00 price objective on Zillow Group in a research report on Wednesday. Canaccord Genuity Group set a $72.00 target price on Zillow Group in a research report on Wednesday. Sanford C. Bernstein lowered their target price on shares of Zillow Group from $105.00 to $95.00 and set an “outperform” rating for the company in a research note on Monday, January 12th. Finally, Robert W. Baird set a $67.00 price target on shares of Zillow Group in a research note on Wednesday. Fifteen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $78.43.

Read Our Latest Stock Analysis on Zillow Group

Key Zillow Group News

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

  • Positive Sentiment: Zillow highlights a profitability milestone and faster rentals growth, which supports the company’s longer‑term path to sustainable earnings. Zillow Group Profitability Milestone Highlights Rentals Growth And Valuation Gap
  • Neutral Sentiment: Citigroup cut its price target (from $100 to $78) but maintained a Buy rating, keeping upside expectations though at a lower valuation. Benzinga: Citigroup price target note
  • Neutral Sentiment: Analyst commentary and features discuss potential catalysts and valuation tradeoffs — useful for investors weighing near‑term legal/earnings headwinds versus longer‑term revenue momentum. What Catalysts Are Recasting The Story For Zillow Group (ZG)?
  • Negative Sentiment: Q4 adjusted EPS missed expectations (reported roughly $0.39 vs. consensus ~ $0.42), prompting heavy selling pressure and a sharp weekly decline. Earnings execution shortfall is the primary near‑term catalyst for the share drop. Zillow Stock Drops Nearly 20% This Week After Earnings Miss
  • Negative Sentiment: Several analysts trimmed targets and/or ratings (Wells Fargo cut its target to $61; Barclays issued a Hold), reducing near‑term analyst support and pressuring sentiment. Wells Fargo & Company Cuts Zillow Group Price Target
  • Negative Sentiment: Multiple insider sales were disclosed this week (including the General Counsel, CTO, COO, CAO and other insiders), which investors often view as a negative signal about confidence or a source of additional selling supply. Representative SEC filing: Insider Form 4 filing
  • Negative Sentiment: Shares hit a new 12‑month low after the mix of the earnings miss, price‑target cuts and the spike in trading volume — signaling increased near‑term downside risk until clarity returns on margins and legal/headline issues. Zillow Group Sets New 12-Month Low Following Weak Earnings

About Zillow Group

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Zillow Group (NASDAQ:ZG)

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