Zillow Group, Inc. (NASDAQ:Z – Get Free Report) Director Thielke Claire Cormier sold 2,826 shares of Zillow Group stock in a transaction on Monday, September 16th. The stock was sold at an average price of $61.11, for a total transaction of $172,696.86. Following the completion of the sale, the director now owns 2,826 shares of the company’s stock, valued at approximately $172,696.86. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Zillow Group Stock Performance
Z stock traded up $0.22 on Tuesday, reaching $62.81. The company’s stock had a trading volume of 4,441,424 shares, compared to its average volume of 3,859,141. Zillow Group, Inc. has a 52 week low of $33.80 and a 52 week high of $64.24. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.12 and a quick ratio of 2.12. The company has a market capitalization of $14.83 billion, a P/E ratio of -90.71 and a beta of 1.94. The firm has a fifty day moving average of $52.11 and a two-hundred day moving average of $48.21.
Zillow Group (NASDAQ:Z – Get Free Report) last released its quarterly earnings results on Wednesday, August 7th. The financial services provider reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.19) by $0.13. The company had revenue of $572.00 million during the quarter, compared to analysts’ expectations of $539.74 million. Zillow Group had a negative return on equity of 2.50% and a negative net margin of 6.81%. As a group, analysts predict that Zillow Group, Inc. will post -0.33 EPS for the current fiscal year.
Analyst Ratings Changes
Check Out Our Latest Report on Zillow Group
Hedge Funds Weigh In On Zillow Group
A number of institutional investors and hedge funds have recently bought and sold shares of Z. Norges Bank bought a new position in Zillow Group during the fourth quarter valued at about $34,718,000. True Vision MN LLC bought a new stake in Zillow Group during the fourth quarter worth approximately $442,000. Sumitomo Mitsui Trust Holdings Inc. grew its position in Zillow Group by 30.4% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 669,892 shares of the financial services provider’s stock worth $32,677,000 after buying an additional 156,249 shares during the last quarter. Allianz Asset Management GmbH increased its holdings in shares of Zillow Group by 100.7% in the fourth quarter. Allianz Asset Management GmbH now owns 37,248 shares of the financial services provider’s stock valued at $2,155,000 after buying an additional 18,686 shares in the last quarter. Finally, CenterBook Partners LP acquired a new stake in shares of Zillow Group during the 4th quarter valued at $1,181,000. Institutional investors own 71.01% of the company’s stock.
Zillow Group Company Profile
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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