Zillow Group, Inc. (NASDAQ:Z) CAO Jennifer Rock Sells 3,187 Shares of Stock

Zillow Group, Inc. (NASDAQ:Z) CAO Jennifer Rock sold 3,187 shares of the stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $74.00, for a total value of $235,838.00. Following the transaction, the chief accounting officer now owns 69,649 shares in the company, valued at $5,154,026. This trade represents a 4.38 % decrease in their ownership of the stock. The transaction 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 Friday, November 15th, Jennifer Rock sold 8,225 shares of Zillow Group stock. The stock was sold at an average price of $73.05, for a total transaction of $600,836.25.
• On Monday, August 19th, Jennifer Rock sold 3,650 shares of Zillow Group stock. The stock was sold at an average price of $54.71, for a total transaction of $199,691.50.

Zillow Group Stock Down 1.7 %

Shares of Zillow Group stock opened at $73.04 on Friday. Zillow Group, Inc. has a 1-year low of $37.63 and a 1-year high of $76.69. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.13 and a current ratio of 3.13. The business has a 50-day moving average of $63.61 and a 200-day moving average of $53.05.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Jefferies Financial Group boosted their price target 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 raised shares of Zillow Group to a “hold” rating in a research note on Thursday, September 5th. Craig Hallum upgraded Zillow Group to a “strong-buy” rating in a report on Thursday, August 8th. UBS Group upgraded Zillow Group to a “strong-buy” rating in a research note on Thursday, August 8th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Zillow Group from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Friday, August 9th. Four analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $70.33.

Institutional Investors Weigh In On Zillow Group

A number of hedge funds have recently bought and sold shares of the business. Larson Financial Group LLC raised its position in shares of Zillow Group by 364.4% in the 2nd quarter. Larson Financial Group LLC now owns 613 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 481 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt raised its holdings in Zillow Group by 400.0% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 500 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 400 shares in the last quarter. V Square Quantitative Management LLC acquired a new stake in Zillow Group in the third quarter valued at $35,000. Blue Trust Inc. boosted its stake in Zillow Group by 66.3% during the 3rd quarter. Blue Trust Inc. now owns 785 shares of the financial services provider’s stock valued at $50,000 after acquiring an additional 313 shares during the last quarter. Finally, Quarry LP acquired a new position in Zillow Group during the 2nd quarter worth $61,000. Institutional investors and hedge funds own 71.01% of the company’s stock.

Zillow Group Company Profile

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.