Zillow Group Inc (Z) Insider Jeremy Wacksman Sells 579 Shares

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Zillow Group Inc (NASDAQ:Z) insider Jeremy Wacksman sold 579 shares of the firm’s stock in a transaction dated Thursday, May 16th. The stock was sold at an average price of $39.41, for a total value of $22,818.39. Following the sale, the insider now directly owns 39,075 shares of the company’s stock, valued at $1,539,945.75. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Jeremy Wacksman also recently made the following trade(s):

  • On Monday, May 20th, Jeremy Wacksman sold 1,855 shares of Zillow Group stock. The stock was sold at an average price of $40.93, for a total value of $75,925.15.

Shares of Z stock traded up $0.12 during trading on Monday, reaching $40.37. The company had a trading volume of 3,411,402 shares, compared to its average volume of 3,175,270. The company has a debt-to-equity ratio of 0.25, a current ratio of 4.73 and a quick ratio of 3.98. Zillow Group Inc has a one year low of $26.38 and a one year high of $65.70.

Zillow Group (NASDAQ:Z) last issued its quarterly earnings data on Thursday, May 9th. The financial services provider reported ($0.33) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.19) by ($0.14). Zillow Group had a negative net margin of 11.35% and a negative return on equity of 3.18%. The company had revenue of $454.10 million during the quarter.

A number of equities research analysts have recently weighed in on the company. Bank of America downgraded Zillow Group from a “neutral” rating to an “underperform” rating and set a $31.00 price target for the company. in a research note on Friday, February 22nd. BidaskClub raised Zillow Group from a “sell” rating to a “hold” rating in a research note on Wednesday, May 15th. Finally, Cowen raised Zillow Group from a “market perform” rating to an “outperform” rating in a research note on Monday, April 8th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $39.41.

Several hedge funds have recently modified their holdings of the stock. Ameritas Investment Corp raised its stake in shares of Zillow Group by 1,856.1% in the 1st quarter. Ameritas Investment Corp now owns 1,604 shares of the financial services provider’s stock valued at $56,000 after acquiring an additional 1,522 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. raised its stake in shares of Zillow Group by 34.8% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,609 shares of the financial services provider’s stock valued at $125,000 after acquiring an additional 932 shares in the last quarter. Schonfeld Strategic Advisors LLC increased its position in Zillow Group by 39.0% in the 1st quarter. Schonfeld Strategic Advisors LLC now owns 39,532 shares of the financial services provider’s stock worth $1,374,000 after buying an additional 11,084 shares during the period. M&T Bank Corp bought a new position in Zillow Group in the 1st quarter worth approximately $211,000. Finally, Metropolitan Life Insurance Co NY increased its position in Zillow Group by 42.3% in the 1st quarter. Metropolitan Life Insurance Co NY now owns 10,805 shares of the financial services provider’s stock worth $491,000 after buying an additional 3,212 shares during the period. 67.19% of the stock is currently owned by institutional investors and hedge funds.

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Zillow Group Company Profile

Zillow Group, Inc operates real estate and home-related brands on mobile and the Web in the United States. The company offers a portfolio of brands and products to empowering consumers with unparalleled data, inspiration, and knowledge around homes and connecting them with real estate professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.

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Insider Buying and Selling by Quarter for Zillow Group (NASDAQ:Z)

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