Insider Selling: Greg M. Schwartz Sells 1,059 Shares of Zillow Stock (Z)
Zillow (NASDAQ:Z) CRO Greg M. Schwartz unloaded 1,059 shares of Zillow stock on the open market in a transaction dated Monday, April 28th. The shares were sold at an average price of $93.36, for a total value of $98,868.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
A number of research firms have recently commented on Z. Analysts at CRT Capital downgraded shares of Zillow from a “buy” rating to a “fair value” rating in a research note on Tuesday, April 22nd. They now have a $96.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at Susquehanna initiated coverage on shares of Zillow in a research note on Thursday, April 10th. They set a “positive” rating and a $115.00 price target on the stock. Finally, analysts at Telsey Advisory Group raised their price target on shares of Zillow from $85.00 to $95.00 in a research note on Tuesday, March 25th. They now have a “not rated” rating on the stock. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $97.35.
Zillow (NASDAQ:Z) traded up 14.05% on Tuesday, hitting $103.84. 3,422,954 shares of the company’s stock traded hands. Zillow has a 52 week low of $48.54 and a 52 week high of $108.12. The stock has a 50-day moving average of $92. and a 200-day moving average of $84.04. The company’s market cap is $4.068 billion.
Zillow (NASDAQ:Z) last issued its quarterly earnings data 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 $0.08 EPS for the current fiscal year.
Zillow, Inc (NASDAQ:Z) provides real estate and home-related information.
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