Insider Selling: Amy Bohutinsky Sells 2,000 Shares of Zillow Stock (Z)
Zillow (NASDAQ:Z) CMO Amy Bohutinsky sold 2,000 shares of the stock in a transaction dated Monday, June 16th. The shares were sold at an average price of $122.58, for a total transaction of $245,160.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Zillow (NASDAQ:Z) traded up 0.84% during mid-day trading on Tuesday, hitting $131.10. 1,863,045 shares of the company’s stock traded hands. Zillow has a one year low of $52.00 and a one year high of $132.63. The stock’s 50-day moving average is $112.2 and its 200-day moving average is $92.2. The company’s market cap is $5.180 billion.
Zillow (NASDAQ:Z) last announced its earnings results 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.
Z has been the subject of a number of recent research reports. Analysts at Citigroup Inc. reiterated a “positive” rating on shares of Zillow in a research note on Monday. They now have a $130.00 price target on the stock, up previously from $115.00. Separately, analysts at Canaccord Genuity raised their price target on shares of Zillow from $115.00 to $130.00 in a research note on Monday. They now have a “buy” rating on the stock. Finally, analysts at SunTrust downgraded shares of Zillow from a “buy” rating to a “neutral” rating in a research note on Thursday, June 5th. They now have a $110.00 price target on the stock. They noted that the move was a valuation call. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Zillow currently has an average rating of “Hold” and an average target price of $107.89.
Zillow, Inc (NASDAQ:Z) provides real estate and home-related information.
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