Jun Choo Sells 1,277 Shares of Zillow Group, Inc. (NASDAQ:ZG) Stock

Zillow Group, Inc. (NASDAQ:ZG) COO Jun Choo sold 1,277 shares of the business’s stock in a transaction that occurred 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 of the company’s stock, valued at $6,750,215.16. This trade represents a 1.45 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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 Stock Up 2.0 %

NASDAQ ZG opened at $76.89 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. The stock’s fifty day moving average price is $75.58 and its 200 day moving average price is $65.99. Zillow Group, Inc. has a 1 year low of $38.06 and a 1 year high of $86.58.

Zillow Group (NASDAQ:ZG) last posted its quarterly earnings results on Tuesday, February 11th. The technology company reported ($0.22) EPS for the quarter, missing the consensus estimate 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 anticipate that Zillow Group, Inc. will post -0.42 EPS for the current fiscal year.

Institutional Investors Weigh In On Zillow Group

Several hedge funds have recently added to or reduced their stakes in ZG. Pilgrim Partners Asia Pte Ltd purchased a new stake in Zillow Group in the fourth quarter valued at $27,000. Blue Trust Inc. boosted its holdings in Zillow Group by 70.2% in the fourth quarter. Blue Trust Inc. now owns 417 shares of the technology company’s stock valued at $30,000 after purchasing an additional 172 shares during the last quarter. Asset Dedication LLC purchased a new stake in Zillow Group in the fourth quarter valued at $47,000. Assetmark Inc. boosted its holdings in Zillow Group by 18,875.0% in the fourth quarter. Assetmark Inc. now owns 759 shares of the technology company’s stock valued at $54,000 after purchasing an additional 755 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in Zillow Group by 24.0% in the fourth quarter. Jones Financial Companies Lllp now owns 821 shares of the technology company’s stock valued at $58,000 after purchasing an additional 159 shares during the last quarter. 20.32% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ZG has been the subject of a number of recent research reports. Canaccord Genuity Group boosted their price objective on shares of Zillow Group from $64.00 to $86.00 and gave the stock a “hold” rating in a research note on Monday, December 2nd. Citigroup boosted their price objective on shares of Zillow Group from $95.00 to $98.00 and gave the stock a “buy” rating in a research note on Thursday. UBS Group boosted their price objective on shares of Zillow Group from $90.00 to $98.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. Barclays upped their price target on Zillow Group from $36.00 to $50.00 and gave the stock an “underweight” rating in a research report on Friday, November 8th. Finally, Stephens reaffirmed an “overweight” rating and set a $73.00 price target on shares of Zillow Group in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $83.00.

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.