Headlines about Zillow Group (NASDAQ:Z) have been trending somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Zillow Group earned a news sentiment score of 0.20 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 45.3161522603214 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s analysis:
- Lloyd D. Frink Sells 13,600 Shares of Zillow Group, Inc. (Z) Stock (americanbankingnews.com)
- The RMR Group Announces Incentive Business Management Fees Earned in Calendar Year 2017 (businesswire.com)
- Real Estate Rumors: Quadrum, CMK, Everwood Hospitality (law360.com)
- Southern Maine’s real estate market still riding high, experts say (pressherald.com)
- Washington Prime Group Announces Tax Reporting Information for 2017 Distributions (markets.businessinsider.com)
Zillow Group (NASDAQ Z) opened at $42.58 on Friday. The company has a current ratio of 6.44, a quick ratio of 6.44 and a debt-to-equity ratio of 0.14. The company has a market cap of $5,380.00 and a P/E ratio of -193.55. Zillow Group has a fifty-two week low of $32.56 and a fifty-two week high of $51.23.
Several research analysts have weighed in on Z shares. Benchmark reissued a “buy” rating and issued a $55.00 price target on shares of Zillow Group in a report on Thursday, October 5th. Canaccord Genuity increased their price target on shares of Zillow Group from $52.00 to $53.00 and gave the company a “buy” rating in a report on Wednesday, November 8th. BidaskClub cut shares of Zillow Group from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. Finally, Morgan Stanley raised shares of Zillow Group from an “equal weight” rating to an “overweight” rating and set a $50.00 price target on the stock in a report on Wednesday, January 10th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Zillow Group has a consensus rating of “Buy” and a consensus target price of $48.81.
In other Zillow Group news, insider Greg M. Schwartz sold 3,750 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $41.42, for a total value of $155,325.00. Following the sale, the insider now owns 3,750 shares in the company, valued at $155,325. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Vice Chairman Lloyd D. Frink sold 13,600 shares of the firm’s stock in a transaction that occurred on Monday, October 23rd. The shares were sold at an average price of $41.04, for a total transaction of $558,144.00. Following the completion of the sale, the insider now owns 4,416,408 shares in the company, valued at approximately $181,249,384.32. The disclosure for this sale can be found here. Insiders sold 692,391 shares of company stock worth $28,106,894 in the last 90 days. Company insiders own 21.72% of the company’s stock.
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About Zillow Group
Zillow Group, Inc operates real estate and home-related information marketplaces on mobile and the Web in the United States. The company offers a portfolio of brands and products to enable people find information about homes and connect with local professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.
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