Zillow CEO Spencer M. Rascoff Unloads 5,000 Shares (Z)
Zillow (NASDAQ:Z) CEO Spencer M. Rascoff sold 5,000 shares of Zillow stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $138.22, for a total value of $691,100.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Z has been the subject of a number of recent research reports. 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 given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $136.93.
Zillow (NASDAQ:Z) traded up 1.78% on Wednesday, hitting $141.32. 1,207,269 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 $137.4 and its 200-day moving average is $110.2. The company’s market cap is $5.670 billion.
Zillow (NASDAQ:Z) last released its earnings data on Tuesday, August 5th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the 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 in the previous year, the company posted $0.01 earnings per share. The company’s revenue for the quarter was up 67.7% on a year-over-year basis. Analysts expect that Zillow will post $0.38 EPS for the current fiscal year.
Zillow, Inc (NASDAQ:Z), provides real estate and home-related information.
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