Key Points
- Insider selling: Director Dan Spaulding sold 3,901 shares on Feb. 12 (and a further 5,361 on Feb. 17), totaling 9,262 shares (~$408k) and cutting his stake to ~41k shares, while CEO Jeremy Wacksman (~18,390 shares) and CFO Jeremy Hofmann (5,538 shares) also sold sizable positions—activity that may pressure sentiment.
- Mixed fundamentals: Zillow missed EPS expectations (Q: $0.39 vs. $0.42 est.) but posted revenue of $654M, up 18.1% YoY; the stock trades near $44 with a 12‑month range of $42.25–$90.22 and a MarketBeat consensus of Moderate Buy (avg. target $78.05).
Zillow Group, Inc. (NASDAQ:ZG - Get Free Report) insider Dan Spaulding sold 3,901 shares of the company's stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $44.19, for a total transaction of $172,385.19. Following the completion of the transaction, the insider owned 46,441 shares in the company, valued at approximately $2,052,227.79. This represents a 7.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Dan Spaulding also recently made the following trade(s):
- On Tuesday, February 17th, Dan Spaulding sold 5,361 shares of Zillow Group stock. The shares were sold at an average price of $43.95, for a total transaction of $235,615.95.
Zillow Group Stock Up 1.6%
Zillow Group stock opened at $43.99 on Wednesday. Zillow Group, Inc. has a 12 month low of $42.25 and a 12 month high of $90.22. The stock has a market cap of $10.65 billion, a P/E ratio of 488.83, a P/E/G ratio of 3.21 and a beta of 2.04. The company's fifty day simple moving average is $63.70 and its 200-day simple moving average is $71.27.
Zillow Group (NASDAQ:ZG - Get Free Report) last released its quarterly earnings data on Tuesday, February 10th. The technology company reported $0.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by ($0.03). Zillow Group had a net margin of 0.89% and a return on equity of 0.56%. The firm had revenue of $654.00 million for the quarter, compared to analyst estimates of $650.40 million. During the same period in the previous year, the business posted $0.27 EPS. Zillow Group's revenue for the quarter was up 18.1% on a year-over-year basis. On average, equities research analysts expect that Zillow Group, Inc. will post 0.32 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Zillow Group
Hedge funds and other institutional investors have recently made changes to their positions in the business. Arax Advisory Partners increased its stake in shares of Zillow Group by 402.3% in the fourth quarter. Arax Advisory Partners now owns 442 shares of the technology company's stock worth $30,000 after purchasing an additional 354 shares during the period. Smartleaf Asset Management LLC boosted its stake in Zillow Group by 78.9% during the 3rd quarter. Smartleaf Asset Management LLC now owns 424 shares of the technology company's stock valued at $33,000 after purchasing an additional 187 shares during the period. First Command Advisory Services Inc. acquired a new stake in Zillow Group in the 4th quarter valued at approximately $34,000. Kestra Advisory Services LLC bought a new position in Zillow Group in the 4th quarter worth approximately $47,000. Finally, Quarry LP acquired a new position in shares of Zillow Group during the fourth quarter worth approximately $56,000. 20.32% of the stock is owned by institutional investors and hedge funds.
Zillow Group News Roundup
Here are the key news stories impacting Zillow Group this week:
- Positive Sentiment: Senior insiders still retain meaningful stakes after the sales (CEO Jeremy Wacksman ~116k shares, CFO Jeremy Hofmann ~65k, director/insider Dan Spaulding ~41k), which supports continued alignment with shareholders. CEO Form 4
- Neutral Sentiment: All trades were disclosed in routine SEC Form 4 filings; there’s no company announcement tying the sales to corporate events or financial guidance changes. Insider Form 4
- Negative Sentiment: CEO Jeremy Wacksman sold a combined 18,390 shares across Feb. 12 and Feb. 17 at roughly $44.20 average, generating ~ $813.5k in proceeds and reducing his reported ownership (see filings). Executive-level selling at scale can be interpreted as a signal that weighs on sentiment. CEO Form 4
- Negative Sentiment: CFO Jeremy Hofmann sold 5,538 shares on Feb. 12 at an average of $44.22 (~$244.9k), trimming his stake by ~7.8% to ~65.3k shares — another senior-level sale that may pressure sentiment. CFO Form 4
- Negative Sentiment: Director/insider Dan Spaulding sold 9,262 shares across Feb. 12 and Feb. 17 at ~ $44.07 average (~$408.0k), reducing his holding to ~41.1k shares — further insider selling from the leadership team. Insider Form 4
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on ZG shares. JPMorgan Chase & Co. increased their price objective on Zillow Group from $94.00 to $95.00 and gave the stock an "overweight" rating in a report on Friday, October 31st. UBS Group set a $80.00 price objective on shares of Zillow Group in a research note on Wednesday, February 11th. Susquehanna set a $50.00 price target on Zillow Group in a research report on Thursday, February 12th. Citigroup decreased their price target on Zillow Group from $100.00 to $78.00 and set a "buy" rating for the company in a research note on Thursday, February 12th. Finally, Piper Sandler reissued an "overweight" rating and issued a $70.00 price objective (down from $85.00) on shares of Zillow Group in a research note on Wednesday, February 11th. Fourteen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $78.05.
View Our Latest Research Report on ZG
Zillow Group Company Profile
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
