Jun Choo Sells 1,277 Shares of Zillow Group, Inc. (NASDAQ:ZG) Stock

Zillow Group, Inc. (NASDAQ:ZG - Get Free Report) COO Jun Choo sold 1,277 shares of the firm's stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $77.72, for a total transaction of $99,248.44. Following the completion of the transaction, the chief operating officer now owns 86,853 shares in the company, valued at approximately $6,750,215.16. The trade was a 1.45 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Jun Choo also recently made the following trade(s):

• On Tuesday, November 19th, Jun Choo sold 10,000 shares of Zillow Group stock. The stock was sold at an average price of $75.10, for a total value of $751,000.00.

Zillow Group Price Performance

Shares of NASDAQ ZG traded up $0.41 during midday trading on Tuesday, reaching $77.30. The company's stock had a trading volume of 788,859 shares, compared to its average volume of 554,702. Zillow Group, Inc. has a one year low of $38.06 and a one year high of $86.58. The company has a market cap of $18.05 billion, a price-to-earnings ratio of -135.61, a price-to-earnings-growth ratio of 15.65 and a beta of 2.09. The company has a 50 day moving average price of $75.51 and a 200 day moving average price of $66.72. The company has a current ratio of 3.13, a quick ratio of 3.13 and a debt-to-equity ratio of 0.11.

Zillow Group (NASDAQ:ZG - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The technology company reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.48). Zillow Group had a negative net margin of 6.17% and a negative return on equity of 2.33%. On average, equities research analysts expect that Zillow Group, Inc. will post -0.42 EPS for the current year.

Hedge Funds Weigh In On Zillow Group

A number of hedge funds and other institutional investors have recently modified their holdings of ZG. Pilgrim Partners Asia Pte Ltd acquired a new position in Zillow Group in the 4th quarter worth approximately $27,000. Blue Trust Inc. raised its stake in Zillow Group by 70.2% during the 4th quarter. Blue Trust Inc. now owns 417 shares of the technology company's stock valued at $30,000 after purchasing an additional 172 shares during the period. Asset Dedication LLC purchased a new stake in shares of Zillow Group in the fourth quarter valued at $47,000. Assetmark Inc. boosted its position in shares of Zillow Group by 18,875.0% in the fourth quarter. Assetmark Inc. now owns 759 shares of the technology company's stock worth $54,000 after buying an additional 755 shares during the period. Finally, Jones Financial Companies Lllp grew its holdings in shares of Zillow Group by 24.0% during the fourth quarter. Jones Financial Companies Lllp now owns 821 shares of the technology company's stock valued at $58,000 after buying an additional 159 shares in the last quarter. Institutional investors and hedge funds own 20.32% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently commented on ZG. Royal Bank of Canada restated an "outperform" rating and set a $88.00 price target on shares of Zillow Group in a research report on Wednesday, February 12th. UBS Group raised their price target on shares of Zillow Group from $90.00 to $98.00 and gave the company a "buy" rating in a research note on Monday, January 27th. Baird R W upgraded Zillow Group to a "hold" rating in a research report on Friday, January 31st. Robert W. Baird assumed coverage on Zillow Group in a research report on Friday, January 31st. They issued a "neutral" rating and a $88.00 target price on the stock. Finally, Stephens reaffirmed an "overweight" rating and set a $73.00 target price on shares of Zillow Group in a research note on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $83.00.

About Zillow Group

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.