Zillow Group, Inc. (NASDAQ:Z) General Counsel Bradley D. Owens Sells 1,846 Shares of Stock

Zillow Group, Inc. (NASDAQ:Z) General Counsel Bradley D. Owens sold 1,846 shares of the business’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $73.03, for a total transaction of $134,813.38. Following the sale, the general counsel now owns 29,893 shares in the company, valued at $2,183,085.79. The trade was a 5.82 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Zillow Group Price Performance

NASDAQ Z opened at $73.04 on Friday. 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 fifty-two week low of $37.63 and a fifty-two week high of $76.69. The business has a fifty day moving average of $63.61 and a 200-day moving average of $53.05.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in Z. Vanguard Group Inc. grew its holdings in shares of Zillow Group by 0.8% during the first quarter. Vanguard Group Inc. now owns 21,313,573 shares of the financial services provider’s stock worth $1,039,676,000 after buying an additional 176,449 shares in the last quarter. Capital World Investors boosted its position in Zillow Group by 2.8% during the first quarter. Capital World Investors now owns 8,846,232 shares of the financial services provider’s stock worth $431,519,000 after acquiring an additional 238,554 shares during the last quarter. FMR LLC grew its stake in Zillow Group by 179.5% in the 3rd quarter. FMR LLC now owns 5,095,336 shares of the financial services provider’s stock worth $325,337,000 after acquiring an additional 3,272,118 shares during the period. Dorsal Capital Management LP raised its holdings in Zillow Group by 59.8% in the 2nd quarter. Dorsal Capital Management LP now owns 3,100,000 shares of the financial services provider’s stock valued at $143,809,000 after acquiring an additional 1,160,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Zillow Group by 10.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,423,257 shares of the financial services provider’s stock worth $66,032,000 after purchasing an additional 139,489 shares during the period. Institutional investors and hedge funds own 71.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on Z shares. Bank of America boosted their price objective on shares of Zillow Group from $54.00 to $71.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. Jefferies Financial Group boosted their price target on Zillow Group from $80.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. Cantor Fitzgerald upgraded Zillow Group to a “hold” rating in a report on Thursday, September 5th. Deutsche Bank Aktiengesellschaft lifted their price objective on Zillow Group from $55.00 to $60.00 and gave the stock a “buy” rating in a report on Friday, August 9th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Zillow Group in a report on Thursday, November 7th. Four equities research analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $70.33.

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.