Independent Franchise Partners LLP Boosts Stake in Zillow Group, Inc. $ZG

Independent Franchise Partners LLP increased its stake in shares of Zillow Group, Inc. (NASDAQ:ZG) by 1.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,024,556 shares of the technology company’s stock after purchasing an additional 21,862 shares during the period. Zillow Group makes up approximately 0.9% of Independent Franchise Partners LLP’s investment portfolio, making the stock its 23rd largest position. Independent Franchise Partners LLP owned 0.84% of Zillow Group worth $138,135,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ZG. DoubleLine ETF Adviser LP boosted its position in Zillow Group by 4.9% in the 3rd quarter. DoubleLine ETF Adviser LP now owns 3,214 shares of the technology company’s stock valued at $239,000 after buying an additional 150 shares during the period. Signaturefd LLC boosted its position in Zillow Group by 10.4% in the 4th quarter. Signaturefd LLC now owns 1,711 shares of the technology company’s stock valued at $117,000 after buying an additional 161 shares during the period. Smartleaf Asset Management LLC boosted its position in Zillow Group by 78.9% in the 3rd quarter. Smartleaf Asset Management LLC now owns 424 shares of the technology company’s stock valued at $33,000 after buying an additional 187 shares during the period. Jones Financial Companies Lllp boosted its position in Zillow Group by 23.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,033 shares of the technology company’s stock valued at $80,000 after buying an additional 194 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in Zillow Group by 10.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,156 shares of the technology company’s stock valued at $147,000 after buying an additional 198 shares during the period. Hedge funds and other institutional investors own 20.32% of the company’s stock.

Zillow Group News Summary

Here are the key news stories impacting Zillow Group this week:

• Negative Sentiment: Multiple law firms announced or reminded investors about a securities class action against Zillow Group (ZG), alleging the company failed to properly disclose antitrust and regulatory risks related to its Redfin partnership. Zillow (ZG) Faces Class Action Over Redfin Partnership And Antitrust Risk
• Negative Sentiment: A separate filing says investors who bought Zillow shares between February 11, 2025 and May 7, 2026 may join a federal securities class action, adding to litigation overhang and headline risk. ZG and Z CLASS ACTION NOTICE: Faruqi & Faruqi, LLP Reminds Zillow Group Investors of Securities Class Action Lawsuit Deadline
• Negative Sentiment: News reports describe Zillow as facing securities-fraud claims after the FTC-related antitrust issue triggered a major stock drop, reinforcing investor concern that more adverse legal or regulatory developments could follow. Z, ZG Breaking News: Zillow Sued for Securities Fraud after FTC Lawsuit Leads to 17% Stock Drop
• Neutral Sentiment: One analyst-style article argues Zillow could still be undervalued based on its real-estate platform fundamentals, but this appears secondary today to the legal overhang. Zillow Group (ZG) Stock Could Be 49.9% Undervalued as Its Real Estate Flywheel Is Tested
• Neutral Sentiment: Separately, Zillow’s paint-color trend report highlighted home-value insights, which is positive for brand visibility but unlikely to move the stock near term. The retro bedroom color that adds $2,277 to your home’s value, according to Zillow

Insiders Place Their Bets

In related news, insider Dan Spaulding sold 3,078 shares of Zillow Group stock in a transaction on Monday, May 18th. The shares were sold at an average price of $37.40, for a total transaction of $115,117.20. Following the sale, the insider directly owned 49,696 shares in the company, valued at $1,858,630.40. This trade represents a 5.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Erik C. Blachford sold 791 shares of Zillow Group stock in a transaction on Monday, June 8th. The stock was sold at an average price of $34.80, for a total transaction of $27,526.80. Following the sale, the director owned 34,952 shares in the company, valued at $1,216,329.60. This represents a 2.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 42,910 shares of company stock worth $1,605,732. 29.88% of the stock is currently owned by insiders.

Zillow Group Trading Down 3.8%

Shares of ZG opened at $32.25 on Thursday. Zillow Group, Inc. has a twelve month low of $31.83 and a twelve month high of $90.22. The firm’s fifty day simple moving average is $39.44 and its 200-day simple moving average is $50.84. The firm has a market capitalization of $7.38 billion, a price-to-earnings ratio of 129.00, a PEG ratio of 1.43 and a beta of 1.94.

Zillow Group (NASDAQ:ZG) last announced its quarterly earnings data on Wednesday, May 6th. The technology company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.10. Zillow Group had a net margin of 2.27% and a return on equity of 1.41%. The business had revenue of $708.00 million for the quarter, compared to analyst estimates of $705.17 million. During the same period last year, the business earned $0.41 EPS. The company’s revenue was up 18.4% on a year-over-year basis. On average, analysts predict that Zillow Group, Inc. will post 0.9 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have commented on ZG shares. Sanford C. Bernstein raised shares of Zillow Group from an “outperform” rating to a “buy” rating in a research report on Tuesday, May 26th. Evercore reissued an “outperform” rating on shares of Zillow Group in a research report on Tuesday, March 17th. Weiss Ratings cut shares of Zillow Group from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 22nd. Barclays decreased their price target on shares of Zillow Group from $58.00 to $54.00 and set an “equal weight” rating for the company in a research report on Friday, May 8th. Finally, Citigroup reissued a “market outperform” rating on shares of Zillow Group in a research report on Tuesday, May 26th. Thirteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Zillow Group has an average rating of “Hold” and an average price target of $69.43.

Zillow Group Profile

Zillow Group (NASDAQ:ZG) is a U.S.-based online real estate marketplace that connects consumers, real estate professionals and mortgage lenders through a suite of digital products and advertising services. Founded in 2006 by Rich Barton and Lloyd Frink and headquartered in Seattle, Washington, the company operates a portfolio of consumer-facing brands and tools designed to simplify home search, rental discovery, valuation and mortgage shopping.

Zillow’s core products include its consumer websites and mobile apps that list homes for sale and rent, the Zestimate automated home value estimate, and marketplaces that connect buyers and renters with agents and lenders.