Insider Selling: Chad M. Cohen Unloads 3,742 Shares of Zillow Stock (Z)
Zillow (NASDAQ:Z) CFO Chad M. Cohen unloaded 3,742 shares of the company’s stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $106.83, for a total transaction of $399,757.86. Following the completion of the sale, the chief financial officer now directly owns 400 shares of the company’s stock, valued at approximately $42,732. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
A number of analysts have recently weighed in on Z shares. Analysts at Benchmark Co. raised their price target on shares of Zillow from $105.00 to $116.00 in a research note on Friday, May 9th. Separately, analysts at Canaccord Genuity raised their price target on shares of Zillow from $110.00 to $115.00 in a research note on Friday, May 9th. Finally, analysts at Pacific Crest raised their price target on shares of Zillow from $105.00 to $115.00 in a research note on Friday, May 9th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $105.04.
Shares of Zillow (NASDAQ:Z) traded down 3.19% during mid-day trading on Tuesday, hitting $107.00. 1,696,700 shares of the company’s stock traded hands. Zillow has a 52-week low of $48.54 and a 52-week high of $112.39. The stock has a 50-day moving average of $97.6 and a 200-day moving average of $86.25. The company’s market cap is $4.228 billion.
Zillow (NASDAQ:Z) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.02 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.08) by $0.10. The company had revenue of $66.20 million for the quarter, compared to the consensus estimate of $63.21 million. During the same quarter last year, the company posted ($0.11) earnings per share. Zillow’s revenue was up 69.7% compared to the same quarter last year. On average, analysts predict that Zillow will post $0.29 earnings per share for the current fiscal year.
Zillow, Inc (NASDAQ:Z) provides real estate and home-related information.
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