3 days Ago By ABMN Staff
California Public Employees Retirement System increased its stake in Zillow Group, Inc. ( NASDAQ:ZG – Free Report ) by 5.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission.
The institutional investor owned 132,332 shares of the technology company’s stock after acquiring an additional 6,951 shares during the quarter. California Public Employees Retirement System owned 0.06% of Zillow Group worth $9,376,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of the stock. Norges Bank bought a new position in Zillow Group in the fourth quarter worth approximately $165,326,000. Geode Capital Management LLC raised its position in shares of Zillow Group by 3.
3% during the third quarter. Geode Capital Management LLC now owns 1,025,060 shares of the technology company’s stock worth $63,523,000 after purchasing an additional 32,766 shares during the period. State Street Corp lifted its holdings in shares of Zillow Group by 0.
4% in the 3rd quarter. State Street Corp now owns 805,279 shares of the technology company’s stock worth $49,871,000 after purchasing an additional 2,832 shares in the last quarter. Virtu Financial LLC grew its position in Zillow Group by 101.
3% in the 4th quarter. Virtu Financial LLC now owns 420,255 shares of the technology company’s stock valued at $29,775,000 after purchasing an additional 211,482 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in Zillow Group by 1,261.
3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 260,465 shares of the technology company’s stock valued at $18,454,000 after purchasing an additional 241,331 shares in the last quarter. Institutional investors and hedge funds own 20.
32% of the company’s stock. Insider Activity at Zillow Group In other news, insider Errol G. Samuelson sold 2,854 shares of the firm’s stock in a transaction on Wednesday, March 26th.
The stock was sold at an average price of $73.34, for a total value of $209,312.36.
Following the completion of the transaction, the insider now directly owns 142,636 shares of the company’s stock, valued at $10,460,924.24. This trade represents a 1.
96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . Also, COO Jun Choo sold 1,277 shares of the business’s stock in a transaction on Thursday, February 13th.
The shares were sold at an average price of $77.72, for a total value of $99,248.44.
Following the sale, the chief operating officer now owns 86,853 shares in the company, valued at approximately $6,750,215.16. The trade was a 1.
45 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last three months, insiders have sold 98,919 shares of company stock worth $7,869,478.
Company insiders own 17.14% of the company’s stock. Analyst Ratings Changes View Our Latest Analysis on ZG Zillow Group Stock Down 2.
3 % Shares of ZG stock opened at $65.32 on Monday. The firm has a market cap of $15.
84 billion, a P/E ratio of -138.98, a PEG ratio of 8.90 and a beta of 2.
22. The company has a 50 day moving average of $73.99 and a 200-day moving average of $70.
96. Zillow Group, Inc. has a 12-month low of $38.
06 and a 12-month high of $86.58. Zillow Group ( NASDAQ:ZG – Get Free Report ) last released its earnings results on Tuesday, February 11th.
The technology company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.
48). Zillow Group had a negative return on equity of 2.12% and a negative net margin of 5.
01%. As a group, equities analysts expect that Zillow Group, Inc. will post 0.
32 EPS for the current year. Zillow Group Profile ( 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. Read More Receive News & Ratings for Zillow Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zillow Group and related companies with MarketBeat.com's FREE daily email newsletter .
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