Zillow Group Inc (NASDAQ:Z) CTO David A. Beitel sold 657 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $34.42, for a total transaction of $22,613.94. Following the transaction, the chief technology officer now directly owns 38,393 shares in the company, valued at $1,321,487.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of Z opened at $35.53 on Thursday. Zillow Group Inc has a twelve month low of $26.38 and a twelve month high of $51.47. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.76 and a current ratio of 3.67. The company has a 50 day moving average of $45.53 and a two-hundred day moving average of $40.72.
Zillow Group (NASDAQ:Z) last announced its earnings results on Wednesday, August 7th. The financial services provider reported ($0.35) earnings per share for the quarter, missing the Thomson Reuters’ 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 equities analysts have recently commented on the stock. Standpoint Research lowered shares of Zillow Group from a “buy” rating to a “hold” rating in a research report on Tuesday, July 16th. KeyCorp reduced their target price on shares of Zillow Group from $66.00 to $65.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. BidaskClub lowered shares of Zillow Group from a “buy” rating to a “hold” rating in a research report on Wednesday. ValuEngine raised shares of Zillow Group from a “hold” rating to a “buy” rating in a report on Thursday, August 1st. Finally, Bank of America lifted their price objective on shares of Zillow Group from $31.00 to $35.00 and gave the company an “underperform” rating in a report on Friday, May 10th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company’s stock. Zillow Group currently has a consensus rating of “Hold” and a consensus price target 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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