Zillow Group, Inc. (NASDAQ:Z) Shares Bought by ERn Financial LLC

ERn Financial LLC boosted its stake in Zillow Group, Inc. (NASDAQ:Z) by 11.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,239 shares of the financial services provider’s stock after buying an additional 1,135 shares during the quarter. ERn Financial LLC’s holdings in Zillow Group were worth $832,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. Livforsakringsbolaget Skandia Omsesidigt lifted its stake in shares of Zillow Group by 400.0% during the 3rd 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 Zillow Group during the 3rd quarter worth approximately $35,000. Blue Trust Inc. raised its stake in shares of Zillow Group by 66.3% in the 3rd quarter. Blue Trust Inc. now owns 785 shares of the financial services provider’s stock valued at $50,000 after acquiring an additional 313 shares during the period. Quarry LP purchased a new stake in shares of Zillow Group in the second quarter worth about $61,000. Finally, Brooklyn Investment Group acquired a new stake in Zillow Group in the third quarter valued at approximately $74,000. Institutional investors and hedge funds own 71.01% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on Z shares. Bank of America lifted their price objective on Zillow Group from $54.00 to $71.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. Needham & Company LLC reissued a “hold” rating on shares of Zillow Group in a report on Thursday, November 7th. Jefferies Financial Group raised their target price on shares of Zillow Group from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. Finally, Morgan Stanley lifted their price target on Zillow Group from $60.00 to $75.00 and gave the company an “equal weight” rating in a report on Monday. Four 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 stock. According to data from MarketBeat, Zillow Group has a consensus rating of “Moderate Buy” and a consensus price target of $72.83.

Insider Activity at Zillow Group

In other news, CAO Jennifer Rock sold 3,033 shares of the stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $82.78, for a total transaction of $251,071.74. Following the completion of the transaction, the chief accounting officer now directly owns 57,166 shares in the company, valued at $4,732,201.48. This represents a 5.04 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CTO David A. Beitel sold 56,750 shares of Zillow Group stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $72.39, for a total value of $4,108,132.50. Following the transaction, the chief technology officer now owns 92 shares of the company’s stock, valued at $6,659.88. The trade was a 99.84 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 139,689 shares of company stock worth $10,395,879. 23.76% of the stock is owned by corporate insiders.

Zillow Group Trading Up 4.8 %

Zillow Group stock opened at $75.32 on Thursday. The firm has a fifty day moving average price of $77.59 and a two-hundred day moving average price of $63.48. Zillow Group, Inc. has a fifty-two week low of $38.45 and a fifty-two week high of $86.88. 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 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.