Zillow Group’s (ZG) “Overweight” Rating Reiterated at Piper Sandler

Piper Sandler reaffirmed their overweight rating on shares of Zillow Group (NASDAQ:ZG) in a report published on Wednesday,Benzinga reports. The firm currently has a $70.00 price target on the technology company’s stock, down from their previous price target of $85.00.

Several other research analysts also recently issued reports on the stock. Robert W. Baird set a $67.00 target price on shares of Zillow Group in a research note on Wednesday. JPMorgan Chase & Co. upped their price objective on Zillow Group from $94.00 to $95.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. KeyCorp reduced their target price on Zillow Group from $90.00 to $75.00 and set an “overweight” rating for the company in a report on Friday, February 6th. Canaccord Genuity Group set a $72.00 price target on Zillow Group in a report on Wednesday. Finally, UBS Group set a $80.00 price objective on Zillow Group in a report on Wednesday. Fifteen equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $78.43.

Zillow Group Trading Down 0.9%

Shares of NASDAQ:ZG opened at $43.30 on Wednesday. Zillow Group has a 12-month low of $42.25 and a 12-month high of $90.22. The stock has a market capitalization of $10.48 billion, a price-to-earnings ratio of 481.16, a PEG ratio of 3.24 and a beta of 2.04. The stock has a fifty day simple moving average of $64.81 and a two-hundred day simple moving average of $71.81.

Zillow Group (NASDAQ:ZG) last issued its quarterly earnings results on Tuesday, February 10th. The technology company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.03). The company had revenue of $654.00 million for the quarter, compared to the consensus estimate of $650.40 million. Zillow Group had a net margin of 0.89% and a return on equity of 0.56%. Zillow Group’s revenue was up 18.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.27 earnings per share. As a group, equities research analysts predict that Zillow Group will post 0.32 EPS for the current year.

Insider Activity at Zillow Group

In other Zillow Group news, insider Errol G. Samuelson sold 7,015 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $44.21, for a total value of $310,133.15. Following the transaction, the insider directly owned 113,800 shares of the company’s stock, valued at approximately $5,031,098. This trade represents a 5.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Jennifer Rock sold 2,164 shares of the business’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $44.22, for a total value of $95,692.08. Following the sale, the chief accounting officer owned 39,026 shares of the company’s stock, valued at approximately $1,725,729.72. This represents a 5.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 23,753 shares of company stock valued at $1,148,029 in the last 90 days. 17.14% of the stock is owned by company insiders.

Institutional Investors Weigh In On Zillow Group

A number of hedge funds have recently modified their holdings of the business. Norges Bank bought a new position in shares of Zillow Group during the 2nd quarter valued at approximately $159,770,000. MFG Wealth Management Inc. purchased a new stake in Zillow Group during the third quarter valued at $1,493,000. Y Intercept Hong Kong Ltd purchased a new stake in Zillow Group during the third quarter valued at $1,443,000. ABC Arbitrage SA lifted its position in Zillow Group by 390.1% during the second quarter. ABC Arbitrage SA now owns 31,227 shares of the technology company’s stock valued at $2,139,000 after purchasing an additional 24,856 shares during the last quarter. Finally, TD Asset Management Inc purchased a new position in shares of Zillow Group in the 2nd quarter worth $262,000. Institutional investors own 20.32% of the company’s stock.

Zillow Group News Summary

Here are the key news stories impacting Zillow Group this week:

• Positive Sentiment: Zillow highlights a profitability milestone and faster rentals growth, which supports the company’s longer‑term path to sustainable earnings. Zillow Group Profitability Milestone Highlights Rentals Growth And Valuation Gap
• Neutral Sentiment: Citigroup cut its price target (from $100 to $78) but maintained a Buy rating, keeping upside expectations though at a lower valuation. Benzinga: Citigroup price target note
• Neutral Sentiment: Analyst commentary and features discuss potential catalysts and valuation tradeoffs — useful for investors weighing near‑term legal/earnings headwinds versus longer‑term revenue momentum. What Catalysts Are Recasting The Story For Zillow Group (ZG)?
• Negative Sentiment: Q4 adjusted EPS missed expectations (reported roughly $0.39 vs. consensus ~ $0.42), prompting heavy selling pressure and a sharp weekly decline. Earnings execution shortfall is the primary near‑term catalyst for the share drop. Zillow Stock Drops Nearly 20% This Week After Earnings Miss
• Negative Sentiment: Several analysts trimmed targets and/or ratings (Wells Fargo cut its target to $61; Barclays issued a Hold), reducing near‑term analyst support and pressuring sentiment. Wells Fargo & Company Cuts Zillow Group Price Target
• Negative Sentiment: Multiple insider sales were disclosed this week (including the General Counsel, CTO, COO, CAO and other insiders), which investors often view as a negative signal about confidence or a source of additional selling supply. Representative SEC filing: Insider Form 4 filing
• Negative Sentiment: Shares hit a new 12‑month low after the mix of the earnings miss, price‑target cuts and the spike in trading volume — signaling increased near‑term downside risk until clarity returns on margins and legal/headline issues. Zillow Group Sets New 12-Month Low Following Weak Earnings

About Zillow Group

Zillow Group (NASDAQ:ZG) is a U.S.-based online real estate marketplace that connects consumers, real estate professionals and mortgage lenders through a suite of digital products and advertising services. Founded in 2006 by Rich Barton and Lloyd Frink and headquartered in Seattle, Washington, the company operates a portfolio of consumer-facing brands and tools designed to simplify home search, rental discovery, valuation and mortgage shopping.

Zillow’s core products include its consumer websites and mobile apps that list homes for sale and rent, the Zestimate automated home value estimate, and marketplaces that connect buyers and renters with agents and lenders.