Zillow CFO Chad M. Cohen Unloads 3,743 Shares (Z)
Zillow (NASDAQ:Z) CFO Chad M. Cohen sold 3,743 shares of the company’s stock on the open market in a transaction that occurred on Friday, July 18th. The stock was sold at an average price of $123.72, for a total transaction of $463,083.96. Following the sale, the chief financial officer now directly owns 400 shares in the company, valued at approximately $49,488. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Macquarie initiated coverage on shares of Zillow in a research note on Tuesday, July 8th. They set an “outperform” rating and a $164.00 price target on the stock. Separately, analysts at JMP Securities reiterated a “market outperform” rating on shares of Zillow in a research note on Wednesday, June 25th. They now have a $150.00 price target on the stock, up previously from $114.00. Finally, analysts at Oppenheimer initiated coverage on shares of Zillow in a research note on Thursday, June 19th. They set a “market perform” rating on the stock. They noted that the move was a valuation call. Seven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $114.03.
Shares of Zillow (NASDAQ:Z) traded up 2.04% on Monday, hitting $126.73. 852,340 shares of the company’s stock traded hands. Zillow has a 52 week low of $70.28 and a 52 week high of $145.49. The stock’s 50-day moving average is $129.1 and its 200-day moving average is $101.5. The company’s market cap is $5.008 billion.
Zillow (NASDAQ:Z) last issued its quarterly earnings data 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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