Zillow Group Inc (NASDAQ:Z) CTO David A. Beitel sold 636 shares of the business’s stock in a transaction dated Thursday, May 16th. The stock was sold at an average price of $39.39, for a total transaction of $25,052.04. Following the completion of the transaction, the chief technology officer now directly owns 39,050 shares of the company’s stock, valued at $1,538,179.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
NASDAQ Z traded down $1.01 during trading on Thursday, reaching $41.24. 55,088 shares of the stock traded hands, compared to its average volume of 4,551,655. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.98 and a current ratio of 4.73. Zillow Group Inc has a fifty-two week low of $26.38 and a fifty-two week high of $65.70.
Zillow Group (NASDAQ:Z) last issued its quarterly earnings data on Thursday, May 9th. The financial services provider reported ($0.33) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.19) by ($0.14). The firm had revenue of $454.10 million for the quarter. Zillow Group had a negative net margin of 11.35% and a negative return on equity of 3.18%.
A number of research firms recently weighed in on Z. BidaskClub raised shares of Zillow Group from a “hold” rating to a “buy” rating in a research note on Wednesday. Bank of America downgraded shares of Zillow Group from a “neutral” rating to an “underperform” rating and set a $31.00 price target for the company. in a research note on Friday, February 22nd. Finally, Cowen raised shares of Zillow Group from a “market perform” rating to an “outperform” rating in a research note on Monday, April 8th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company. Zillow Group currently has a consensus rating of “Hold” and a consensus price target of $39.41.
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.
Read More: Diluted Earnings Per Share
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