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

Zillow Group, Inc. (NASDAQ:Z) insider Susan Daimler sold 3,694 shares of Zillow Group stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $73.98, for a total value of $273,282.12. Following the sale, the insider now directly owns 18,770 shares of the company’s stock, valued at approximately $1,388,604.60. This trade represents a 16.44 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

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

Zillow Group Stock Down 1.7 %

Shares of Z stock opened at $73.04 on Friday. Zillow Group, Inc. has a twelve month low of $37.63 and a twelve month high of $76.69. The company has a current ratio of 3.13, a quick ratio of 3.13 and a debt-to-equity ratio of 0.11. The business’s 50 day moving average is $63.61 and its two-hundred day moving average is $53.05.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Larson Financial Group LLC grew its position in Zillow Group by 364.4% during the second quarter. Larson Financial Group LLC now owns 613 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 481 shares during the period. Livforsakringsbolaget Skandia Omsesidigt increased its holdings in 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 buying an additional 400 shares during the last quarter. V Square Quantitative Management LLC bought a new position in shares of Zillow Group in the 3rd quarter worth about $35,000. Blue Trust Inc. boosted its holdings in shares of Zillow Group by 66.3% during the third quarter. Blue Trust Inc. now owns 785 shares of the financial services provider’s stock valued at $50,000 after acquiring an additional 313 shares during the period. Finally, Quarry LP acquired a new position in Zillow Group during the 2nd quarter worth $61,000. Hedge funds and other institutional investors own 71.01% of the company’s stock.

Wall Street Analysts Forecast Growth

Z has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft raised their price objective on Zillow Group from $55.00 to $60.00 and gave the stock a “buy” rating in a research report on Friday, August 9th. UBS Group upgraded shares of Zillow Group to a “strong-buy” rating in a research note on Thursday, August 8th. Craig Hallum upgraded Zillow Group to a “strong-buy” rating in a research report on Thursday, August 8th. Needham & Company LLC reiterated a “hold” rating on shares of Zillow Group in a research report on Thursday, November 7th. Finally, Jefferies Financial Group upped their target price on Zillow Group from $80.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. Four analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $70.33.

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.