Zillow CMO Unloads $271,420 in Stock (Z)
Zillow (NASDAQ:Z) CMO Amy Bohutinsky sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $135.71, for a total transaction of $271,420.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Zillow (NASDAQ:Z) traded down 0.40% on Monday, hitting $138.32. 1,124,218 shares of the company’s stock traded hands. Zillow has a 52 week low of $70.28 and a 52 week high of $164.90. The stock’s 50-day moving average is $137.5 and its 200-day moving average is $108.7. The company’s market cap is $5.549 billion.
Zillow (NASDAQ:Z) last issued its quarterly earnings data on Tuesday, August 5th. The company reported ($0.05) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.04) by $0.01. The company had revenue of $78.68 million for the quarter, compared to the consensus estimate of $76.52 million. During the same quarter last year, the company posted $0.01 earnings per share. Zillow’s revenue was up 67.7% compared to the same quarter last year. On average, analysts predict that Zillow will post $0.38 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Zillow in a research note on Wednesday, August 6th. They now have a $115.00 price target on the stock, up previously from $78.00. Separately, analysts at Benchmark Co. raised their price target on shares of Zillow from $185.00 to $190.00 in a research note on Wednesday, August 6th. Finally, analysts at JMP Securities raised their price target on shares of Zillow from $150.00 to $155.00 in a research note on Wednesday, August 6th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $136.93.
Zillow, Inc (NASDAQ:Z), provides real estate and home-related information.
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