26,096 Shares in Zillow Group, Inc. (NASDAQ:Z) Acquired by Donoghue Forlines LLC

Donoghue Forlines LLC acquired a new stake in Zillow Group, Inc. (NASDAQ:Z) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 26,096 shares of the financial services provider’s stock, valued at approximately $1,932,000.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC boosted its holdings in Zillow Group by 2.4% in the third quarter. Brighton Jones LLC now owns 6,953 shares of the financial services provider’s stock valued at $444,000 after purchasing an additional 166 shares in the last quarter. Arkadios Wealth Advisors lifted its position in shares of Zillow Group by 0.5% during the 3rd quarter. Arkadios Wealth Advisors now owns 41,430 shares of the financial services provider’s stock worth $2,645,000 after buying an additional 198 shares during the last quarter. Rosenberg Matthew Hamilton boosted its holdings in shares of Zillow Group by 17.9% in the 4th quarter. Rosenberg Matthew Hamilton now owns 1,617 shares of the financial services provider’s stock valued at $120,000 after buying an additional 245 shares in the last quarter. Mirador Capital Partners LP grew its position in shares of Zillow Group by 1.5% in the 4th quarter. Mirador Capital Partners LP now owns 19,955 shares of the financial services provider’s stock valued at $1,478,000 after buying an additional 292 shares during the last quarter. Finally, Doliver Advisors LP raised its stake in Zillow Group by 3.3% during the 3rd quarter. Doliver Advisors LP now owns 9,681 shares of the financial services provider’s stock worth $618,000 after acquiring an additional 310 shares in the last quarter. 71.01% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Zillow Group

In other news, CTO David A. Beitel sold 56,750 shares of Zillow Group stock in a transaction on Friday, November 15th. The stock was sold at an average price of $72.39, for a total value of $4,108,132.50. Following the completion of the sale, the chief technology officer now owns 92 shares of the company’s stock, valued at $6,659.88. The trade was a 99.84 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Jennifer Rock sold 3,187 shares of the stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $74.00, for a total value of $235,838.00. Following the transaction, the chief accounting officer now owns 69,649 shares in the company, valued at $5,154,026. This trade represents a 4.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 139,689 shares of company stock valued at $10,395,879. 23.76% of the stock is owned by insiders.

Zillow Group Stock Down 0.5 %

Shares of NASDAQ Z opened at $78.70 on Thursday. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.13 and a quick ratio of 3.13. Zillow Group, Inc. has a 12-month low of $38.45 and a 12-month high of $86.88. The company has a market capitalization of $18.38 billion, a PE ratio of -137.72, a price-to-earnings-growth ratio of 13.37 and a beta of 2.02. The firm’s 50-day moving average is $77.96 and its two-hundred day moving average is $64.60.

Analyst Ratings Changes

A number of brokerages have recently commented on Z. Needham & Company LLC reaffirmed a “hold” rating on shares of Zillow Group in a report on Thursday, November 7th. Bank of America lifted their price objective on shares of Zillow Group from $54.00 to $71.00 and gave the company a “neutral” rating in a research note on Friday, October 18th. Jefferies Financial Group increased their target price on shares of Zillow Group from $80.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. Finally, Morgan Stanley boosted their price target on Zillow Group from $60.00 to $75.00 and gave the company an “equal weight” rating in a research report on Monday, January 13th. Four equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Zillow Group presently has an average rating of “Moderate Buy” and an average price target of $72.83.

Zillow Group 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.