Insider Selling: Zillow Group (NASDAQ:Z) CFO Sells 7,786 Shares of Stock

Zillow Group, Inc. (NASDAQ:Z) CFO Jeremy Hofmann sold 7,786 shares of Zillow Group stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $43.73, for a total value of $340,481.78. Following the sale, the chief financial officer owned 57,487 shares in the company, valued at $2,513,906.51. This trade represents a 11.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Jeremy Hofmann also recently made the following trade(s):

• On Thursday, February 12th, Jeremy Hofmann sold 5,538 shares of Zillow Group stock. The shares were sold at an average price of $44.22, for a total transaction of $244,890.36.

Zillow Group Price Performance

Shares of NASDAQ:Z traded up $1.01 on Wednesday, reaching $44.98. The company’s stock had a trading volume of 6,717,868 shares, compared to its average volume of 4,561,821. The stock has a market capitalization of $10.89 billion, a P/E ratio of 499.83, a PEG ratio of 3.23 and a beta of 2.08. Zillow Group, Inc. has a 52-week low of $42.50 and a 52-week high of $93.88. The stock’s 50-day moving average is $64.42 and its two-hundred day moving average is $73.31.

Zillow Group (NASDAQ:Z) last announced its quarterly earnings data on Tuesday, February 10th. The financial services provider reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). Zillow Group had a return on equity of 0.56% and a net margin of 0.89%.The firm had revenue of $654.00 million for the quarter, compared to analysts’ expectations of $650.40 million. Equities analysts forecast that Zillow Group, Inc. will post 0.32 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have weighed in on Z. Mizuho lowered shares of Zillow Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 8th. JPMorgan Chase & Co. increased their price objective on shares of Zillow Group from $94.00 to $95.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Barclays upgraded Zillow Group from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 29th. Zelman & Associates raised Zillow Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 12th. Finally, Needham & Company LLC restated a “hold” rating on shares of Zillow Group in a report on Wednesday, February 11th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $90.60.

Institutional Investors Weigh In On Zillow Group

Several hedge funds have recently modified their holdings of the stock. Root Financial Partners LLC purchased a new position in Zillow Group during the third quarter worth approximately $27,000. V Square Quantitative Management LLC purchased a new position in shares of Zillow Group in the 4th quarter worth $28,000. Pilgrim Partners Asia Pte Ltd acquired a new position in Zillow Group in the third quarter valued at $29,000. Cullen Frost Bankers Inc. grew its position in Zillow Group by 58.6% during the third quarter. Cullen Frost Bankers Inc. now owns 441 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 163 shares during the period. Finally, SBI Securities Co. Ltd. increased its stake in Zillow Group by 58.2% during the second quarter. SBI Securities Co. Ltd. now owns 503 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 185 shares during the last quarter. 71.01% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Zillow Group

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

• Positive Sentiment: Several institutional funds modestly increased stakes, signaling some professional investor interest after recent volatility. MarketBeat — Zillow Group page
• Neutral Sentiment: Susquehanna reiterated a Neutral rating and praised Zillow’s execution and long‑term initiatives, but cut its price target sharply from $80 to $50 — a mixed read that tempers upside expectations even as it acknowledges operational progress. Susquehanna note (InsiderMonkey)
• Neutral Sentiment: Q4 results showed revenue roughly in line or slightly ahead of estimates while EPS missed by a few cents — investors will be watching management commentary and margin trends for signs of sustainable recovery. Q4 presentation (Seeking Alpha)
• Neutral Sentiment: Analyst coverage is mixed: recent downgrades and price‑target cuts coexist with a few upgrades; consensus remains around a Hold, leaving limited analyst‑driven momentum. MarketBeat analyst summary
• Negative Sentiment: Multiple insider sales this week — including CEO Jeremy Wacksman, CFO Jeremy Hofmann and other executives — are sizeable and may be interpreted as reduced insider conviction, which can pressure sentiment. SEC Form 4 filings detail the sales. Wacksman SEC Form 4 Hofmann SEC Form 4
• Negative Sentiment: InsiderTrades and MarketBeat reporters flagged additional insider sales (Dan Spaulding and others) this week, adding to the negative optics around management selling into a muted market. InsiderTrades — insider sales alert

About Zillow Group

Zillow Group, Inc is an online real estate marketplace company that operates a portfolio of consumer-facing websites and mobile apps designed to connect buyers, sellers, renters, homeowners and real estate professionals. The company’s platforms aggregate property listings, rental listings, and related information to help users search for homes, estimate property values and connect with agents and service providers. Zillow generates revenue primarily through advertising and lead-generation services for real estate professionals, property managers and mortgage lenders.

Key products and services include the Zillow and Trulia consumer websites and apps, which provide searchable listings, photos, neighborhood data and the company’s automated home valuation tool known as the “Zestimate.” Zillow also offers a rentals marketplace, a mortgage marketplace and tools for home buying and selling such as Zillow Premier Agent for agent advertising and leads, as well as ancillary services designed to support transactions, including closing and title-related offerings.