Richard N. Barton Sells 10,000 Shares of Zillow Group, Inc. (Z) Stock
Zillow Group, Inc. (NASDAQ:Z) Chairman Richard N. Barton sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $40.08, for a total transaction of $400,800.00. Following the transaction, the chairman now directly owns 6,458,145 shares of the company’s stock, valued at approximately $258,842,451.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Shares of Zillow Group, Inc. (NASDAQ:Z) traded down $0.42 during trading on Tuesday, hitting $39.12. 873,900 shares of the stock traded hands, compared to its average volume of 1,385,581. Zillow Group, Inc. has a 1-year low of $32.56 and a 1-year high of $51.23. The company has a debt-to-equity ratio of 0.14, a quick ratio of 6.44 and a current ratio of 6.44.
ILLEGAL ACTIVITY WARNING: “Richard N. Barton Sells 10,000 Shares of Zillow Group, Inc. (Z) Stock” was published by Daily Political and is the sole property of of Daily Political. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States & international copyright and trademark law. The correct version of this piece can be viewed at https://www.dailypolitical.com/2017/11/14/richard-n-barton-sells-10000-shares-of-zillow-group-inc-z-stock.html.
Z has been the topic of several research reports. BidaskClub cut shares of Zillow Group from a “hold” rating to a “sell” rating in a report on Wednesday, September 6th. Benchmark Co. restated a “buy” rating and issued a $55.00 target price on shares of Zillow Group in a report on Thursday, October 5th. Canaccord Genuity raised their target price on shares of Zillow Group from $52.00 to $53.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th. Finally, Deutsche Bank AG raised their target price on shares of Zillow Group to $50.00 and gave the stock a “neutral” rating in a report on Monday, August 7th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $47.44.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. D.A. Davidson & CO. increased its holdings in Zillow Group by 2.1% in the 2nd quarter. D.A. Davidson & CO. now owns 2,817 shares of the financial services provider’s stock valued at $138,000 after acquiring an additional 57 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Zillow Group by 878.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,152 shares of the financial services provider’s stock valued at $154,000 after acquiring an additional 2,830 shares during the last quarter. Massey Quick Simon & CO. LLC bought a new stake in Zillow Group in the 3rd quarter valued at $130,000. ETF Managers Group LLC bought a new stake in Zillow Group in the 2nd quarter valued at $167,000. Finally, Virtu KCG Holdings LLC bought a new stake in Zillow Group in the 2nd quarter valued at $206,000. Institutional investors own 86.13% of the company’s stock.
Zillow Group Company Profile
Zillow Group, Inc operates real estate and home-related information marketplaces on mobile and the Web in the United States. The company offers a portfolio of brands and products to enable people find information about homes and connect with local professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.
Receive News & Ratings for Zillow Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zillow Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.