Zillow Group Inc (NASDAQ:Z) insider Jeremy Wacksman sold 600 shares of the firm’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $34.45, for a total transaction of $20,670.00. Following the completion of the transaction, the insider now directly owns 36,620 shares of the company’s stock, valued at approximately $1,261,559. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of NASDAQ:Z traded up $0.07 during midday trading on Monday, reaching $36.01. The company’s stock had a trading volume of 1,979,655 shares, compared to its average volume of 3,057,456. Zillow Group Inc has a twelve month low of $26.38 and a twelve month high of $51.47. The stock has a fifty day moving average of $46.03 and a 200 day moving average of $40.72. The company has a quick ratio of 3.98, a current ratio of 3.67 and a debt-to-equity ratio of 0.28.
Zillow Group (NASDAQ:Z) last released its quarterly earnings data on Wednesday, August 7th. The financial services provider reported ($0.35) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.14) by ($0.21). The business had revenue of $599.58 million during the quarter. Zillow Group had a negative return on equity of 5.12% and a negative net margin of 13.49%.
A number of research analysts have issued reports on Z shares. Morgan Stanley decreased their price target on shares of Zillow Group from $39.00 to $37.00 and set an “equal weight” rating for the company in a report on Thursday, August 8th. Bank of America increased their price objective on shares of Zillow Group from $31.00 to $35.00 and gave the stock an “underperform” rating in a research note on Friday, May 10th. BidaskClub lowered shares of Zillow Group from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 13th. ValuEngine upgraded shares of Zillow Group from a “hold” rating to a “buy” rating in a research note on Thursday, August 1st. Finally, Standpoint Research lowered shares of Zillow Group from a “buy” rating to a “hold” rating in a research note on Tuesday, July 16th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company. Zillow Group presently has a consensus rating of “Hold” and a consensus target price of $41.26.
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.
Further Reading: Growth and Income Funds
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