Greg M. Schwartz Sells 60,000 Shares of Zillow Group, Inc. (Z) Stock

Zillow Group, Inc. (NASDAQ:Z) insider Greg M. Schwartz sold 60,000 shares of the stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of $46.18, for a total transaction of $2,770,800.00. Following the sale, the insider now directly owns 43,000 shares of the company’s stock, valued at $1,985,740. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Zillow Group, Inc. (NASDAQ:Z) opened at $46.85 on Friday. Zillow Group, Inc. has a 1-year low of $32.56 and a 1-year high of $51.23. The company has a current ratio of 7.11, a quick ratio of 6.44 and a debt-to-equity ratio of 0.14. The stock has a market cap of $5,960.00 and a P/E ratio of -91.86.

Z has been the topic of a number of recent analyst reports. BidaskClub lowered shares of Zillow Group from a “hold” rating to a “sell” rating in a report on Tuesday, January 23rd. Morgan Stanley upgraded shares of Zillow Group from an “equal weight” rating to an “overweight” rating and set a $50.00 price target on the stock in a report on Wednesday, January 10th. Cowen restated a “hold” rating on shares of Zillow Group in a report on Friday, February 9th. Finally, Canaccord Genuity boosted their price target on shares of Zillow Group from $52.00 to $53.00 and gave the company a “buy” rating in a report on Wednesday, November 8th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $50.07.

A number of institutional investors have recently added to or reduced their stakes in the business. The Manufacturers Life Insurance Company increased its stake in Zillow Group by 3.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,968 shares of the financial services provider’s stock valued at $440,000 after buying an additional 333 shares during the period. Daiwa Securities Group Inc. increased its stake in Zillow Group by 1.8% in the 4th quarter. Daiwa Securities Group Inc. now owns 66,838 shares of the financial services provider’s stock valued at $2,735,000 after buying an additional 1,200 shares during the period. California Public Employees Retirement System increased its stake in Zillow Group by 0.6% in the 3rd quarter. California Public Employees Retirement System now owns 220,848 shares of the financial services provider’s stock valued at $8,880,000 after buying an additional 1,338 shares during the period. Public Employees Retirement System of Ohio increased its stake in Zillow Group by 3.3% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 42,488 shares of the financial services provider’s stock valued at $2,082,000 after buying an additional 1,371 shares during the period. Finally, First Republic Investment Management Inc. increased its stake in Zillow Group by 9.2% in the 4th quarter. First Republic Investment Management Inc. now owns 17,900 shares of the financial services provider’s stock valued at $733,000 after buying an additional 1,508 shares during the period. Hedge funds and other institutional investors own 57.99% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “Greg M. Schwartz Sells 60,000 Shares of Zillow Group, Inc. (Z) Stock” was published by The Lincolnian Online and is the property of of The Lincolnian Online. If you are accessing this article on another website, it was illegally copied and republished in violation of United States and international trademark and copyright law. The correct version of this article can be accessed at https://www.thelincolnianonline.com/2018/02/17/greg-m-schwartz-sells-60000-shares-of-zillow-group-inc-z-stock.html.

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)

Receive News & Ratings for Zillow Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zillow Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply