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

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

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

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

Zillow Group Stock Up 0.8 %

Shares of Z stock traded up $0.61 during trading hours on Tuesday, reaching $80.58. The company had a trading volume of 2,013,912 shares, compared to its average volume of 2,932,471. The company has a market capitalization of $18.82 billion, a P/E ratio of -141.37, a price-to-earnings-growth ratio of 16.20 and a beta of 2.03. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.13 and a current ratio of 3.13. Zillow Group, Inc. has a twelve month low of $38.45 and a twelve month high of $89.39. The stock's fifty day simple moving average is $78.60 and its 200 day simple moving average is $68.93.

Zillow Group (NASDAQ:Z - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The financial services provider 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%. As a group, sell-side analysts expect that Zillow Group, Inc. will post -0.42 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Zillow Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Livforsakringsbolaget Skandia Omsesidigt grew its stake in Zillow Group by 400.0% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 500 shares of the financial services provider's stock valued at $32,000 after purchasing an additional 400 shares in the last quarter. V Square Quantitative Management LLC acquired a new stake in shares of Zillow Group during the third quarter worth approximately $35,000. Blue Trust Inc. grew its position in shares of Zillow Group by 66.3% during the third quarter. Blue Trust Inc. now owns 785 shares of the financial services provider's stock worth $50,000 after buying an additional 313 shares in the last quarter. National Bank of Canada FI bought a new stake in shares of Zillow Group in the fourth quarter worth $55,000. Finally, Assetmark Inc. raised its holdings in Zillow Group by 7,410.0% in the fourth quarter. Assetmark Inc. now owns 751 shares of the financial services provider's stock valued at $56,000 after acquiring an additional 741 shares in the last quarter. Hedge funds and other institutional investors own 71.01% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently commented on Z. Needham & Company LLC reaffirmed a "hold" rating on shares of Zillow Group in a research note on Wednesday, February 12th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Zillow Group from $90.00 to $95.00 and gave the stock a "buy" rating in a research note on Tuesday, February 11th. Morgan Stanley upped their price objective on Zillow Group from $60.00 to $75.00 and gave the stock an "equal weight" rating in a report on Monday, January 13th. Baird R W raised Zillow Group to a "hold" rating in a research report on Friday, January 31st. Finally, KeyCorp raised Zillow Group from a "hold" rating to a "strong-buy" rating in a research report on Sunday, February 2nd. Five research analysts have rated the stock with a hold rating, four have issued a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $82.00.

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.