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

Zillow Group, Inc. (NASDAQ:Z) COO Jun Choo sold 1,277 shares of the stock in a transaction 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 completion of the transaction, the chief operating officer now directly owns 86,853 shares in the company, valued at $6,750,215.16. The trade was a 1.45 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

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

Zillow Group Trading Up 1.6 %

Z stock opened at $79.97 on Friday. The firm’s 50-day moving average price is $78.64 and its two-hundred day moving average price is $68.55. 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 12-month low of $38.45 and a 12-month high of $89.39.

Zillow Group (NASDAQ:Z) last announced its quarterly earnings results on Tuesday, February 11th. The financial services provider reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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, analysts expect that Zillow Group, Inc. will post -0.42 EPS for the current year.

Wall Street Analyst Weigh In

Z has been the subject of several research analyst reports. Needham & Company LLC reaffirmed a “hold” rating on shares of Zillow Group in a research note on Wednesday. Wedbush reaffirmed an “outperform” rating and issued a $100.00 target price on shares of Zillow Group in a research note on Wednesday. Baird R W raised shares of Zillow Group to a “hold” rating in a research note on Friday, January 31st. Jefferies Financial Group upped their price objective on shares of Zillow Group from $80.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Finally, Morgan Stanley lifted their target price on shares of Zillow Group from $60.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Monday, January 13th. Five equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, Zillow Group has an average rating of “Moderate Buy” and an average price target of $82.00.

Institutional Trading of Zillow Group

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