Zillow Group, Inc. (NASDAQ:Z) Vice Chairman Lloyd D. Frink sold 13,600 shares of the stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $44.60, for a total value of $606,560.00. Following the transaction, the insider now owns 4,334,008 shares in the company, valued at $193,296,756.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Zillow Group, Inc. (NASDAQ Z) traded down $1.39 during mid-day trading on Friday, hitting $42.58. The stock had a trading volume of 2,130,000 shares, compared to its average volume of 732,268. 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 fifty-two week low of $32.56 and a fifty-two week high of $51.23. The firm has a market capitalization of $5,560.00 and a price-to-earnings ratio of -193.55.
Zillow Group (NASDAQ:Z) last posted its earnings results on Tuesday, November 7th. The financial services provider reported $0.05 earnings per share (EPS) for the quarter. Zillow Group had a negative return on equity of 0.25% and a negative net margin of 3.99%.
Several brokerages have commented on Z. Benchmark restated a “buy” rating and set a $55.00 price target on shares of Zillow Group in a research note on Thursday, October 5th. Canaccord Genuity upped their price target on Zillow Group from $52.00 to $53.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. BidaskClub lowered Zillow Group from a “hold” rating to a “sell” rating in a research note on Wednesday, November 15th. Finally, Morgan Stanley upgraded Zillow Group from an “equal weight” rating to an “overweight” rating and set a $50.00 price target for the company in a research note on Wednesday, January 10th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $48.81.
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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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