Zillow Group, Inc. (NASDAQ:Z – Get Free Report) Director Thielke Claire Cormier sold 2,826 shares of the stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $61.11, for a total transaction of $172,696.86. Following the completion of the transaction, the director now directly owns 2,826 shares of the company’s stock, valued at $172,696.86. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Zillow Group Trading Up 0.4 %
NASDAQ:Z traded up $0.22 on Tuesday, hitting $62.81. 4,441,424 shares of the stock were exchanged, compared to its average volume of 3,859,141. The stock has a market cap of $14.83 billion, a PE ratio of -90.71 and a beta of 1.94. Zillow Group, Inc. has a fifty-two week low of $33.80 and a fifty-two week high of $64.24. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.11. The stock has a fifty day moving average of $52.11 and a 200-day moving average of $48.21.
Zillow Group (NASDAQ:Z – Get Free Report) last announced its quarterly earnings results on Wednesday, August 7th. The financial services provider reported ($0.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.13. Zillow Group had a negative net margin of 6.81% and a negative return on equity of 2.50%. The firm had revenue of $572.00 million for the quarter, compared to analysts’ expectations of $539.74 million. As a group, equities analysts expect that Zillow Group, Inc. will post -0.33 earnings per share for the current fiscal year.
Institutional Trading of Zillow Group
Wall Street Analyst Weigh In
Several equities analysts have weighed in on Z shares. Craig Hallum upgraded shares of Zillow Group to a “strong-buy” rating in a report on Thursday, August 8th. Cantor Fitzgerald raised Zillow Group to a “hold” rating in a research report on Thursday, September 5th. Deutsche Bank Aktiengesellschaft upped their price objective on Zillow Group from $55.00 to $60.00 and gave the company a “buy” rating in a research report on Friday, August 9th. UBS Group upgraded Zillow Group to a “strong-buy” rating in a report on Thursday, August 8th. Finally, Wedbush upgraded Zillow Group from a “neutral” rating to an “outperform” rating and upped their target price for the company from $50.00 to $80.00 in a research note on Monday. Three investment analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Zillow Group presently has an average rating of “Moderate Buy” and an average price target of $63.20.
View Our Latest Report on Zillow Group
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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