Zillow CRO Sells $1,376,336 in Stock (Z)
Zillow (NASDAQ:Z) CRO Greg M. Schwartz sold 16,900 shares of the company’s stock on the open market in a transaction dated Monday, February 24th. The shares were sold at an average price of $81.44, for a total transaction of $1,376,336.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Zillow (NASDAQ:Z) traded up 2.28% during mid-day trading on Tuesday, hitting $83.841. 858,144 shares of the company’s stock traded hands. Zillow has a one year low of $39.07 and a one year high of $103.00. The stock’s 50-day moving average is $84.11 and its 200-day moving average is $83.87. The company’s market cap is $3.284 billion.
Zillow (NASDAQ:Z) last announced its earnings results on Wednesday, February 12th. The company reported $0.19 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.07 by $0.12. The company had revenue of $58.03 million for the quarter, compared to the consensus estimate of $56.16 million. During the same quarter last year, the company posted $0.02 earnings per share. Zillow’s revenue was up 69.2% compared to the same quarter last year. Analysts expect that Zillow will post $0.06 EPS for the current fiscal year.
A number of research firms have recently commented on Z. Analysts at Morgan Stanley upgraded shares of Zillow from an “underweight” rating to an “equal weight” rating in a research note on Monday. They now have a $80.00 price target on the stock, up previously from $77.00. Separately, analysts at Zacks downgraded shares of Zillow from an “outperform” rating to a “neutral” rating in a research note on Wednesday, February 19th. They now have a $92.50 price target on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Zillow from $95.00 to $110.00 in a research note on Thursday, February 13th. They now have a “buy” rating on the stock. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Zillow has a consensus rating of “Buy” and a consensus price target of $94.96.
Zillow, Inc (NASDAQ:Z) provides real estate and home-related information.
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