Jennifer Rock Sells 1,950 Shares of Zillow Group Inc (NASDAQ:Z) Stock

Zillow Group Inc (NASDAQ:Z) CAO Jennifer Rock sold 1,950 shares of the company’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $35.73, for a total transaction of $69,673.50. Following the sale, the chief accounting officer now directly owns 35,105 shares of the company’s stock, valued at approximately $1,254,301.65. The sale was disclosed in a filing with the SEC, which is available at this link.

Jennifer Rock also recently made the following trade(s):

  • On Friday, August 16th, Jennifer Rock sold 3,782 shares of Zillow Group stock. The shares were sold at an average price of $35.91, for a total transaction of $135,811.62.
  • On Monday, June 3rd, Jennifer Rock sold 2,500 shares of Zillow Group stock. The shares were sold at an average price of $42.72, for a total transaction of $106,800.00.

NASDAQ:Z traded up $0.07 on Monday, hitting $36.01. The stock had a trading volume of 1,979,655 shares, compared to its average volume of 3,057,456. The company has a debt-to-equity ratio of 0.28, a quick ratio of 3.98 and a current ratio of 3.67. The company has a fifty day moving average price of $46.03 and a two-hundred day moving average price of $40.72. Zillow Group Inc has a 1-year low of $26.38 and a 1-year high of $51.47.

Zillow Group (NASDAQ:Z) last posted its earnings results on Wednesday, August 7th. The financial services provider reported ($0.35) earnings per share for the quarter, missing the consensus estimate of ($0.14) by ($0.21). The firm had revenue of $599.58 million during the quarter. Zillow Group had a negative net margin of 13.49% and a negative return on equity of 5.12%.

A number of large investors have recently bought and sold shares of the business. Coastal Investment Advisors Inc. lifted its holdings in shares of Zillow Group by 177.0% in the 2nd quarter. Coastal Investment Advisors Inc. now owns 554 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 354 shares during the last quarter. WealthStone Inc. acquired a new position in shares of Zillow Group in the 2nd quarter worth approximately $30,000. MUFG Americas Holdings Corp acquired a new position in shares of Zillow Group in the 2nd quarter worth approximately $32,000. Strs Ohio lifted its holdings in shares of Zillow Group by 33.6% in the 1st quarter. Strs Ohio now owns 1,662 shares of the financial services provider’s stock worth $57,000 after acquiring an additional 418 shares during the last quarter. Finally, Kavar Capital Partners LLC acquired a new position in shares of Zillow Group in the 2nd quarter worth approximately $87,000. Institutional investors own 70.04% of the company’s stock.

Z has been the subject of several research reports. Standpoint Research cut shares of Zillow Group from a “buy” rating to a “hold” rating in a research note on Tuesday, July 16th. ValuEngine raised shares of Zillow Group from a “hold” rating to a “buy” rating in a research note on Thursday, August 1st. Bank of America upped their price objective on shares of Zillow Group from $31.00 to $35.00 and gave the company an “underperform” rating in a research note on Friday, May 10th. BidaskClub cut shares of Zillow Group from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 13th. Finally, KeyCorp dropped their price objective on shares of Zillow Group from $66.00 to $65.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th. Two analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. Zillow Group has a consensus rating of “Hold” and a consensus target price of $41.26.

Zillow Group Company Profile

Zillow Group, Inc operates real estate and home-related brands on mobile and the Web in the United States. The company offers a portfolio of brands and products to empowering consumers with unparalleled data, inspiration, and knowledge around homes and connecting them with real estate professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.

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