Zillow Group, Inc. (Z) CEO Spencer M. Rascoff Sells 58,050 Shares
Zillow Group, Inc. (NASDAQ:Z) CEO Spencer M. Rascoff sold 58,050 shares of the firm’s stock in a transaction on Thursday, January 4th. The stock was sold at an average price of $42.03, for a total value of $2,439,841.50. Following the completion of the transaction, the chief executive officer now owns 70,050 shares in the company, valued at approximately $2,944,201.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Zillow Group, Inc. (NASDAQ:Z) traded up $0.48 during trading on Friday, reaching $42.61. The company’s stock had a trading volume of 462,127 shares, compared to its average volume of 660,050. Zillow Group, Inc. has a 1 year low of $32.56 and a 1 year high of $51.23. The company has a debt-to-equity ratio of 0.14, a quick ratio of 6.44 and a current ratio of 6.44. The company has a market capitalization of $5,320.00 and a PE ratio of -193.68.
Institutional investors have recently added to or reduced their stakes in the business. Massey Quick Simon & CO. LLC acquired a new stake in shares of Zillow Group during the third quarter valued at about $130,000. D.A. Davidson & CO. boosted its stake in shares of Zillow Group by 2.1% during the second quarter. D.A. Davidson & CO. now owns 2,817 shares of the financial services provider’s stock valued at $138,000 after purchasing an additional 57 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Zillow Group by 878.9% during the second quarter. JPMorgan Chase & Co. now owns 3,152 shares of the financial services provider’s stock valued at $154,000 after purchasing an additional 2,830 shares in the last quarter. ETF Managers Group LLC acquired a new stake in shares of Zillow Group during the second quarter valued at about $167,000. Finally, Toronto Dominion Bank boosted its stake in shares of Zillow Group by 246.7% during the third quarter. Toronto Dominion Bank now owns 4,417 shares of the financial services provider’s stock valued at $178,000 after purchasing an additional 3,143 shares in the last quarter. Hedge funds and other institutional investors own 58.00% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: “Zillow Group, Inc. (Z) CEO Spencer M. Rascoff Sells 58,050 Shares” was originally posted by American Banking News and is the property of of American Banking News. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of United States and international copyright and trademark laws. The correct version of this news story can be viewed at https://www.americanbankingnews.com/2018/01/05/zillow-group-inc-z-ceo-spencer-m-rascoff-sells-58050-shares.html.
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.
Receive News & Ratings for Zillow Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zillow Group and related companies with MarketBeat.com's FREE daily email newsletter.