Insider Selling: Zillow Group, Inc. (NASDAQ:Z) General Counsel Sells 946 Shares of Stock

Zillow Group, Inc. (NASDAQ:Z – Get Rating) General Counsel Bradley D. Owens sold 946 shares of Zillow Group stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $44.67, for a total transaction of $42,257.82. Following the transaction, the general counsel now directly owns 28,756 shares in the company, valued at $1,284,530.52. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Zillow Group Price Performance

Shares of NASDAQ:Z opened at $45.39 on Monday. The company’s 50-day moving average is $44.17 and its 200 day moving average is $40.91. The company has a debt-to-equity ratio of 0.37, a quick ratio of 12.70 and a current ratio of 12.70. The company has a market capitalization of $10.62 billion, a P/E ratio of -76.93 and a beta of 1.64. Zillow Group, Inc. has a fifty-two week low of $26.14 and a fifty-two week high of $49.32.

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

Institutional Investors Weigh In On Zillow Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in Z. Vanguard Group Inc. increased its position in shares of Zillow Group by 8.4% during the first quarter. Vanguard Group Inc. now owns 23,675,244 shares of the financial services provider’s stock valued at $1,166,953,000 after buying an additional 1,837,593 shares during the period. Pacer Advisors Inc. increased its position in shares of Zillow Group by 25.7% during the first quarter. Pacer Advisors Inc. now owns 6,221,674 shares of the financial services provider’s stock valued at $276,678,000 after buying an additional 1,271,544 shares during the period. Geode Capital Management LLC increased its position in shares of Zillow Group by 2.5% during the first quarter. Geode Capital Management LLC now owns 2,687,165 shares of the financial services provider’s stock valued at $119,353,000 after buying an additional 66,732 shares during the period. Baillie Gifford & Co. increased its position in shares of Zillow Group by 3.9% during the fourth quarter. Baillie Gifford & Co. now owns 2,480,990 shares of the financial services provider’s stock valued at $79,913,000 after buying an additional 93,363 shares during the period. Finally, Dorsal Capital Management LLC increased its position in shares of Zillow Group by 69.9% during the fourth quarter. Dorsal Capital Management LLC now owns 1,750,000 shares of the financial services provider’s stock valued at $56,368,000 after buying an additional 720,000 shares during the period. 68.24% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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