Insider Selling: Zillow Group, Inc. (NASDAQ:Z) COO Sells 7,361 Shares of Stock

Zillow Group, Inc. (NASDAQ:Z – Get Rating) COO Jeremy Wacksman sold 7,361 shares of the company’s stock in a transaction on Friday, May 19th. The stock was sold at an average price of $44.94, for a total value of $330,803.34. Following the transaction, the chief operating officer now owns 93,256 shares of the company’s stock, valued at $4,190,924.64. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Jeremy Wacksman also recently made the following trade(s):

• On Wednesday, May 17th, Jeremy Wacksman sold 4,299 shares of Zillow Group stock. The shares were sold at an average price of $44.67, for a total transaction of $192,036.33.

Zillow Group Price Performance

Shares of Z stock opened at $45.39 on Friday. The business has a 50 day simple moving average of $44.17 and a 200 day simple moving average of $40.83. The company has a debt-to-equity ratio of 0.37, a current ratio of 12.70 and a quick ratio of 12.70. Zillow Group, Inc. has a 12-month low of $26.14 and a 12-month high of $49.32.

Zillow Group (NASDAQ:Z – Get Rating) last released its quarterly earnings results on Wednesday, May 3rd. The financial services provider reported ($0.06) earnings per share (EPS) for the quarter. The business had revenue of $469.00 million during the quarter. Zillow Group had a negative return on equity of 2.19% and a negative net margin of 5.80%.

Wall Street Analyst Weigh In

Separately, Gordon Haskett initiated coverage on shares of Zillow Group in a research report on Tuesday, April 18th. They issued a “hold” rating on the stock.

Hedge Funds Weigh In On Zillow Group

Large investors have recently bought and sold shares of the stock. Zions Bancorporation N.A. lifted its holdings in shares of Zillow Group by 371.7% in the first quarter. Zions Bancorporation N.A. now owns 500 shares of the financial services provider’s stock valued at $25,000 after buying an additional 394 shares during the period. Proficio Capital Partners LLC acquired a new position in shares of Zillow Group in the 1st quarter worth approximately $26,000. Belpointe Asset Management LLC bought a new stake in shares of Zillow Group in the 4th quarter worth approximately $29,000. Resurgent Financial Advisors LLC bought a new stake in shares of Zillow Group in the 4th quarter worth approximately $29,000. Finally, Eisler Capital UK Ltd. acquired a new stake in Zillow Group during the third quarter valued at approximately $34,000. Institutional investors and hedge funds own 68.24% of the company’s stock.

Zillow Group Company Profile

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Zillow Group, Inc engages in the provision of real estate and home-related information marketplaces on mobile and the web. It operates through the following segments: Internet, Media, and Technology (IMT), Mortgages, and Homes. The IMT segment includes premier agent, rentals marketplaces, and new construction marketplaces, and sale of other advertising and business technology solutions for real estate professionals.