6,146 Shares in Zillow Group, Inc. (NASDAQ:Z) Bought by Moser Wealth Advisors LLC

Moser Wealth Advisors LLC bought a new position in shares of Zillow Group, Inc. (NASDAQ:Z - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 6,146 shares of the financial services provider's stock, valued at approximately $421,000.

Other large investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its holdings in Zillow Group by 47.7% during the 1st quarter. GAMMA Investing LLC now owns 607 shares of the financial services provider's stock worth $42,000 after purchasing an additional 196 shares in the last quarter. National Bank of Canada FI bought a new position in Zillow Group during the 4th quarter worth about $55,000. Assetmark Inc. increased its holdings in Zillow Group by 7,410.0% during the 4th quarter. Assetmark Inc. now owns 751 shares of the financial services provider's stock worth $56,000 after purchasing an additional 741 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in Zillow Group by 53.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,055 shares of the financial services provider's stock worth $79,000 after purchasing an additional 367 shares in the last quarter. Finally, Natixis bought a new position in Zillow Group during the 4th quarter worth about $80,000. Institutional investors own 71.01% of the company's stock.

Zillow Group Price Performance

Z traded up $0.77 during trading on Thursday, hitting $69.22. 1,340,555 shares of the stock traded hands, compared to its average volume of 3,008,884. Zillow Group, Inc. has a twelve month low of $41.67 and a twelve month high of $89.39. The company has a market cap of $16.71 billion, a price-to-earnings ratio of -203.59, a PEG ratio of 12.64 and a beta of 2.12. The business has a 50 day moving average price of $67.83 and a 200 day moving average price of $72.38.

Insider Buying and Selling at Zillow Group

In other Zillow Group news, insider Errol G. Samuelson sold 6,962 shares of the business's stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $68.63, for a total transaction of $477,802.06. Following the sale, the insider now owns 135,674 shares of the company's stock, valued at approximately $9,311,306.62. The trade was a 4.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Jennifer Rock sold 5,997 shares of the business's stock in a transaction on Thursday, May 8th. The stock was sold at an average price of $68.06, for a total transaction of $408,155.82. Following the sale, the chief accounting officer now directly owns 58,320 shares in the company, valued at approximately $3,969,259.20. The trade was a 9.32% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 101,093 shares of company stock worth $6,989,688 over the last three months. Corporate insiders own 25.03% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on Z shares. William Blair started coverage on Zillow Group in a report on Monday, April 21st. They issued a "market perform" rating for the company. Wedbush restated an "outperform" rating and issued a $100.00 price objective on shares of Zillow Group in a report on Monday, May 5th. Wells Fargo & Company upgraded Zillow Group to a "hold" rating in a report on Monday, April 28th. Keefe, Bruyette & Woods cut their target price on shares of Zillow Group from $80.00 to $76.00 and set a "market perform" rating for the company in a research note on Wednesday, May 7th. Finally, JPMorgan Chase & Co. reduced their price target on Zillow Group from $93.00 to $79.00 and set an "overweight" rating for the company in a report on Thursday, May 8th. Eight investment analysts have rated the stock with a hold rating, four have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, Zillow Group has an average rating of "Moderate Buy" and an average target price of $83.71.

About Zillow Group

Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.