Zillow Group Inc (Z) CAO Jennifer Rock Sells 1,972 Shares

Zillow Group Inc (NASDAQ:Z) CAO Jennifer Rock sold 1,972 shares of the stock in a transaction on Monday, May 20th. The shares were sold at an average price of $40.30, for a total value of $79,471.60. Following the completion of the sale, the chief accounting officer now owns 35,748 shares of the company’s stock, valued at $1,440,644.40. The sale was disclosed in a filing with the SEC, which is available at this link.

Jennifer Rock also recently made the following trade(s):

  • On Wednesday, May 15th, Jennifer Rock sold 4,406 shares of Zillow Group stock. The shares were sold at an average price of $37.64, for a total value of $165,841.84.
  • On Tuesday, February 26th, Jennifer Rock sold 15,912 shares of Zillow Group stock. The shares were sold at an average price of $43.10, for a total value of $685,807.20.

NASDAQ:Z opened at $42.25 on Thursday. 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 1-year low of $26.38 and a 1-year high of $65.70.

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

Large investors have recently bought and sold shares of the business. Hsbc Holdings PLC lifted its position in shares of Zillow Group by 29,385.7% during the first quarter. Hsbc Holdings PLC now owns 5,279,410 shares of the financial services provider’s stock worth $183,407,000 after purchasing an additional 5,261,505 shares during the last quarter. Nikko Asset Management Americas Inc. lifted its position in shares of Zillow Group by 253.8% during the fourth quarter. Nikko Asset Management Americas Inc. now owns 2,661,612 shares of the financial services provider’s stock worth $84,054,000 after purchasing an additional 1,909,311 shares during the last quarter. SRS Investment Management LLC lifted its position in shares of Zillow Group by 56.3% during the first quarter. SRS Investment Management LLC now owns 4,403,868 shares of the financial services provider’s stock worth $152,990,000 after purchasing an additional 1,587,173 shares during the last quarter. Norges Bank bought a new position in shares of Zillow Group during the fourth quarter worth about $38,869,000. Finally, Eagle Asset Management Inc. bought a new position in shares of Zillow Group during the fourth quarter worth about $36,824,000. 75.01% of the stock is owned by institutional investors.

Several analysts recently issued reports on the company. BidaskClub upgraded Zillow Group from a “sell” rating to a “hold” rating in a report on Wednesday, May 15th. Cowen upgraded Zillow Group from a “market perform” rating to an “outperform” rating in a report on Monday, April 8th. Finally, Bank of America upped their price objective on shares of Zillow Group from $31.00 to $35.00 and gave the company an “underperform” rating in a research report on Friday, May 10th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $39.41.

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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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