32,630 Shares in Zillow Group, Inc. $Z Acquired by SEB Asset Management AB

SEB Asset Management AB bought a new stake in Zillow Group, Inc. (NASDAQ:Z) during the first quarter, HoldingsChannel reports. The institutional investor bought 32,630 shares of the financial services provider’s stock, valued at approximately $1,350,000.

Other large investors have also recently bought and sold shares of the company. Assenagon Asset Management S.A. increased its stake in shares of Zillow Group by 228.4% during 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 last quarter. Baillie Gifford & Co. lifted its stake in Zillow Group by 11.4% in the 4th quarter. Baillie Gifford & Co. now owns 739,270 shares of the financial services provider’s stock valued at $50,433,000 after purchasing an additional 75,682 shares during the last quarter. SG Americas Securities LLC lifted its stake in 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 last quarter. IFP Advisors Inc grew its holdings in Zillow Group by 17,458.4% during the fourth quarter. IFP Advisors Inc now owns 73,921 shares of the financial services provider’s stock worth $5,043,000 after purchasing an additional 73,500 shares during the period. Finally, Robeco Institutional Asset Management B.V. grew its holdings in Zillow Group by 76.4% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 411,197 shares of the financial services provider’s stock worth $28,052,000 after purchasing an additional 178,118 shares during the period. Institutional investors and hedge funds own 71.01% of the company’s stock.

Insider Buying and Selling at Zillow Group

In other Zillow Group news, General Counsel Bradley D. Owens sold 3,364 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $37.23, for a total value of $125,241.72. Following the transaction, the general counsel directly owned 65,245 shares of the company’s stock, valued at $2,429,071.35. This represents a 4.90% decrease in their position. The sale was disclosed in a filing with the SEC, 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, CFO Jeremy Hofmann sold 5,501 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $37.40, for a total value of $205,737.40. Following the transaction, the chief financial officer owned 68,315 shares in the company, valued at $2,554,981. The trade was a 7.45% decrease in their position. 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. Insiders sold a total of 42,910 shares of company stock worth $1,605,732 in the last 90 days. Company insiders own 25.03% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Royal Bank Of Canada dropped their price objective on Zillow Group from $95.00 to $70.00 and set an “outperform” rating on the stock in a research note on Wednesday, June 10th. Wall Street Zen upgraded Zillow Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Keefe, Bruyette & Woods decreased their target price on Zillow Group from $50.00 to $37.00 and set a “market perform” rating on the stock in a report on Monday, July 13th. UBS Group dropped their price target on Zillow Group from $80.00 to $75.00 and set a “buy” rating on the stock in a research note on Tuesday, April 28th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on Zillow Group from $80.00 to $68.00 and set a “buy” rating for the company in a report on Friday, May 8th. Three research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $72.38.

Trending Headlines about Zillow Group

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

• Positive Sentiment: Zillow’s own rent data showed U.S. asking rents rose 2.2% year over year in June to $1,965, suggesting continued strength in rental pricing trends and demand. Rent is ticking up, but so are the deals
• Neutral Sentiment: Multiple law firms reiterated that investors who bought Zillow shares between February 11, 2025 and May 7, 2026 may be eligible to participate in an already-filed securities class action, with an August 10 lead-plaintiff deadline. ROSEN, THE FIRST FILING FIRM, Encourages Zillow Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – Z, ZG
• Neutral Sentiment: Additional firms published similar investor alerts and lawsuit notices, increasing attention on the litigation but not adding new operational information about the business. Zillow Group, Inc. (Z, ZG) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
• Neutral Sentiment: Other notices repeated the same class-action allegations and deadline reminders, reinforcing the legal overhang around Zillow Group (Z). Zillow Group Securities Fraud Class Action Arising from Alleged Anticompetitive Agreement and Related Regulatory Risks
• Negative Sentiment: The main stock-price headwind is the accumulation of securities-fraud lawsuits and investor reminders, which can weigh on sentiment by raising uncertainty about potential damages, legal costs, and regulatory scrutiny. Z, ZG Court Alert: Zillow Investors Seeking to Recover Losses in Securities Fraud Class Action are Notified to Contact BFA Law before August 10 Deadline

Zillow Group Stock Performance

Shares of Z opened at $29.58 on Friday. The firm has a market cap of $6.77 billion, a P/E ratio of 118.32, a price-to-earnings-growth ratio of 1.34 and a beta of 1.98. Zillow Group, Inc. has a 52 week low of $29.23 and a 52 week high of $93.88. The firm’s 50-day simple moving average is $33.58 and its 200 day simple moving average is $44.00.

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

Zillow Group 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.