Zillow Group (NASDAQ:ZG) COO Jun Choo Sells 3,141 Shares of Stock

by · The Cerbat Gem

Zillow Group, Inc. (NASDAQ:ZG – Get Free Report) COO Jun Choo sold 3,141 shares of the company’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $71.12, for a total value of $223,387.92. Following the completion of the sale, the chief operating officer directly owned 110,988 shares of the company’s stock, valued at approximately $7,893,466.56. This trade represents a 2.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Jun Choo also recently made the following trade(s):

  • On Monday, September 8th, Jun Choo sold 25,575 shares of Zillow Group stock. The shares were sold at an average price of $91.06, for a total value of $2,328,859.50.

Zillow Group Trading Down 2.1%

ZG stock traded down $1.47 on Friday, hitting $67.21. The company’s stock had a trading volume of 908,247 shares, compared to its average volume of 587,079. Zillow Group, Inc. has a 1 year low of $56.63 and a 1 year high of $90.22. The stock has a market cap of $16.27 billion, a price-to-earnings ratio of -258.50, a price-to-earnings-growth ratio of 23.55 and a beta of 2.09. The firm has a 50 day moving average of $74.40 and a two-hundred day moving average of $73.31.

Zillow Group (NASDAQ:ZG – Get Free Report) last announced its earnings results on Thursday, October 30th. The technology company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.02). Zillow Group had a negative return on equity of 1.26% and a negative net margin of 2.60%.The business had revenue of $676.00 million for the quarter, compared to analyst estimates of $670.28 million. During the same quarter last year, the company posted $0.35 EPS. Zillow Group’s quarterly revenue was up 16.4% on a year-over-year basis. Zillow Group has set its Q4 2025 guidance at EPS. As a group, equities analysts forecast that Zillow Group, Inc. will post 0.32 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Schonfeld Strategic Advisors LLC lifted its position in Zillow Group by 787.8% during the third quarter. Schonfeld Strategic Advisors LLC now owns 28,471 shares of the technology company’s stock worth $2,119,000 after buying an additional 25,264 shares during the period. Creative Planning increased its position in shares of Zillow Group by 55.8% in the third quarter. Creative Planning now owns 12,362 shares of the technology company’s stock worth $920,000 after acquiring an additional 4,428 shares in the last quarter. Virtu Financial LLC raised its position in Zillow Group by 271.9% in the third quarter. Virtu Financial LLC now owns 293,718 shares of the technology company’s stock valued at $21,864,000 after purchasing an additional 214,743 shares during the period. Occudo Quantitative Strategies LP acquired a new position in shares of Zillow Group during the third quarter worth about $1,348,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Zillow Group by 9.8% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 96,540 shares of the technology company’s stock worth $7,186,000 after buying an additional 8,625 shares during the period. 20.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on ZG shares. Sanford C. Bernstein reissued an “outperform” rating on shares of Zillow Group in a report on Monday, October 27th. Oppenheimer started coverage on Zillow Group in a report on Monday, October 6th. They set a “market perform” rating on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Zillow Group in a report on Wednesday, October 8th. Royal Bank Of Canada increased their target price on shares of Zillow Group from $88.00 to $95.00 and gave the company an “outperform” rating in a report on Thursday, August 7th. Finally, KeyCorp reiterated an “overweight” rating and set a $92.00 price target (up from $90.00) on shares of Zillow Group in a research report on Thursday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $87.42.

View Our Latest Research Report on ZG

Zillow Group Company Profile

(Get Free Report)

Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.

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