Zillow Group, Inc. (NASDAQ:Z) CAO Jennifer Rock Sells 8,225 Shares

Zillow Group, Inc. (NASDAQ:Z) CAO Jennifer Rock sold 8,225 shares of Zillow Group stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $73.05, for a total value of $600,836.25. Following the transaction, the chief accounting officer now owns 61,424 shares of the company’s stock, valued at $4,487,023.20. This represents a 11.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• On Wednesday, November 13th, Jennifer Rock sold 3,187 shares of Zillow Group stock. The stock was sold at an average price of $74.00, for a total transaction of $235,838.00.
• On Monday, August 19th, Jennifer Rock sold 3,650 shares of Zillow Group stock. The shares were sold at an average price of $54.71, for a total transaction of $199,691.50.

Zillow Group Stock Down 1.7 %

NASDAQ Z opened at $73.04 on Monday. The business has a fifty day moving average price of $63.61 and a two-hundred day moving average price of $53.20. The stock has a market capitalization of $16.90 billion, a PE ratio of -128.14 and a beta of 1.95. Zillow Group, Inc. has a fifty-two week low of $37.63 and a fifty-two week high of $76.69. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.13 and a quick ratio of 3.13.

Analyst Ratings Changes

Z has been the topic of several research reports. Jefferies Financial Group upped their target price on Zillow Group from $80.00 to $90.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. Cantor Fitzgerald upgraded Zillow Group to a “hold” rating in a research report on Thursday, September 5th. UBS Group upgraded shares of Zillow Group to a “strong-buy” rating in a research note on Thursday, August 8th. Bank of America boosted their price objective on shares of Zillow Group from $54.00 to $71.00 and gave the company a “neutral” rating in a report on Friday, October 18th. Finally, Craig Hallum upgraded shares of Zillow Group to a “strong-buy” rating in a research report on Thursday, August 8th. Four research analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $70.33.

Institutional Trading of Zillow Group

Several large investors have recently bought and sold shares of the business. Groupama Asset Managment acquired a new position in Zillow Group during the third quarter worth about $83,005,000. Nomura Asset Management Co. Ltd. lifted its stake in shares of Zillow Group by 15.1% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 45,760 shares of the financial services provider’s stock valued at $2,922,000 after acquiring an additional 6,000 shares during the last quarter. XTX Topco Ltd boosted its holdings in shares of Zillow Group by 34.9% during the 3rd quarter. XTX Topco Ltd now owns 14,083 shares of the financial services provider’s stock valued at $899,000 after acquiring an additional 3,647 shares in the last quarter. Quantinno Capital Management LP raised its position in Zillow Group by 130.7% in the third quarter. Quantinno Capital Management LP now owns 14,245 shares of the financial services provider’s stock valued at $910,000 after purchasing an additional 8,070 shares during the last quarter. Finally, Quarry LP boosted its stake in shares of Zillow Group by 62.4% during the third quarter. Quarry LP now owns 2,131 shares of the financial services provider’s stock valued at $136,000 after purchasing an additional 819 shares in the last quarter. 71.01% of the stock is owned by institutional investors and hedge funds.

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.