Insider Selling: Zillow Group (NASDAQ:Z) Director Sells $27,526.80 in Stock

Zillow Group, Inc. (NASDAQ:Z) Director Erik Blachford sold 791 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $34.80, for a total transaction of $27,526.80. Following the sale, the director directly owned 34,952 shares of the company’s stock, valued at approximately $1,216,329.60. This trade represents a 2.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Zillow Group Price Performance

Z opened at $32.70 on Friday. The company has a market cap of $7.48 billion, a price-to-earnings ratio of 130.80, a price-to-earnings-growth ratio of 1.45 and a beta of 1.97. The firm has a 50 day simple moving average of $39.87 and a 200 day simple moving average of $52.31. Zillow Group, Inc. has a fifty-two week low of $31.49 and a fifty-two week high of $93.88.

Zillow Group (NASDAQ:Z) last posted its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.10. The business had revenue of $708.00 million during the quarter, compared to the consensus estimate of $705.10 million. Zillow Group had a net margin of 2.27% and a return on equity of 1.41%. As a group, analysts expect that Zillow Group, Inc. will post 0.9 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on Z. Zelman & Associates raised shares of Zillow Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 12th. Royal Bank Of Canada decreased their price objective on shares of Zillow Group from $95.00 to $70.00 and set an “outperform” rating for the company in a report on Wednesday. Wall Street Zen upgraded shares of Zillow Group from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Zillow Group from $80.00 to $68.00 and set a “buy” rating for the company in a report on Friday, May 8th. Finally, UBS Group decreased their price objective on shares of Zillow Group from $80.00 to $75.00 and set a “buy” rating for the company in a report on Tuesday, April 28th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $76.00.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. NewEdge Advisors LLC grew its holdings in Zillow Group by 2.0% during the first quarter. NewEdge Advisors LLC now owns 38,052 shares of the financial services provider’s stock valued at $1,575,000 after purchasing an additional 750 shares during the period. Centaurus Financial Inc. acquired a new position in Zillow Group during the first quarter valued at approximately $166,000. Arkadios Wealth Advisors grew its holdings in Zillow Group by 47.3% during the first quarter. Arkadios Wealth Advisors now owns 54,209 shares of the financial services provider’s stock valued at $2,243,000 after purchasing an additional 17,408 shares during the period. EverSource Wealth Advisors LLC grew its holdings in Zillow Group by 283.2% during the first quarter. EverSource Wealth Advisors LLC now owns 1,414 shares of the financial services provider’s stock valued at $59,000 after purchasing an additional 1,045 shares during the period. Finally, Royal Bank of Canada boosted its holdings in shares of Zillow Group by 39.7% in the first quarter. Royal Bank of Canada now owns 169,350 shares of the financial services provider’s stock valued at $7,007,000 after buying an additional 48,102 shares during the period. Institutional investors and hedge funds own 71.01% of the company’s stock.

More Zillow Group News

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

• Neutral Sentiment: Google’s expanded home listings availability could increase competition for Zillow in property search and listings traffic, potentially pressuring its lead-generation business. Google’s home listings will now be widely available. What it means for Zillow, Rocket, CoStar stocks.
• Neutral Sentiment: RBC lowered its price target on Zillow while keeping an outperform rating, signaling tempered expectations even though the firm remains constructive. RBC cuts price target on Zillow Group to $70 from $95, keeps outperform rating
• Neutral Sentiment: A director sold a small block of shares in a pre-arranged trading plan, which is usually not a major fundamental signal but can still dampen sentiment. Zillow Group (NASDAQ:Z) Director Erik Blachford Sells 791 Shares
• Negative Sentiment: A class action lawsuit has been filed against Zillow, alleging investor harm and federal securities law violations tied to disclosures during the class period. Bronstein, Gewirtz & Grossman LLC Urges Zillow Group, Inc. Investors to Act: Class Action Filed Alleging Investor Harm
• Negative Sentiment: Additional law firms have announced investigations and lawsuit deadlines, keeping legal risk front and center for investors. SHAREHOLDER LAWSUIT NOTICE: Faruqi & Faruqi, LLP Notifies Zillow Group (ZG, Z) Investors of Securities Class Action Lawsuit Deadline on August 10, 2026
• Negative Sentiment: Bloomberg Law reported that Zillow is accused of misleading investors about its Redfin partnership, reinforcing the lawsuit-related overhang on the stock. Zillow Accused of Misleading Investors About Redfin Partnership

About Zillow Group

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.