Zillow Group, Inc. (NASDAQ:Z) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Zillow Group, Inc. (NASDAQ:Z) have been given a consensus recommendation of “Moderate Buy” by the sixteen ratings firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, six have given a hold recommendation, six have issued a buy recommendation and three have assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $72.3750.

A number of equities research analysts recently weighed in on the stock. Zacks Research raised shares of Zillow Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 6th. JPMorgan Chase & Co. reduced their price objective on shares of Zillow Group from $84.00 to $76.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Weiss Ratings lowered shares of Zillow Group from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 22nd. Jefferies Financial Group dropped their target price on shares of Zillow Group from $75.00 to $60.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, Wall Street Zen raised Zillow Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th.

Zillow Group Stock Performance

NASDAQ Z opened at $33.85 on Thursday. The stock has a market capitalization of $7.74 billion, a P/E ratio of 135.40, a price-to-earnings-growth ratio of 1.36 and a beta of 1.98. Zillow Group has a 52 week low of $29.23 and a 52 week high of $93.88. The stock has a fifty day moving average of $34.52 and a 200-day moving average of $45.53.

Zillow Group (NASDAQ:Z) last issued its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $705.10 million. Equities research analysts forecast that Zillow Group will post 0.9 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, General Counsel Bradley D. Owens sold 3,364 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was 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 directly owned 65,245 shares in the company, valued at approximately $2,429,071.35. The trade was a 4.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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. Also, insider Dan Spaulding sold 3,078 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $37.40, for a total value of $115,117.20. Following the completion of the sale, the insider directly owned 49,696 shares of the company’s stock, valued at approximately $1,858,630.40. This trade represents a 5.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Insiders have sold a total of 42,910 shares of company stock valued at $1,605,732 in the last ninety days. 25.03% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Jain Global LLC bought a new stake in Zillow Group in the 3rd quarter valued at $6,220,000. Assenagon Asset Management S.A. boosted its stake in Zillow Group by 228.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 470,288 shares of the financial services provider’s stock worth $32,083,000 after purchasing an additional 327,076 shares during the period. Hidden Lake Asset Management LP bought a new position in Zillow Group during the 3rd quarter worth about $4,127,000. Baillie Gifford & Co. increased its holdings in Zillow Group by 11.4% during the 4th quarter. Baillie Gifford & Co. now owns 739,270 shares of the financial services provider’s stock worth $50,433,000 after purchasing an additional 75,682 shares in the last quarter. Finally, SG Americas Securities LLC raised its stake in shares of Zillow Group by 472.1% in the 4th quarter. SG Americas Securities LLC now owns 245,205 shares of the financial services provider’s stock valued at $16,728,000 after purchasing an additional 202,343 shares during the period. Institutional investors and hedge funds own 71.01% of the company’s stock.

Key Stories Impacting Zillow Group

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

• Negative Sentiment: Multiple law firms, including Rosen, Pomerantz, BFA, Glancy Prongay Wolke & Rotter, and Bronstein, Gewirtz & Grossman, announced or promoted securities class action lawsuits against Zillow, alleging investor harm and possible securities fraud tied to the period from February 11, 2025 through May 7, 2026. Article Title
• Negative Sentiment: News coverage says Zillow is facing investor backlash after its stock fell sharply following the announcement of an anticompetitive agreement involving Redfin, with plaintiffs arguing the company misled investors. Article Title
• Neutral Sentiment: Zillow research showed America’s housing deficit remained at 4.7 million homes in 2024, as a construction boom slowed the pace of new supply shortages; while this underscores the company’s housing-market relevance, it is not an immediate catalyst for the stock. Article Title
• Neutral Sentiment: Jefferies lowered its price target on Zillow to $60 from $75, but kept a buy rating, signaling some downside reassessment even as the firm remains constructive. Article Title

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.