Zillow Group, Inc. (NASDAQ:ZG – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the twenty-six analysts that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $69.4762.
A number of research firms have weighed in on ZG. KeyCorp decreased their price objective on Zillow Group from $75.00 to $65.00 and set an “overweight” rating for the company in a research report on Thursday, May 7th. Citigroup restated a “market outperform” rating on shares of Zillow Group in a research note on Tuesday, May 26th. Canaccord Genuity Group lowered their price objective on shares of Zillow Group from $72.00 to $52.00 and set a “hold” rating on the stock in a research report on Thursday, May 7th. Mizuho dropped their price objective on shares of Zillow Group from $65.00 to $53.00 and set a “neutral” rating on the stock in a research note on Thursday, May 7th. Finally, Piper Sandler cut their price objective on shares of Zillow Group from $70.00 to $55.00 and set an “overweight” rating for the company in a research report on Thursday, May 7th.
Read Our Latest Research Report on ZG
Key Stories Impacting Zillow Group
- Negative Sentiment: Several law firms issued reminders about the ongoing securities class action against Zillow, highlighting the August 10 lead-plaintiff deadline and claims tied to purchases made between February 11, 2025 and May 7, 2026. Article Title
- Negative Sentiment: A separate legal notice again flagged the class-action deadline and encouraged shareholders with losses to seek counsel, reinforcing investor concern around litigation exposure. Article Title
- Neutral Sentiment: Wells Fargo kept a Hold rating on Zillow Group Class A, which suggests analysts are not turning more bullish despite recent developments. Article Title
- Positive Sentiment: Zillow also announced Zillow Pro membership, a product aimed at giving agents better consumer insights and collaboration tools, which could support future engagement and monetization. Article Title
Insider Buying and Selling
In related news, insider Dan Spaulding sold 3,078 shares of the company’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $37.40, for a total transaction of $115,117.20. Following the transaction, the insider owned 49,696 shares of the company’s stock, valued at $1,858,630.40. This represents a 5.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at 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, Director Erik C. Blachford sold 791 shares of the business’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $34.80, for a total transaction of $27,526.80. Following the sale, the director owned 34,952 shares in the company, valued at $1,216,329.60. The trade was a 2.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 42,910 shares of company stock worth $1,605,732 in the last three months. Company insiders own 29.88% of the company’s stock.
Institutional Trading of Zillow Group
Institutional investors have recently added to or reduced their stakes in the stock. Tabor Asset Management LP purchased a new position in Zillow Group during the 3rd quarter valued at about $2,428,000. M&T Bank Corp lifted its holdings in shares of Zillow Group by 38,344.0% in the fourth quarter. M&T Bank Corp now owns 1,604,270 shares of the technology company’s stock valued at $120,092,000 after purchasing an additional 1,600,097 shares in the last quarter. Emmett Investment Management LP purchased a new stake in shares of Zillow Group in the third quarter valued at about $2,860,000. Polianta Ltd acquired a new stake in shares of Zillow Group in the first quarter valued at approximately $1,494,000. Finally, Independent Franchise Partners LLP grew its position in shares of Zillow Group by 1.1% in the fourth quarter. Independent Franchise Partners LLP now owns 2,024,556 shares of the technology company’s stock valued at $138,135,000 after purchasing an additional 21,862 shares during the last quarter. Hedge funds and other institutional investors own 20.32% of the company’s stock.
Zillow Group Trading Down 3.6%
Shares of Zillow Group stock traded down $1.21 during trading on Friday, reaching $32.00. The company’s stock had a trading volume of 589,743 shares, compared to its average volume of 1,265,502. The company has a 50-day moving average price of $35.41 and a two-hundred day moving average price of $46.35. The firm has a market cap of $7.32 billion, a PE ratio of 128.00, a P/E/G ratio of 1.37 and a beta of 1.95. Zillow Group has a fifty-two week low of $29.03 and a fifty-two week high of $90.22.
Zillow Group (NASDAQ:ZG – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The technology company reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.10. Zillow Group had a net margin of 2.27% and a return on equity of 1.41%. The firm had revenue of $708.00 million during the quarter, compared to analysts’ expectations of $705.17 million. During the same quarter in the prior year, the business earned $0.41 EPS. Zillow Group’s quarterly revenue was up 18.4% compared to the same quarter last year. On average, analysts predict that Zillow Group will post 0.9 earnings per share for the current fiscal year.
About Zillow Group
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.
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