Zillow Group, Inc. (NASDAQ:Z) CAO Jennifer Rock Sells 3,033 Shares of Stock

Zillow Group, Inc. (NASDAQ:Z) CAO Jennifer Rock sold 3,033 shares of the business’s stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $82.78, for a total transaction of $251,071.74. Following the completion of the transaction, the chief accounting officer now directly owns 57,166 shares of the company’s stock, valued at approximately $4,732,201.48. This represents a 5.04 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Jennifer Rock also recently made the following trade(s):

• On Friday, November 15th, Jennifer Rock sold 8,225 shares of Zillow Group stock. The shares were sold at an average price of $73.05, for a total transaction of $600,836.25.
• On Wednesday, November 13th, Jennifer Rock sold 3,187 shares of Zillow Group stock. The stock was sold at an average price of $74.00, for a total transaction of $235,838.00.

Zillow Group Price Performance

Shares of Zillow Group stock opened at $82.04 on Tuesday. Zillow Group, Inc. has a 52 week low of $38.45 and a 52 week high of $86.88. The company has a market cap of $19.16 billion, a PE ratio of -143.93 and a beta of 2.01. The business has a 50 day moving average of $69.83 and a 200 day moving average of $57.65. The company has a quick ratio of 3.13, a current ratio of 3.13 and a debt-to-equity ratio of 0.11.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of Z. SG Americas Securities LLC grew its holdings in shares of Zillow Group by 146.8% during the second quarter. SG Americas Securities LLC now owns 146,246 shares of the financial services provider’s stock valued at $6,784,000 after buying an additional 87,000 shares during the last quarter. Wedmont Private Capital boosted its stake in Zillow Group by 5.0% during the 2nd quarter. Wedmont Private Capital now owns 26,169 shares of the financial services provider’s stock valued at $1,316,000 after purchasing an additional 1,249 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Zillow Group by 12.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,093 shares of the financial services provider’s stock worth $283,000 after purchasing an additional 666 shares in the last quarter. Kessler Investment Group LLC raised its stake in shares of Zillow Group by 7.1% in the second quarter. Kessler Investment Group LLC now owns 99,934 shares of the financial services provider’s stock worth $4,636,000 after purchasing an additional 6,646 shares during the last quarter. Finally, Coronation Fund Managers Ltd. lifted its holdings in shares of Zillow Group by 238.9% during the second quarter. Coronation Fund Managers Ltd. now owns 864,733 shares of the financial services provider’s stock valued at $40,115,000 after purchasing an additional 609,575 shares in the last quarter. 71.01% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on Z shares. Jefferies Financial Group lifted their price target on Zillow Group from $80.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. Wedbush upgraded Zillow Group from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $50.00 to $80.00 in a research report on Monday, September 16th. Bank of America increased their price target on shares of Zillow Group from $54.00 to $71.00 and gave the company a “neutral” rating in a research report on Friday, October 18th. Morgan Stanley boosted their price objective on shares of Zillow Group from $46.00 to $60.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 2nd. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Zillow Group in a report on Thursday, November 7th. Four research analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Zillow Group currently has a consensus rating of “Moderate Buy” and an average price target of $70.33.

Zillow Group Company Profile

Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.