Zillow Group, Inc. (NASDAQ:Z – Get Free Report) Director Erik C. Blachford sold 1,413 shares of Zillow Group stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $54.87, for a total value of $77,531.31. Following the sale, the director now directly owns 35,403 shares of the company’s stock, valued at approximately $1,942,562.61. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Zillow Group Stock Down 2.3 %
Z stock opened at $54.01 on Wednesday. The firm has a market cap of $12.76 billion, a PE ratio of -78.28 and a beta of 1.98. Zillow Group, Inc. has a one year low of $33.80 and a one year high of $61.13. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.12 and a current ratio of 2.12. The firm’s 50 day moving average price is $50.29 and its 200-day moving average price is $48.09.
Zillow Group (NASDAQ:Z – Get Free Report) last announced its earnings results on Wednesday, August 7th. The financial services provider reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.19) by $0.13. Zillow Group had a negative net margin of 6.81% and a negative return on equity of 2.50%. The company had revenue of $572.00 million during the quarter, compared to analyst estimates of $539.74 million. On average, equities research analysts anticipate that Zillow Group, Inc. will post -0.33 EPS for the current year.
Analyst Ratings Changes
Read Our Latest Stock Report on Z
Hedge Funds Weigh In On Zillow Group
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC acquired a new stake in shares of Zillow Group in the 4th quarter valued at $25,000. Concord Wealth Partners purchased a new position in Zillow Group in the first quarter valued at $26,000. Larson Financial Group LLC raised its stake in Zillow Group by 364.4% in the second quarter. Larson Financial Group LLC now owns 613 shares of the financial services provider’s stock valued at $28,000 after buying an additional 481 shares in the last quarter. Fidelis Capital Partners LLC purchased a new stake in Zillow Group during the 1st quarter worth about $37,000. Finally, Principal Securities Inc. purchased a new stake in Zillow Group during the 4th quarter worth about $53,000. Hedge funds and other institutional investors own 71.01% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than Zillow Group
- Conference Calls and Individual Investors
- 3 Small Cap Stocks That Insiders Are Buying
- What is a Death Cross in Stocks?
- Analysts Forecast Big Upside for Western Digital—Don’t Miss Out
- Overbought Stocks Explained: Should You Trade Them?
- 3 Must-Own Stocks for Bullish Investors in Today’s Market
Receive News & Ratings for Zillow Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zillow Group and related companies with MarketBeat.com's FREE daily email newsletter.