Insider Selling: Zillow Group, Inc. (Z) Insider Sells 8,585 Shares of Stock
Zillow Group, Inc. (NASDAQ:Z) insider Greg M. Schwartz sold 8,585 shares of the business’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $40.50, for a total value of $347,692.50. Following the transaction, the insider now owns 8,585 shares in the company, valued at approximately $347,692.50. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Zillow Group, Inc. (NASDAQ Z) traded up $0.49 on Wednesday, hitting $42.97. The company had a trading volume of 533,200 shares, compared to its average volume of 617,050. The firm has a market cap of $5,370.00 and a PE ratio of -195.32. The company has a current ratio of 6.44, a quick ratio of 6.44 and a debt-to-equity ratio of 0.14. Zillow Group, Inc. has a 1-year low of $32.56 and a 1-year high of $51.23.
Several equities analysts have issued reports on Z shares. BidaskClub cut Zillow Group from a “hold” rating to a “sell” rating in a research report on Wednesday, September 6th. Benchmark reiterated a “buy” rating and set a $55.00 target price on shares of Zillow Group in a research report on Thursday, October 5th. Finally, Canaccord Genuity boosted their target price on Zillow Group from $52.00 to $53.00 and gave the stock a “buy” rating in a research report on Wednesday, November 8th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $47.44.
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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.
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