Zillow CRO Sells $156,446 in Stock (Z)
Zillow (NASDAQ:Z) CRO Greg M. Schwartz unloaded 1,059 shares of Zillow stock on the open market in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $147.73, for a total transaction of $156,446.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
A number of analysts have recently weighed in on Z shares. 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 investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Zillow currently has an average rating of “Hold” and a consensus target price of $136.93.
Zillow (NASDAQ:Z) traded down 0.76% on Thursday, hitting $143.22. 757,262 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 $138.6 and its 200-day moving average is $112.5. The company’s market cap is $5.746 billion.
Zillow (NASDAQ:Z) last issued its quarterly earnings data on Tuesday, August 5th. The company reported ($0.05) EPS for the quarter, missing the Thomson Reuters 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 prior year, the company posted $0.01 earnings per share. The company’s quarterly revenue was up 67.7% on a year-over-year basis. On average, analysts predict that Zillow will post $0.38 earnings per share for the current fiscal year.
Zillow, Inc (NASDAQ:Z), provides real estate and home-related information.
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