Greg M. Schwartz Sells 8,585 Shares of Zillow Group, Inc. (NASDAQ:Z) Stock

Zillow Group, Inc. (NASDAQ:Z) insider Greg M. Schwartz sold 8,585 shares of the company’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $40.50, for a total transaction of $347,692.50. Following the sale, the insider now owns 8,585 shares of the company’s stock, valued at $347,692.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Zillow Group, Inc. (NASDAQ Z) opened at $44.53 on Friday. Zillow Group, Inc. has a fifty-two week low of $32.56 and a fifty-two week high of $51.23. The company has a quick ratio of 6.44, a current ratio of 6.44 and a debt-to-equity ratio of 0.14. The firm has a market cap of $8,410.60, a PE ratio of -193.61 and a beta of 0.86.

Several hedge funds have recently added to or reduced their stakes in the stock. Caledonia Private Investments Pty Ltd boosted its position in Zillow Group by 4.6% in the 3rd quarter. Caledonia Private Investments Pty Ltd now owns 27,970,511 shares of the financial services provider’s stock valued at $1,124,694,000 after buying an additional 1,229,407 shares during the period. Vanguard Group Inc. lifted its position in shares of Zillow Group by 2.2% in the 2nd quarter. Vanguard Group Inc. now owns 8,449,585 shares of the financial services provider’s stock worth $414,114,000 after purchasing an additional 179,802 shares during the period. Baillie Gifford & Co. lifted its position in shares of Zillow Group by 1.1% in the 3rd quarter. Baillie Gifford & Co. now owns 3,977,907 shares of the financial services provider’s stock worth $159,951,000 after purchasing an additional 44,418 shares during the period. Tybourne Capital Management HK Ltd. lifted its position in shares of Zillow Group by 53.5% in the 2nd quarter. Tybourne Capital Management HK Ltd. now owns 3,575,189 shares of the financial services provider’s stock worth $175,220,000 after purchasing an additional 1,246,189 shares during the period. Finally, Zevenbergen Capital Investments LLC lifted its position in shares of Zillow Group by 3.9% in the 3rd quarter. Zevenbergen Capital Investments LLC now owns 1,982,225 shares of the financial services provider’s stock worth $79,705,000 after purchasing an additional 74,090 shares during the period. 58.00% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts recently issued reports on the stock. Canaccord Genuity increased their price target on shares of Zillow Group from $52.00 to $53.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. BidaskClub downgraded shares of Zillow Group from a “hold” rating to a “sell” rating in a research note on Wednesday, November 15th. Morgan Stanley raised shares of Zillow Group from an “equal weight” rating to an “overweight” rating and set a $50.00 target price for the company in a research note on Wednesday. Finally, Benchmark reissued a “buy” rating and set a $55.00 price target on shares of Zillow Group in a research report on Thursday, October 5th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $48.81.

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Zillow Group Company Profile

Zillow Group, Inc operates real estate and home-related information marketplaces on mobile and the Web in the United States. The company offers a portfolio of brands and products to enable people find information about homes and connect with local professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.

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

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