Zillow Group, Inc. (NASDAQ:Z) CAO Jennifer Rock Sells 8,225 Shares

Zillow Group, Inc. (NASDAQ:Z) CAO Jennifer Rock sold 8,225 shares of the stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $73.05, for a total value of $600,836.25. Following the completion of the sale, the chief accounting officer now owns 61,424 shares of the company’s stock, valued at approximately $4,487,023.20. This trade represents a 11.81 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Jennifer Rock also recently made the following trade(s):

• On Wednesday, November 13th, Jennifer Rock sold 3,187 shares of Zillow Group stock. The shares were sold at an average price of $74.00, for a total transaction of $235,838.00.
• 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 Price Performance

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 firm’s 50-day moving average is $63.61 and its 200-day moving average is $53.12. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.13 and a current ratio of 3.13.

Hedge Funds Weigh In On Zillow Group

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

Analysts Set New Price Targets

Several equities research analysts recently issued reports on Z shares. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Zillow Group from $55.00 to $60.00 and gave the stock a “buy” rating in a research note on Friday, August 9th. Morgan Stanley boosted their price target on Zillow Group from $46.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 2nd. Cantor Fitzgerald upgraded Zillow Group to a “hold” rating in a research note on Thursday, September 5th. Wedbush upgraded Zillow Group from a “neutral” rating to an “outperform” rating and increased their target price for the company from $50.00 to $80.00 in a research note on Monday, September 16th. Finally, Bank of America upped their price target on shares of Zillow Group from $54.00 to $71.00 and gave the company a “neutral” rating in a report on Friday, October 18th. Four research analysts have rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Zillow Group has a consensus rating of “Moderate Buy” and a consensus target price of $70.33.

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.