Zillow Group (NASDAQ:Z) Receives Hold Rating from Needham & Company LLC

Needham & Company LLC reissued their hold rating on shares of Zillow Group (NASDAQ:Z) in a research report report published on Wednesday morning,Benzinga reports.

A number of other equities research analysts have also recently weighed in on Z. Keefe, Bruyette & Woods reduced their price objective on Zillow Group from $80.00 to $65.00 and set a “market perform” rating for the company in a research note on Monday. Barclays raised shares of Zillow Group from a “strong sell” rating to a “hold” rating in a report on Thursday, January 29th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zillow Group in a research note on Wednesday, January 21st. Mizuho lowered shares of Zillow Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 8th. Finally, JPMorgan Chase & Co. upped their target price on shares of Zillow Group from $94.00 to $95.00 and gave the company an “overweight” rating in a report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $90.60.

Zillow Group Price Performance

Shares of Z opened at $45.66 on Wednesday. The firm has a fifty day moving average price of $66.86 and a 200 day moving average price of $74.38. The stock has a market cap of $11.05 billion, a PE ratio of 507.39, a price-to-earnings-growth ratio of 3.17 and a beta of 2.08. Zillow Group has a 1-year low of $44.02 and a 1-year high of $93.88.

Zillow Group (NASDAQ:Z) last posted its earnings results on Tuesday, February 10th. The financial services provider reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.03). The firm had revenue of $654.00 million during the quarter, compared to analysts’ expectations of $650.40 million. Zillow Group had a net margin of 0.89% and a return on equity of 0.56%. As a group, equities analysts expect that Zillow Group will post 0.32 EPS for the current fiscal year.

Insider Activity

In other Zillow Group news, Director Erik C. Blachford sold 965 shares of the business’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $72.51, for a total transaction of $69,972.15. Following the completion of the sale, the director owned 33,543 shares in the company, valued at $2,432,202.93. The trade was a 2.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Dan Spaulding sold 5,455 shares of the business’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $69.40, for a total transaction of $378,577.00. Following the sale, the insider directly owned 50,342 shares of the company’s stock, valued at approximately $3,493,734.80. This represents a 9.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 28,103 shares of company stock valued at $1,956,109 over the last three months. Company insiders own 25.03% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Aviva PLC increased its holdings in shares of Zillow Group by 5.8% during the fourth quarter. Aviva PLC now owns 132,587 shares of the financial services provider’s stock valued at $9,045,000 after purchasing an additional 7,298 shares during the period. Nuveen LLC increased its stake in Zillow Group by 1.0% during the 4th quarter. Nuveen LLC now owns 300,754 shares of the financial services provider’s stock valued at $20,517,000 after buying an additional 3,043 shares during the period. Xponance LLC raised its position in shares of Zillow Group by 3.0% during the 4th quarter. Xponance LLC now owns 17,982 shares of the financial services provider’s stock worth $1,227,000 after buying an additional 531 shares in the last quarter. Picton Mahoney Asset Management lifted its stake in shares of Zillow Group by 6,674.5% in the 4th quarter. Picton Mahoney Asset Management now owns 46,473 shares of the financial services provider’s stock worth $3,170,000 after acquiring an additional 45,787 shares during the period. Finally, T3 Companies LLC acquired a new position in shares of Zillow Group during the fourth quarter valued at approximately $641,000. Institutional investors and hedge funds own 71.01% of the company’s stock.

Key Headlines Impacting Zillow Group

Here are the key news stories impacting Zillow Group this week:

• Positive Sentiment: Q4 revenue beat and solid top-line growth: Zillow reported $654M in Q4 revenue (about 18% y/y), topping consensus and showing momentum in its core businesses. Article Title
• Positive Sentiment: Return to GAAP profitability: Zillow posted a small GAAP profit ($3M, roughly $0.01 per share) after a prior-year loss, evidence the business mix is improving. Article Title
• Positive Sentiment: High-growth segments and revenue guidance: Rentals and mortgage services continue to expand rapidly, and Zillow gave Q1 revenue guidance above consensus (roughly $700M–$710M), supporting medium-term revenue visibility. Article Title
• Neutral Sentiment: Analysts maintain mixed ratings: Some firms (e.g., Needham) reaffirmed a “hold” even as other shops revisit assumptions; coverage remains mixed. Article Title
• Neutral Sentiment: Company filed formal Q4 and full-year results/press release — investors can review the release and earnings call transcript for details and helped clarify GAAP vs. adjusted metrics. Article Title
• Negative Sentiment: Adjusted EPS missed expectations: Adjusted EPS of $0.39 came in below the $0.42 consensus, and some transcripts/metrics highlighted larger-than-expected shortfalls — a primary catalyst for selling. Article Title
• Negative Sentiment: Analysts trim forecasts and price targets: Following the quarter, several analysts lowered EPS/price targets (e.g., Keefe, Bruyette & Woods cut its target), reducing upside expectations. Article Title
• Negative Sentiment: Litigation risk rising: Multiple lawsuits from competitors and consumers across different business lines have increased regulatory/legal uncertainty, a material risk factor that investors flagged in the sell-off. Article Title
• Negative Sentiment: Soft EBITDA outlook/forward commentary pressured sentiment: Management’s EBITDA/guidance tone was viewed as cautious by the market, amplifying concerns after the EPS miss. Article Title

About Zillow Group

Zillow Group, Inc is an online real estate marketplace company that operates a portfolio of consumer-facing websites and mobile apps designed to connect buyers, sellers, renters, homeowners and real estate professionals. The company’s platforms aggregate property listings, rental listings, and related information to help users search for homes, estimate property values and connect with agents and service providers. Zillow generates revenue primarily through advertising and lead-generation services for real estate professionals, property managers and mortgage lenders.

Key products and services include the Zillow and Trulia consumer websites and apps, which provide searchable listings, photos, neighborhood data and the company’s automated home valuation tool known as the “Zestimate.” Zillow also offers a rentals marketplace, a mortgage marketplace and tools for home buying and selling such as Zillow Premier Agent for agent advertising and leads, as well as ancillary services designed to support transactions, including closing and title-related offerings.