Zillow Group, Inc. (NASDAQ:Z) released its quarterly earnings data on Tuesday. The financial services provider reported ($0.12) earnings per share for the quarter, Morningstar.com reports. Zillow Group had a negative return on equity of 5.65% and a negative net margin of 19.58%. The company had revenue of $266.85 million for the quarter.

Shares of Zillow Group (NASDAQ:Z) traded down 9.97% during midday trading on Wednesday, hitting $43.15. 3,589,904 shares of the company’s stock traded hands. The company has a 50 day moving average of $46.68 and a 200 day moving average of $40.00. The stock’s market cap is $7.90 billion. Zillow Group has a 52 week low of $31.22 and a 52 week high of $51.23.

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In related news, CEO Spencer M. Rascoff sold 120,146 shares of the stock in a transaction dated Monday, May 15th. The stock was sold at an average price of $43.34, for a total value of $5,207,127.64. Following the completion of the sale, the chief executive officer now directly owns 120,146 shares of the company’s stock, valued at approximately $5,207,127.64. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Amy Bohutinsky sold 147,000 shares of the stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $45.23, for a total value of $6,648,810.00. Following the completion of the sale, the chief operating officer now directly owns 43,000 shares of the company’s stock, valued at $1,944,890. The disclosure for this sale can be found here. Insiders sold a total of 379,800 shares of company stock valued at $16,970,457 in the last quarter. 26.97% of the stock is currently owned by corporate insiders.

A number of equities analysts have recently commented on Z shares. BidaskClub cut shares of Zillow Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 8th. Benchmark Co. reaffirmed a “buy” rating and issued a $55.00 target price on shares of Zillow Group in a report on Sunday, July 2nd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $54.50 target price (up from $46.00) on shares of Zillow Group in a report on Friday, June 30th. Needham & Company LLC reaffirmed a “buy” rating and issued a $48.00 target price (up from $41.00) on shares of Zillow Group in a report on Friday, May 5th. Finally, Cowen and Company reaffirmed a “hold” rating on shares of Zillow Group in a report on Friday, July 14th. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Zillow Group has an average rating of “Hold” and a consensus price target of $46.06.

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