Andra AP fonden Sells 47,757 Shares of Zillow Group, Inc. $Z

Andra AP fonden lowered its stake in Zillow Group, Inc. (NASDAQ:Z) by 95.6% in the first quarter, HoldingsChannel.com reports. The firm owned 2,200 shares of the financial services provider’s stock after selling 47,757 shares during the quarter. Andra AP fonden’s holdings in Zillow Group were worth $91,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of Z. Empowered Funds LLC lifted its holdings in Zillow Group by 4.7% during the 1st quarter. Empowered Funds LLC now owns 3,822 shares of the financial services provider’s stock worth $262,000 after buying an additional 171 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Zillow Group by 21.4% in the 4th quarter. GAMMA Investing LLC now owns 1,186 shares of the financial services provider’s stock valued at $81,000 after buying an additional 209 shares during the period. CIBC Asset Management Inc increased its stake in shares of Zillow Group by 3.0% in the 4th quarter. CIBC Asset Management Inc now owns 7,550 shares of the financial services provider’s stock valued at $515,000 after buying an additional 220 shares during the period. B. Metzler seel. Sohn & Co. AG increased its stake in shares of Zillow Group by 6.9% in the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 3,923 shares of the financial services provider’s stock valued at $268,000 after buying an additional 252 shares during the period. Finally, Public Employees Retirement System of Ohio raised its position in shares of Zillow Group by 0.5% during the third quarter. Public Employees Retirement System of Ohio now owns 55,410 shares of the financial services provider’s stock worth $4,269,000 after acquiring an additional 259 shares during the last quarter. Institutional investors own 71.01% of the company’s stock.

Key Headlines Impacting Zillow Group

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

• Positive Sentiment: Zillow’s own rent data showed U.S. asking rents rose 2.2% year over year in June to $1,965, suggesting continued strength in rental pricing trends and demand. Rent is ticking up, but so are the deals
• Neutral Sentiment: Multiple law firms reiterated that investors who bought Zillow shares between February 11, 2025 and May 7, 2026 may be eligible to participate in an already-filed securities class action, with an August 10 lead-plaintiff deadline. ROSEN, THE FIRST FILING FIRM, Encourages Zillow Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – Z, ZG
• Neutral Sentiment: Additional firms published similar investor alerts and lawsuit notices, increasing attention on the litigation but not adding new operational information about the business. Zillow Group, Inc. (Z, ZG) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
• Neutral Sentiment: Other notices repeated the same class-action allegations and deadline reminders, reinforcing the legal overhang around Zillow Group (Z). Zillow Group Securities Fraud Class Action Arising from Alleged Anticompetitive Agreement and Related Regulatory Risks
• Negative Sentiment: The main stock-price headwind is the accumulation of securities-fraud lawsuits and investor reminders, which can weigh on sentiment by raising uncertainty about potential damages, legal costs, and regulatory scrutiny. Z, ZG Court Alert: Zillow Investors Seeking to Recover Losses in Securities Fraud Class Action are Notified to Contact BFA Law before August 10 Deadline

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Jefferies Financial Group cut their price target on Zillow Group from $75.00 to $60.00 and set a “buy” rating on the stock in a research note on Tuesday, July 14th. Wall Street Zen upgraded shares of Zillow Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Keefe, Bruyette & Woods cut their target price on shares of Zillow Group from $50.00 to $37.00 and set a “market perform” rating on the stock in a research report on Monday, July 13th. JPMorgan Chase & Co. reduced their target price on shares of Zillow Group from $84.00 to $76.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Finally, UBS Group lowered their price target on shares of Zillow Group from $80.00 to $75.00 and set a “buy” rating for the company in a research report on Tuesday, April 28th. Three investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $72.38.

Insider Activity at Zillow Group

In other news, insider Dan Spaulding sold 3,078 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $37.40, for a total value of $115,117.20. Following the completion of the sale, the insider directly owned 49,696 shares of the company’s stock, valued at $1,858,630.40. This represents a 5.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Errol G. Samuelson sold 2,939 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $37.97, for a total transaction of $111,593.83. Following the completion of the sale, the insider owned 134,039 shares in the company, valued at $5,089,460.83. This represents a 2.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 42,910 shares of company stock worth $1,605,732. 25.03% of the stock is owned by company insiders.

Zillow Group Stock Down 5.7%

NASDAQ:Z opened at $29.58 on Friday. Zillow Group, Inc. has a 12-month low of $29.23 and a 12-month high of $93.88. The stock’s fifty day simple moving average is $33.58 and its 200-day simple moving average is $44.00. The firm has a market capitalization of $6.77 billion, a P/E ratio of 118.32, a P/E/G ratio of 1.34 and a beta of 1.98.

Zillow Group (NASDAQ:Z) last released its earnings results on Wednesday, May 6th. The financial services provider reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.10. Zillow Group had a return on equity of 1.41% and a net margin of 2.27%.The firm had revenue of $708.00 million for the quarter, compared to analyst estimates of $705.10 million. As a group, equities research analysts expect that Zillow Group, Inc. will post 0.9 earnings per share for the current year.

About Zillow Group

Zillow Group, Inc is an online real estate marketplace company that operates a portfolio of consumer-facing websites and mobile apps designed to connect buyers, sellers, renters, homeowners and real estate professionals. The company’s platforms aggregate property listings, rental listings, and related information to help users search for homes, estimate property values and connect with agents and service providers. Zillow generates revenue primarily through advertising and lead-generation services for real estate professionals, property managers and mortgage lenders.

Key products and services include the Zillow and Trulia consumer websites and apps, which provide searchable listings, photos, neighborhood data and the company’s automated home valuation tool known as the “Zestimate.” Zillow also offers a rentals marketplace, a mortgage marketplace and tools for home buying and selling such as Zillow Premier Agent for agent advertising and leads, as well as ancillary services designed to support transactions, including closing and title-related offerings.