Dimensional Fund Advisors LP Grows Stock Holdings in Zillow Group, Inc. $ZG

Dimensional Fund Advisors LP raised its holdings in shares of Zillow Group, Inc. (NASDAQ:ZG - Free Report) by 18.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 554,460 shares of the technology company's stock after acquiring an additional 85,367 shares during the quarter. Dimensional Fund Advisors LP owned about 0.23% of Zillow Group worth $22,947,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Signaturefd LLC boosted its holdings in shares of Zillow Group by 10.4% in the fourth quarter. Signaturefd LLC now owns 1,711 shares of the technology company's stock worth $117,000 after acquiring an additional 161 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of Zillow Group by 10.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,156 shares of the technology company's stock valued at $147,000 after purchasing an additional 198 shares during the period. Lido Advisors LLC lifted its holdings in Zillow Group by 0.4% during the 4th quarter. Lido Advisors LLC now owns 50,846 shares of the technology company's stock worth $3,627,000 after purchasing an additional 215 shares in the last quarter. Royal London Asset Management Ltd. lifted its holdings in Zillow Group by 1.4% during the 2nd quarter. Royal London Asset Management Ltd. now owns 18,217 shares of the technology company's stock worth $1,248,000 after purchasing an additional 247 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Zillow Group by 7.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,915 shares of the technology company's stock worth $258,000 after purchasing an additional 258 shares during the period. Hedge funds and other institutional investors own 20.32% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on ZG. Evercore set a $40.00 price target on Zillow Group and gave the company an "in-line" rating in a research report on Thursday. Mizuho cut their price objective on shares of Zillow Group from $65.00 to $53.00 and set a "neutral" rating for the company in a research report on Thursday, May 7th. BTIG Research reaffirmed a "neutral" rating on shares of Zillow Group in a research note on Thursday, June 11th. Cantor Fitzgerald decreased their target price on shares of Zillow Group from $34.00 to $32.00 and set a "neutral" rating on the stock in a report on Thursday. Finally, Piper Sandler lowered their target price on shares of Zillow Group from $70.00 to $55.00 and set an "overweight" rating on the stock in a research note on Thursday, May 7th. Eleven research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $56.67.

Zillow Group Trading Down 8.5%

Shares of NASDAQ ZG opened at $33.76 on Friday. The business has a 50-day moving average of $33.19 and a 200-day moving average of $41.59. The firm has a market capitalization of $7.72 billion, a price-to-earnings ratio of 153.46, a PEG ratio of 1.58 and a beta of 1.95. Zillow Group, Inc. has a 12 month low of $29.03 and a 12 month high of $90.22.

Zillow Group (NASDAQ:ZG - Get Free Report) last announced its earnings results on Wednesday, August 5th. The technology company reported $0.52 earnings per share for the quarter, beating analysts' consensus estimates of $0.44 by $0.08. Zillow Group had a net margin of 1.96% and a return on equity of 2.27%. The business had revenue of $772.00 million for the quarter, compared to the consensus estimate of $758.25 million. During the same period last year, the firm posted $0.40 earnings per share. Zillow Group's quarterly revenue was up 17.9% on a year-over-year basis. On average, analysts predict that Zillow Group, Inc. will post 0.9 earnings per share for the current year.

Insider Transactions at Zillow Group

In other news, General Counsel Bradley D. Owens sold 3,364 shares of Zillow Group stock in a transaction on Friday, May 15th. The shares were sold at an average price of $37.23, for a total transaction of $125,241.72. Following the completion of the sale, the general counsel directly owned 65,245 shares of the company's stock, valued at approximately $2,429,071.35. The trade was a 4.90% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 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, insider Dan Spaulding sold 3,078 shares of the company's stock in a transaction on Monday, May 18th. The stock was sold at an average price of $37.40, for a total transaction of $115,117.20. Following the completion of the transaction, the insider owned 49,696 shares of the company's stock, valued at $1,858,630.40. This trade represents a 5.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. Over the last ninety days, insiders have sold 42,910 shares of company stock worth $1,605,732. Company insiders own 29.88% of the company's stock.

Zillow Group News Roundup

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

• Positive Sentiment: Zillow reported second-quarter adjusted earnings of $0.52 per share, above the $0.44 consensus estimate, while revenue rose 17.9% year over year to $772 million, exceeding expectations of approximately $758 million. Growth in mortgage and rental businesses supported the performance. Zillow Q2 Earnings Surpass Estimates on Solid Revenue Growth
• Positive Sentiment: Benchmark maintained a “buy” rating while lowering its price target from $110 to $80, and DA Davidson also reiterated “buy” with a target reduction from $60 to $50. The revised targets still imply substantial upside, although the cuts reflect more cautious valuation assumptions. Benchmark price target update
• Neutral Sentiment: Zillow’s July market report showed home sales increasing 7% year over year, the strongest annual gain of 2026. However, the company said sharply lower newly pending sales and higher mortgage rates point to potentially slower activity in the second half. Zillow July Market Report
• Neutral Sentiment: Zillow expanded CFO Jeremy Hofmann’s role to chief operating officer and appointed Cassandra Knight as chief legal and policy officer, changes intended to support its housing “super app” strategy. Zillow executive leadership changes
• Negative Sentiment: Third-quarter revenue guidance of $745 million to $760 million trailed the $772.3 million consensus estimate, while full-year revenue guidance of $2.9 billion to $3.0 billion was at or below expectations. The company also posted a $4 million net loss, partly due to $36 million in restructuring costs and layoffs. Zillow stock sinks despite Q2 earnings beat
• Negative Sentiment: Analyst sentiment weakened: Susquehanna cut its target to $38 and kept a “neutral” rating, Cantor Fitzgerald lowered its target to $32, and Zacks Research downgraded the stock from “strong buy” to “hold.” Zillow Group stock slides as bear notes pile up
• Negative Sentiment: Multiple law firms are publicizing a securities class action involving alleged investor losses and an August 10 lead-plaintiff deadline, adding legal and reputational overhang. Zillow securities class action deadline

About Zillow Group

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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