Insider Selling: Zillow Group, Inc. (NASDAQ:Z) Insider Sells 3,694 Shares of Stock

Zillow Group, Inc. (NASDAQ:Z) insider Susan Daimler sold 3,694 shares of the company’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $73.98, for a total transaction of $273,282.12. Following the sale, the insider now directly owns 18,770 shares of the company’s stock, valued at approximately $1,388,604.60. This represents a 16.44 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Susan Daimler also recently made the following trade(s):

• On Tuesday, September 10th, Susan Daimler sold 3,484 shares of Zillow Group stock. The shares were sold at an average price of $54.18, for a total transaction of $188,763.12.

Zillow Group Price Performance

Shares of Z stock opened at $73.04 on Monday. The firm’s 50 day moving average price is $63.61 and its 200-day moving average price is $53.20. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.13 and a current ratio of 3.13. Zillow Group, Inc. has a one year low of $37.63 and a one year high of $76.69.

Analyst Ratings Changes

Several analysts recently issued reports on Z shares. Wedbush raised shares of Zillow Group from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $50.00 to $80.00 in a research note on Monday, September 16th. Cantor Fitzgerald upgraded shares of Zillow Group to a “hold” rating in a report on Thursday, September 5th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Zillow Group from $55.00 to $60.00 and gave the company a “buy” rating in a report on Friday, August 9th. Morgan Stanley boosted their target price on shares of Zillow Group from $46.00 to $60.00 and gave the company an “equal weight” rating in a report on Wednesday, October 2nd. Finally, Jefferies Financial Group boosted their target price on shares of Zillow Group from $80.00 to $90.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. Four investment analysts have rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $70.33.

Hedge Funds Weigh In On Zillow Group

Large investors have recently made changes to their positions in the stock. Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in shares of Zillow Group by 400.0% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 500 shares of the financial services provider’s stock worth $32,000 after acquiring an additional 400 shares during the last quarter. V Square Quantitative Management LLC acquired a new stake in Zillow Group during the 3rd quarter worth approximately $35,000. Larson Financial Group LLC lifted its holdings in Zillow Group by 364.4% during the 2nd quarter. Larson Financial Group LLC now owns 613 shares of the financial services provider’s stock worth $28,000 after buying an additional 481 shares in the last quarter. Blue Trust Inc. lifted its holdings in Zillow Group by 66.3% during the 3rd quarter. Blue Trust Inc. now owns 785 shares of the financial services provider’s stock worth $50,000 after buying an additional 313 shares in the last quarter. Finally, Brooklyn Investment Group acquired a new stake in Zillow Group during the 3rd quarter worth approximately $74,000. 71.01% of the stock is currently 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.