Hartline Investment Corp Has $1.86 Million Stock Position in Zillow Group, Inc. $ZG

Hartline Investment Corp reduced its position in Zillow Group, Inc. (NASDAQ:ZG) by 32.5% during the 1st quarter, HoldingsChannel.com reports. The firm owned 44,946 shares of the technology company’s stock after selling 21,621 shares during the quarter. Hartline Investment Corp’s holdings in Zillow Group were worth $1,860,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Arax Advisory Partners grew its position in Zillow Group by 402.3% in the fourth quarter. Arax Advisory Partners now owns 442 shares of the technology company’s stock worth $30,000 after acquiring an additional 354 shares in the last quarter. First Command Advisory Services Inc. bought a new position in Zillow Group in the 4th quarter worth approximately $34,000. Kestra Advisory Services LLC acquired a new position in Zillow Group during the 4th quarter valued at $47,000. Quarry LP acquired a new stake in Zillow Group during the fourth quarter worth about $56,000. Finally, Global Retirement Partners LLC increased its position in shares of Zillow Group by 4,130.0% during the fourth quarter. Global Retirement Partners LLC now owns 846 shares of the technology company’s stock valued at $58,000 after purchasing an additional 826 shares during the period. 20.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ZG has been the subject of a number of analyst reports. UBS Group cut their price target on shares of Zillow Group from $80.00 to $75.00 and set a “buy” rating for the company in a research note on Tuesday, April 28th. Cantor Fitzgerald dropped their target price on shares of Zillow Group from $56.00 to $46.00 and set a “neutral” rating for the company in a research note on Wednesday, March 25th. Piper Sandler decreased their price target on Zillow Group from $70.00 to $55.00 and set an “overweight” rating on the stock in a report on Thursday, May 7th. Sanford C. Bernstein upgraded shares of Zillow Group from an “outperform” rating to a “buy” rating in a research report on Tuesday, May 26th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Zillow Group in a research note on Tuesday, May 26th. Thirteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $69.48.

Key Stories Impacting Zillow Group

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

• Positive Sentiment: Wells Fargo raised its price target on Zillow Group to $46 from $45, indicating modestly improved valuation expectations despite maintaining an equal-weight rating.
• Positive Sentiment: Zillow’s June Market Report showed home sales up 5.9% year over year and new listings up 3%, signaling a possible pickup in housing activity that could benefit the platform. Article Title
• Neutral Sentiment: Zillow said it will announce second-quarter 2026 results on August 5, which could become the next major catalyst for the stock as investors look for signs of revenue and margin momentum. Article Title
• Negative Sentiment: New securities-fraud lawsuits and repeated deadline reminders create legal and regulatory overhang for Zillow Group, increasing uncertainty and potentially weighing on investor confidence. Article Title

Insider Buying and Selling at Zillow Group

In other Zillow Group news, General Counsel Bradley D. Owens sold 3,364 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $37.23, for a total transaction of $125,241.72. Following the sale, the general counsel directly owned 65,245 shares in the company, valued at approximately $2,429,071.35. This trade represents a 4.90% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Dan Spaulding sold 3,078 shares of Zillow Group stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $37.40, for a total transaction of $115,117.20. Following the completion of the transaction, the insider directly owned 49,696 shares in the company, valued at approximately $1,858,630.40. The trade was a 5.83% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 42,910 shares of company stock worth $1,605,732 in the last quarter. Company insiders own 29.88% of the company’s stock.

Zillow Group Stock Down 0.8%

ZG opened at $32.69 on Wednesday. The stock has a market cap of $7.48 billion, a P/E ratio of 130.76, a P/E/G ratio of 1.41 and a beta of 1.95. Zillow Group, Inc. has a 12 month low of $29.03 and a 12 month high of $90.22. The company has a fifty day simple moving average of $36.15 and a 200 day simple moving average of $46.94.

Zillow Group (NASDAQ:ZG) last announced its quarterly earnings results on Wednesday, May 6th. The technology company reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.10. The company had revenue of $708.00 million during the quarter, compared to the consensus estimate of $705.17 million. Zillow Group had a return on equity of 1.41% and a net margin of 2.27%.The company’s revenue for the quarter was up 18.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.41 earnings per share. On average, equities research analysts expect that Zillow Group, Inc. will post 0.9 earnings per share for the current fiscal year.

Zillow Group Profile

Zillow Group (NASDAQ:ZG) is a U.S.-based online real estate marketplace that connects consumers, real estate professionals and mortgage lenders through a suite of digital products and advertising services. Founded in 2006 by Rich Barton and Lloyd Frink and headquartered in Seattle, Washington, the company operates a portfolio of consumer-facing brands and tools designed to simplify home search, rental discovery, valuation and mortgage shopping.

Zillow’s core products include its consumer websites and mobile apps that list homes for sale and rent, the Zestimate automated home value estimate, and marketplaces that connect buyers and renters with agents and lenders.