4 days Ago By ABMN Staff
Zillow Group ( NASDAQ:ZG – Free Report ) had its price target lowered by Citigroup from $98.00 to $87.00 in a research report released on Tuesday, Benzinga reports.
The firm currently has a buy rating on the technology company’s stock. Several other research firms have also recently weighed in on ZG. DA Davidson reissued a “buy” rating and issued a $90.
00 price objective on shares of Zillow Group in a research report on Friday, April 11th. Evercore ISI increased their price target on shares of Zillow Group from $75.00 to $90.
00 and gave the stock an “outperform” rating in a report on Wednesday, February 12th. Cantor Fitzgerald boosted their target price on Zillow Group from $62.00 to $70.
00 and gave the stock a “neutral” rating in a research report on Wednesday, February 12th. Robert W. Baird initiated coverage on shares of Zillow Group in a report on Friday, January 31st.
They issued a “neutral” rating and a $88.00 price target on the stock. Finally, KeyCorp decreased their price objective on Zillow Group from $95.
00 to $85.00 and set an “overweight” rating on the stock in a report on Tuesday, March 18th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the stock.
Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $81.05. View Our Latest Report on ZG Zillow Group Trading Up 2.
2 % Zillow Group ( NASDAQ:ZG – Get Free Report ) last announced its quarterly earnings data on Tuesday, February 11th. The technology company reported ($0.22) EPS for the quarter, missing analysts’ consensus estimates of $0.
26 by ($0.48). Zillow Group had a negative net margin of 5.
01% and a negative return on equity of 2.12%. As a group, research analysts predict that Zillow Group will post 0.
32 EPS for the current fiscal year. Insider Activity In other news, CFO Jeremy Hofmann sold 23,388 shares of Zillow Group stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $84.
98, for a total transaction of $1,987,512.24. Following the completion of the transaction, the chief financial officer now directly owns 99,362 shares in the company, valued at approximately $8,443,782.
76. This trade represents a 19.05 % decrease in their ownership of the stock.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website . Also, COO Jun Choo sold 55,000 shares of the stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $78.
18, for a total value of $4,299,900.00. Following the completion of the sale, the chief operating officer now directly owns 86,853 shares in the company, valued at approximately $6,790,167.
54. This represents a 38.77 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . In the last 90 days, insiders have sold 98,919 shares of company stock valued at $7,869,478. Corporate insiders own 17.
14% of the company’s stock. Institutional Inflows and Outflows Hedge funds have recently modified their holdings of the business. Pilgrim Partners Asia Pte Ltd bought a new position in Zillow Group in the 4th quarter worth $27,000.
Blue Trust Inc. boosted its stake in shares of Zillow Group by 70.2% in the fourth quarter.
Blue Trust Inc. now owns 417 shares of the technology company’s stock worth $30,000 after acquiring an additional 172 shares during the period. Asset Dedication LLC purchased a new stake in shares of Zillow Group during the fourth quarter worth about $47,000.
CX Institutional bought a new stake in Zillow Group during the 1st quarter valued at approximately $46,000. Finally, Assetmark Inc. lifted its holdings in Zillow Group by 18,875.
0% in the 4th quarter. Assetmark Inc. now owns 759 shares of the technology company’s stock worth $54,000 after purchasing an additional 755 shares in the last quarter.
Hedge funds and other institutional investors own 20.32% of the company’s stock. 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. 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.
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