Nan Fung Trinity HK Ltd. Buys 76,800 Shares of Zillow Group, Inc. $Z

Nan Fung Trinity HK Ltd. boosted its stake in shares of Zillow Group, Inc. (NASDAQ:Z) by 32.6% in the fourth quarter, HoldingsChannel reports. The firm owned 312,340 shares of the financial services provider’s stock after purchasing an additional 76,800 shares during the quarter. Zillow Group accounts for about 1.7% of Nan Fung Trinity HK Ltd.’s holdings, making the stock its 21st largest holding. Nan Fung Trinity HK Ltd.’s holdings in Zillow Group were worth $21,308,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Root Financial Partners LLC bought a new position in Zillow Group during the third quarter worth $27,000. Pilgrim Partners Asia Pte Ltd bought a new position in Zillow Group during the third quarter worth $29,000. V Square Quantitative Management LLC bought a new position in Zillow Group during the fourth quarter worth $28,000. Cullen Frost Bankers Inc. boosted its position in Zillow Group by 58.6% during the third quarter. Cullen Frost Bankers Inc. now owns 441 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 163 shares during the period. Finally, Pittenger & Anderson Inc. boosted its position in Zillow Group by 32.8% during the third quarter. Pittenger & Anderson Inc. now owns 546 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 135 shares during the period. 71.01% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on Z shares. Wall Street Zen raised shares of Zillow Group from a “hold” rating to a “buy” rating in a research report on Saturday. Zelman & Associates raised shares of Zillow Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 12th. Weiss Ratings raised shares of Zillow Group from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday. Zacks Research raised shares of Zillow Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. Finally, Barclays raised shares of Zillow Group from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 29th. Three equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Zillow Group currently has a consensus rating of “Moderate Buy” and an average target price of $79.75.

Zillow Group News Roundup

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

• Positive Sentiment: Zillow reported Q1 earnings of $0.53 per share, topping estimates, with revenue of $708 million also slightly ahead of expectations. The company also highlighted strong for-sale growth, faster Rentals momentum, and nearly doubled mortgage originations, reinforcing the case that its broader platform strategy is working. Article Title
• Positive Sentiment: Several commentators said Zillow’s earnings power remains intact, pointing to share gains, deeper monetization, and growth in new products such as AI tools, seller services, and pre-marketing initiatives. Article Title
• Positive Sentiment: Zacks Research upgraded Zillow from hold to strong-buy, which can support sentiment by signaling improving analyst confidence in the stock’s outlook. Article Title
• Positive Sentiment: Another bullish take argued that investors are underestimating Zillow’s AI-driven platform transformation and its ability to grow into a more integrated real-estate ecosystem. Article Title
• Neutral Sentiment: JPMorgan and KBW both trimmed price targets, but kept their broader ratings intact. That suggests Wall Street still sees upside, though the lowered targets may cap enthusiasm in the near term. Article Title
• Neutral Sentiment: Zillow’s Q1 report and related coverage also emphasized higher profit, but lower traffic and a mixed housing backdrop, leaving the market focused on whether growth can continue without sacrificing margins. Article Title
• Negative Sentiment: Multiple law firms, including Rosen and Pomerantz, announced or reiterated securities class action investigations tied to alleged misleading business information, adding legal risk and uncertainty for investors. Article Title
• Negative Sentiment: Despite the earnings beat, some market coverage said the stock slipped because Q2 guidance failed to impress, suggesting investors were looking for a stronger forward outlook than Zillow provided. Article Title

Insider Buying and Selling

In other news, insider Dan Spaulding sold 5,361 shares of the business’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $43.95, for a total value of $235,615.95. Following the completion of the sale, the insider owned 41,080 shares of the company’s stock, valued at approximately $1,805,466. The trade was a 11.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Jeremy Hofmann sold 7,786 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $43.73, for a total transaction of $340,481.78. Following the completion of the sale, the chief financial officer directly owned 57,487 shares of the company’s stock, valued at approximately $2,513,906.51. The trade was a 11.93% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 60,801 shares of company stock valued at $2,683,986 in the last 90 days. 25.03% of the stock is currently owned by corporate insiders.

Zillow Group Stock Performance

Shares of Zillow Group stock opened at $41.43 on Friday. The firm has a 50-day moving average of $43.70 and a 200-day moving average of $58.72. The stock has a market cap of $9.94 billion, a PE ratio of 165.72, a PEG ratio of 2.03 and a beta of 2.07. Zillow Group, Inc. has a 52-week low of $39.05 and a 52-week high of $93.88.

Zillow Group (NASDAQ:Z) last announced its earnings results on Wednesday, May 6th. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.10. The company had revenue of $708.00 million during the quarter, compared to analysts’ expectations of $705.10 million. Zillow Group had a net margin of 2.27% and a return on equity of 1.37%. Equities research analysts predict that Zillow Group, Inc. will post 0.82 earnings per share for the current fiscal year.

Zillow Group Company Profile

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.