Zillow Group, Inc. (NASDAQ:Z) Shares Bought by Avory & Company LLC

Avory & Company LLC increased its position in Zillow Group, Inc. (NASDAQ:Z – Get Rating) by 3.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 255,912 shares of the financial services provider’s stock after buying an additional 9,202 shares during the quarter. Zillow Group comprises approximately 6.2% of Avory & Company LLC’s holdings, making the stock its 8th largest position. Avory & Company LLC owned approximately 0.10% of Zillow Group worth $7,322,000 at the end of the most recent quarter.

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Several other large investors have also bought and sold shares of Z. Zions Bancorporation N.A. boosted its position in shares of Zillow Group by 371.7% in the 1st quarter. Zions Bancorporation N.A. now owns 500 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 394 shares during the period. Ellevest Inc. raised its holdings in shares of Zillow Group by 53.6% during the second quarter. Ellevest Inc. now owns 940 shares of the financial services provider’s stock valued at $30,000 after acquiring an additional 328 shares during the period. Eagle Bay Advisors LLC purchased a new stake in shares of Zillow Group in the 2nd quarter valued at approximately $36,000. Prudential PLC purchased a new position in Zillow Group during the 1st quarter worth approximately $61,000. Finally, Captrust Financial Advisors raised its stake in Zillow Group by 30.1% during the 2nd quarter. Captrust Financial Advisors now owns 1,996 shares of the financial services provider’s stock valued at $63,000 after purchasing an additional 462 shares during the period. Institutional investors own 68.24% of the company’s stock.

Insiders Place Their Bets

In related news, CAO Jennifer Rock sold 9,515 shares of the firm’s stock in a transaction on Thursday, November 3rd. The stock was sold at an average price of $31.10, for a total transaction of $295,916.50. Following the sale, the chief accounting officer now owns 68,554 shares of the company’s stock, valued at approximately $2,132,029.40. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, CAO Jennifer Rock sold 9,515 shares of Zillow Group stock in a transaction that occurred on Thursday, November 3rd. The stock was sold at an average price of $31.10, for a total value of $295,916.50. Following the transaction, the chief accounting officer now directly owns 68,554 shares of the company’s stock, valued at $2,132,029.40. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Jeremy Wacksman sold 3,799 shares of the company’s stock in a transaction on Monday, November 21st. The shares were sold at an average price of $35.00, for a total transaction of $132,965.00. Following the sale, the chief operating officer now directly owns 65,159 shares in the company, valued at approximately $2,280,565. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 71,339 shares of company stock valued at $2,537,000. 15.30% of the stock is currently owned by corporate insiders.

Zillow Group Stock Performance

Z opened at $43.23 on Friday. Zillow Group, Inc. has a 1 year low of $26.14 and a 1 year high of $65.88. The stock has a market cap of $10.28 billion, a PE ratio of -37.27 and a beta of 1.49. The company has a current ratio of 12.09, a quick ratio of 12.09 and a debt-to-equity ratio of 0.36. The stock’s 50 day simple moving average is $35.62 and its 200-day simple moving average is $34.13.

Zillow Group (NASDAQ:Z – Get Rating) last posted its earnings results on Wednesday, November 2nd. The financial services provider reported ($0.20) earnings per share for the quarter. The firm had revenue of $483.00 million for the quarter. Zillow Group had a negative return on equity of 3.16% and a negative net margin of 3.01%.

Wall Street Analysts Forecast Growth

Z has been the topic of several research analyst reports. Jefferies Financial Group lowered their price target on shares of Zillow Group from $50.00 to $40.00 and set a “buy” rating on the stock in a report on Thursday, October 6th. Bank of America raised Zillow Group from an “underperform” rating to a “buy” rating and upped their target price for the stock from $22.00 to $42.00 in a research report on Monday. Finally, Morgan Stanley lowered their price target on Zillow Group from $40.00 to $38.00 and set an “equal weight” rating for the company in a research note on Friday, November 4th.

Zillow Group Profile

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Zillow Group, Inc, a digital real estate company, operates real estate brands on mobile applications and Websites in the United States. The company operates through three segments: Homes; Internet, Media & Technology; and Mortgages. The Homes segment is involved in resale of homes; and title and escrow services to home buyers and sellers, including title search procedures for title insurance policies, escrow, and other closing services.

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Institutional Ownership by Quarter for Zillow Group (NASDAQ:Z)

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