Zillow Group, Inc. (NASDAQ:Z – Get Rating) COO Jeremy Wacksman sold 4,785 shares of the firm’s stock in a transaction dated Friday, June 24th. The shares were sold at an average price of $35.00, for a total value of $167,475.00. Following the completion of the sale, the chief operating officer now directly owns 43,132 shares in the company, valued at $1,509,620. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Jeremy Wacksman also recently made the following trade(s):
On Wednesday, May 18th, Jeremy Wacksman sold 2,198 shares of Zillow Group stock. The shares were sold at an average price of $41.15, for a total value of $90,447.70.
Shares of Z stock traded down $1.45 during mid-day trading on Monday, reaching $34.01. The stock had a trading volume of 4,464,617 shares, compared to its average volume of 5,341,274. Zillow Group, Inc. has a one year low of $28.61 and a one year high of $124.70. The firm has a market cap of $8.38 billion, a PE ratio of -15.44 and a beta of 1.39. The firm’s 50 day simple moving average is $38.72 and its 200 day simple moving average is $49.16. The company has a quick ratio of 3.57, a current ratio of 3.98 and a debt-to-equity ratio of 0.34.
Zillow Group (NASDAQ:Z – Get Rating) last issued its earnings results on Thursday, May 5th. The financial services provider reported $0.19 EPS for the quarter. Zillow Group had a negative return on equity of 7.61% and a negative net margin of 5.04%. The business had revenue of $4.26 billion during the quarter.
Several hedge funds have recently made changes to their positions in Z. Cordasco Financial Network raised its holdings in shares of Zillow Group by 100.0% in the 4th quarter. Cordasco Financial Network now owns 400 shares of the financial services provider’s stock worth $26,000 after buying an additional 200 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in Zillow Group by 3.1% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 7,132 shares of the financial services provider’s stock worth $455,000 after acquiring an additional 215 shares in the last quarter. Westside Investment Management Inc. lifted its holdings in shares of Zillow Group by 86.2% during the first quarter. Westside Investment Management Inc. now owns 540 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 250 shares during the period. X Square Capital LLC boosted its stake in shares of Zillow Group by 1.7% in the 1st quarter. X Square Capital LLC now owns 17,186 shares of the financial services provider’s stock valued at $847,000 after purchasing an additional 282 shares in the last quarter. Finally, M&T Bank Corp grew its holdings in shares of Zillow Group by 7.1% in the 1st quarter. M&T Bank Corp now owns 5,261 shares of the financial services provider’s stock worth $260,000 after purchasing an additional 350 shares during the last quarter. Institutional investors own 74.81% of the company’s stock.
Separately, Piper Sandler reduced their price objective on Zillow Group from $57.00 to $39.00 in a research report on Friday, May 6th.
About Zillow Group (Get Rating)
Zillow Group, Inc, a digital real estate company, operates real estate brands on mobile applications and Websites in the United States. The company operates through three segments: Homes; Internet, Media & Technology; and Mortgages. The Homes segment is involved in resale of homes; and title and escrow services to home buyers and sellers, including title search procedures for title insurance policies, escrow, and other closing services.