Zillow Group, Inc. (NASDAQ:Z) Insider Susan Daimler Sells 3,694 Shares

Zillow Group, Inc. (NASDAQ:Z - Get Free Report) insider Susan Daimler sold 3,694 shares of the business's stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $73.98, for a total value of $273,282.12. Following the completion of the transaction, the insider now directly owns 18,770 shares in the company, valued at approximately $1,388,604.60. This represents a 16.44 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Susan Daimler also recently made the following trade(s):

• On Tuesday, September 10th, Susan Daimler sold 3,484 shares of Zillow Group stock. The stock was sold at an average price of $54.18, for a total value of $188,763.12.

Zillow Group Trading Down 1.7 %

NASDAQ Z traded down $1.27 on Friday, reaching $73.04. The company had a trading volume of 2,931,536 shares, compared to its average volume of 3,765,898. The stock has a market cap of $16.90 billion, a price-to-earnings ratio of -128.14 and a beta of 1.95. The company has a quick ratio of 3.13, a current ratio of 3.13 and a debt-to-equity ratio of 0.11. The stock's 50 day moving average is $63.22 and its 200-day moving average is $52.84. Zillow Group, Inc. has a 52 week low of $37.63 and a 52 week high of $76.69.

Analyst Ratings Changes

A number of research firms have recently weighed in on Z. Needham & Company LLC restated a "hold" rating on shares of Zillow Group in a research report on Thursday, November 7th. UBS Group upgraded Zillow Group to a "strong-buy" rating in a research report on Thursday, August 8th. Bank of America boosted their target price on Zillow Group from $54.00 to $71.00 and gave the stock a "neutral" rating in a research report on Friday, October 18th. 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. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on Zillow Group from $55.00 to $60.00 and gave the stock a "buy" rating in a research report on Friday, August 9th. Four research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued 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 target price of $70.33.

Institutional Investors Weigh In On Zillow Group

Hedge funds have recently modified their holdings of the business. Larson Financial Group LLC raised its position in shares of Zillow Group by 364.4% during the second quarter. Larson Financial Group LLC now owns 613 shares of the financial services provider's stock worth $28,000 after purchasing an additional 481 shares during the period. Livforsakringsbolaget Skandia Omsesidigt raised its position in shares of Zillow Group by 400.0% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 500 shares of the financial services provider's stock worth $32,000 after purchasing an additional 400 shares during the period. V Square Quantitative Management LLC acquired a new stake in shares of Zillow Group during the third quarter worth about $35,000. Blue Trust Inc. raised 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 purchasing an additional 313 shares during the period. Finally, Quarry LP acquired a new stake in shares of Zillow Group during the second quarter worth about $61,000. Institutional investors and hedge funds own 71.01% of the company's stock.

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.

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