Insider Selling: Gordon Sheridan Stephenson Unloads 2,502 Shares of Zillow Stock (Z)
Zillow (NASDAQ:Z) Director Gordon Sheridan Stephenson sold 2,502 shares of Zillow stock on the open market in a transaction dated Monday, May 19th. The stock was sold at an average price of $109.02, for a total value of $272,768.04. Following the transaction, the director now directly owns 1,000 shares of the company’s stock, valued at approximately $109,020. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Z has been the subject of a number of recent research reports. 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 research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Zillow presently has a consensus rating of “Buy” and an average price target of $105.04.
Shares of Zillow (NASDAQ:Z) traded up 1.91% during mid-day trading on Wednesday, hitting $109.04. 1,118,414 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 $98.2 and a 200-day moving average of $86.45. The company’s market cap is $4.309 billion.
Zillow (NASDAQ:Z) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the 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 in the previous year, the company posted ($0.11) earnings per share. The company’s revenue for the quarter was up 69.7% on a year-over-year basis. Analysts expect that Zillow will post $0.29 EPS for the current fiscal year.
Zillow, Inc (NASDAQ:Z) provides real estate and home-related information.
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