Zillow Group, Inc. (NASDAQ:Z) Insider Susan Daimler Sells 3,694 Shares of Stock

Zillow Group, Inc. (NASDAQ:Z) insider Susan Daimler sold 3,694 shares of the business’s stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $73.98, for a total value of $273,282.12. Following the transaction, the insider now owns 18,770 shares in the company, valued at $1,388,604.60. The trade was a 16.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Susan Daimler also recently made the following trade(s):

• On Tuesday, September 10th, Susan Daimler sold 3,484 shares of Zillow Group stock. The stock was sold at an average price of $54.18, for a total value of $188,763.12.

Zillow Group Stock Performance

Zillow Group stock opened at $73.04 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.13 and a quick ratio of 3.13. Zillow Group, Inc. has a fifty-two week low of $37.63 and a fifty-two week high of $76.69. The stock has a fifty day moving average of $63.61 and a two-hundred day moving average of $53.12.

Analyst Upgrades and Downgrades

Z has been the topic of several research analyst reports. Jefferies Financial Group boosted their target price on shares of Zillow Group from $80.00 to $90.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Craig Hallum upgraded shares of Zillow Group to a “strong-buy” rating in a research report on Thursday, August 8th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Zillow Group from $55.00 to $60.00 and gave the company a “buy” rating in a report on Friday, August 9th. Morgan Stanley upped their price target on Zillow Group from $46.00 to $60.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 2nd. Finally, UBS Group raised Zillow Group to a “strong-buy” rating in a report on Thursday, August 8th. Four research analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Zillow Group has an average rating of “Moderate Buy” and an average target price of $70.33.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Empowered Funds LLC grew its holdings in shares of Zillow Group by 14.6% during the first quarter. Empowered Funds LLC now owns 4,752 shares of the financial services provider’s stock worth $232,000 after buying an additional 606 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in Zillow Group during the first quarter worth approximately $1,539,000. State Board of Administration of Florida Retirement System grew its stake in Zillow Group by 1.8% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 171,894 shares of the financial services provider’s stock worth $7,644,000 after acquiring an additional 3,001 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Zillow Group by 32.1% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 85,233 shares of the financial services provider’s stock worth $4,158,000 after purchasing an additional 20,729 shares during the period. Finally, Intech Investment Management LLC boosted its holdings in shares of Zillow Group by 562.3% during the first quarter. Intech Investment Management LLC now owns 53,964 shares of the financial services provider’s stock worth $2,632,000 after purchasing an additional 45,816 shares during the last quarter. Institutional investors and hedge funds own 71.01% of the company’s stock.

Zillow Group Company 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.