Eminence Capital LP Has $142.85 Million Stock Position in Zillow Group, Inc. $Z

Eminence Capital LP lowered its holdings in shares of Zillow Group, Inc. (NASDAQ:Z) by 16.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,093,890 shares of the financial services provider’s stock after selling 403,125 shares during the period. Zillow Group comprises 2.3% of Eminence Capital LP’s portfolio, making the stock its 19th largest holding. Eminence Capital LP’s holdings in Zillow Group were worth $142,845,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Lansforsakringar Fondforvaltning AB publ boosted its stake in Zillow Group by 0.3% during the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 48,575 shares of the financial services provider’s stock worth $3,743,000 after buying an additional 144 shares in the last quarter. Doliver Advisors LP lifted its holdings in shares of Zillow Group by 1.8% during the fourth quarter. Doliver Advisors LP now owns 9,687 shares of the financial services provider’s stock valued at $661,000 after acquiring an additional 171 shares during the period. Empowered Funds LLC lifted its holdings in shares of Zillow Group by 4.7% during the first quarter. Empowered Funds LLC now owns 3,822 shares of the financial services provider’s stock valued at $262,000 after acquiring an additional 171 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Zillow Group by 21.4% during the fourth quarter. GAMMA Investing LLC now owns 1,186 shares of the financial services provider’s stock valued at $81,000 after acquiring an additional 209 shares during the period. Finally, CIBC Asset Management Inc lifted its holdings in shares of Zillow Group by 3.0% during the fourth quarter. CIBC Asset Management Inc now owns 7,550 shares of the financial services provider’s stock valued at $515,000 after acquiring an additional 220 shares during the period. Institutional investors and hedge funds own 71.01% of the company’s stock.

Insider Activity

In related news, Director Erik C. Blachford sold 791 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $34.80, for a total transaction of $27,526.80. Following the completion of the sale, the director directly owned 34,952 shares of the company’s stock, valued at $1,216,329.60. The trade was a 2.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Bradley D. Owens sold 3,364 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $37.23, for a total transaction of $125,241.72. Following the completion of the transaction, the general counsel owned 65,245 shares in the company, valued at $2,429,071.35. This represents a 4.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 42,910 shares of company stock worth $1,605,732. Corporate insiders own 25.03% of the company’s stock.

Zillow Group Stock Down 3.8%

Zillow Group stock opened at $32.01 on Thursday. The stock has a 50-day simple moving average of $39.20 and a 200 day simple moving average of $51.15. Zillow Group, Inc. has a 12-month low of $31.49 and a 12-month high of $93.88. The stock has a market capitalization of $7.32 billion, a price-to-earnings ratio of 128.04, a P/E/G ratio of 1.42 and a beta of 1.97.

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

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Wall Street Zen raised Zillow Group from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Zacks Research cut Zillow Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 4th. Keefe, Bruyette & Woods cut their price objective on Zillow Group from $60.00 to $50.00 and set a “market perform” rating for the company in a report on Thursday, May 7th. UBS Group cut their price objective on Zillow Group from $80.00 to $75.00 and set a “buy” rating for the company in a report on Tuesday, April 28th. Finally, JPMorgan Chase & Co. cut their price objective on Zillow Group from $84.00 to $76.00 and set an “overweight” rating for the company in a report on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Zillow Group has a consensus rating of “Moderate Buy” and an average price target of $76.00.

Trending Headlines about Zillow Group

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

• Negative Sentiment: Multiple law firms announced or promoted securities class action lawsuits against Zillow Group over alleged anticompetitive conduct and alleged violations of federal securities laws, increasing legal and regulatory uncertainty for shareholders. Z, ZG Breaking News: Zillow Sued for Securities Fraud after FTC Lawsuit Leads to 17% Stock Drop
• Negative Sentiment: Several notices highlight an August 10, 2026 deadline for investors who purchased Zillow Class A or Class C shares during the class period to seek lead plaintiff status, keeping the lawsuit in focus and potentially extending pressure on the stock. Deadline Alert: Zillow Group, Inc. (Z, ZG) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
• Neutral Sentiment: Zacks published a positive-style growth-stock note on Zillow, but it appears to be educational commentary rather than a material business update, so its market impact is likely limited. Here’s Why Zillow (Z) is a Strong Growth Stock
• Neutral Sentiment: Zillow also drew a separate consumer-facing article about home value and paint colors, which is not likely to materially move the stock. The retro bedroom color that adds $2,277 to your home’s value, according to Zillow

Zillow Group Company Profile

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.