Zillow Group, Inc. (Z) Vice Chairman Sells $560,048.00 in Stock

Zillow Group, Inc. (NASDAQ:Z) Vice Chairman Lloyd D. Frink sold 13,600 shares of the stock in a transaction on Monday, November 20th. The stock was sold at an average price of $41.18, for a total value of $560,048.00. Following the transaction, the insider now owns 4,389,208 shares in the company, valued at approximately $180,747,585.44. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Zillow Group, Inc. (Z) traded up $0.42 on Tuesday, hitting $41.36. The stock had a trading volume of 1,153,491 shares, compared to its average volume of 1,374,422. Zillow Group, Inc. has a 12 month low of $32.56 and a 12 month high of $51.23. The company has a current ratio of 6.44, a quick ratio of 6.44 and a debt-to-equity ratio of 0.14.

WARNING: “Zillow Group, Inc. (Z) Vice Chairman Sells $560,048.00 in Stock” was first reported by American Banking News and is owned by of American Banking News. If you are accessing this report on another site, it was illegally stolen and reposted in violation of United States and international copyright and trademark legislation. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/11/21/zillow-group-inc-z-vice-chairman-sells-560048-00-in-stock.html.

Several analysts have recently issued reports on the company. BidaskClub lowered Zillow Group from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. Canaccord Genuity increased their target price on Zillow Group from $52.00 to $53.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th. Benchmark Co. reissued a “buy” rating and set a $55.00 target price on shares of Zillow Group in a report on Thursday, October 5th. Finally, Deutsche Bank AG increased their target price on Zillow Group to $50.00 and gave the stock a “neutral” rating in a report on Monday, August 7th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $47.44.

Several institutional investors and hedge funds have recently added to or reduced their stakes in Z. Rhumbline Advisers boosted its stake in Zillow Group by 1.0% in the second quarter. Rhumbline Advisers now owns 113,564 shares of the financial services provider’s stock valued at $5,566,000 after buying an additional 1,171 shares in the last quarter. Nomura Holdings Inc. boosted its stake in Zillow Group by 3.0% in the second quarter. Nomura Holdings Inc. now owns 169,297 shares of the financial services provider’s stock valued at $8,279,000 after buying an additional 4,883 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its stake in Zillow Group by 7.0% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 412,250 shares of the financial services provider’s stock valued at $20,204,000 after buying an additional 26,995 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Zillow Group by 5.8% in the first quarter. Principal Financial Group Inc. now owns 10,971 shares of the financial services provider’s stock valued at $369,000 after buying an additional 597 shares in the last quarter. Finally, Baillie Gifford & Co. boosted its stake in Zillow Group by 4.1% in the second quarter. Baillie Gifford & Co. now owns 3,933,489 shares of the financial services provider’s stock valued at $192,781,000 after buying an additional 154,042 shares in the last quarter. 86.13% of the stock is currently owned by institutional investors.

Zillow Group Company Profile

Zillow Group, Inc operates real estate and home-related information marketplaces on mobile and the Web in the United States. The company offers a portfolio of brands and products to enable people find information about homes and connect with local professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.

Insider Buying and Selling by Quarter for Zillow Group (NASDAQ:Z)

Receive News & Ratings for Zillow Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zillow Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply