Zillow Group, Inc. (NASDAQ:Z) Shares Purchased by Mirador Capital Partners LP

Mirador Capital Partners LP increased its holdings in shares of Zillow Group, Inc. (NASDAQ:Z) by 1.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,955 shares of the financial services provider’s stock after acquiring an additional 292 shares during the period. Mirador Capital Partners LP’s holdings in Zillow Group were worth $1,478,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Livforsakringsbolaget Skandia Omsesidigt lifted its position in shares of Zillow Group by 400.0% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 500 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 400 shares in the last quarter. V Square Quantitative Management LLC purchased a new position in Zillow Group during the third quarter worth about $35,000. Blue Trust Inc. lifted its position in Zillow Group by 66.3% during the third quarter. Blue Trust Inc. now owns 785 shares of the financial services provider’s stock worth $50,000 after buying an additional 313 shares during the period. Quarry LP purchased a new position in Zillow Group during the second quarter worth about $61,000. Finally, Brooklyn Investment Group purchased a new position in Zillow Group during the third quarter worth about $74,000. Institutional investors and hedge funds own 71.01% of the company’s stock.

Insider Buying and Selling

In other Zillow Group news, insider Susan Daimler sold 3,694 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $73.98, for a total transaction of $273,282.12. Following the completion of the sale, the insider now directly owns 18,770 shares in the company, valued at approximately $1,388,604.60. This trade represents a 16.44 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CTO David A. Beitel sold 56,750 shares of the firm’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $72.39, for a total value of $4,108,132.50. Following the sale, the chief technology officer now owns 92 shares of the company’s stock, valued at $6,659.88. The trade was a 99.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 139,689 shares of company stock worth $10,395,879 in the last three months. 23.76% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on Z. Needham & Company LLC reiterated a “hold” rating on shares of Zillow Group in a research report on Thursday, November 7th. Jefferies Financial Group raised their price objective on Zillow Group from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. Bank of America raised their price objective on Zillow Group from $54.00 to $71.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. Finally, Morgan Stanley raised their price objective on Zillow Group from $60.00 to $75.00 and gave the stock an “equal weight” rating in a report on Monday. Four research analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $72.83.

Zillow Group Stock Down 0.7 %

Shares of Z stock opened at $74.80 on Thursday. Zillow Group, Inc. has a 1 year low of $38.45 and a 1 year high of $86.88. The stock has a market cap of $17.47 billion, a PE ratio of -131.23, a price-to-earnings-growth ratio of 13.43 and a beta of 2.02. The business’s fifty day moving average is $77.59 and its 200-day moving average is $63.48. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.13 and a current ratio of 3.13.

Zillow Group Profile

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.