Bradley D. Owens Sells 1,373 Shares of Zillow Group, Inc. (NASDAQ:ZG) Stock

Zillow Group, Inc. (NASDAQ:ZGGet Free Report) General Counsel Bradley D. Owens sold 1,373 shares of Zillow Group stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $44.15, for a total transaction of $60,617.95. Following the completion of the sale, the general counsel now directly owns 40,194 shares of the company’s stock, valued at $1,774,565.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Zillow Group Stock Down 1.3 %

Shares of Zillow Group stock opened at $43.35 on Friday. The stock has a fifty day moving average price of $45.19 and a 200-day moving average price of $47.93. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.21. Zillow Group, Inc. has a 1 year low of $33.23 and a 1 year high of $59.23.

Institutional Trading of Zillow Group

Several hedge funds have recently added to or reduced their stakes in ZG. Treasurer of the State of North Carolina lifted its position in shares of Zillow Group by 0.9% during the 4th quarter. Treasurer of the State of North Carolina now owns 24,511 shares of the technology company’s stock valued at $1,390,000 after buying an additional 230 shares during the last quarter. Quadrant Capital Group LLC lifted its holdings in Zillow Group by 45.1% during the fourth quarter. Quadrant Capital Group LLC now owns 763 shares of the technology company’s stock valued at $43,000 after purchasing an additional 237 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in Zillow Group by 1.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 22,100 shares of the technology company’s stock worth $1,254,000 after purchasing an additional 250 shares during the period. Ieq Capital LLC boosted its position in Zillow Group by 2.3% during the third quarter. Ieq Capital LLC now owns 12,955 shares of the technology company’s stock worth $580,000 after purchasing an additional 286 shares during the period. Finally, Raymond James Financial Services Advisors Inc. increased its stake in shares of Zillow Group by 2.4% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 15,542 shares of the technology company’s stock worth $882,000 after purchasing an additional 360 shares in the last quarter. Institutional investors own 20.32% of the company’s stock.

Wall Street Analysts Forecast Growth

ZG has been the subject of a number of research analyst reports. JMP Securities decreased their target price on Zillow Group from $68.00 to $62.00 and set a “market outperform” rating for the company in a research report on Thursday, May 2nd. Stephens reaffirmed an “overweight” rating and set a $79.00 target price on shares of Zillow Group in a research report on Wednesday, February 14th. DA Davidson reissued a “buy” rating and issued a $63.00 price target on shares of Zillow Group in a research report on Friday, April 5th. Susquehanna raised their price objective on shares of Zillow Group from $36.00 to $60.00 and gave the company a “neutral” rating in a research note on Thursday, February 15th. Finally, Craig Hallum decreased their target price on shares of Zillow Group from $65.00 to $51.00 and set a “buy” rating for the company in a research report on Thursday, May 2nd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $57.40.

View Our Latest Analysis on ZG

Zillow Group Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Zillow Group (NASDAQ:ZG)

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