Teza Capital Management LLC Purchases 15,397 Shares of Zillow Group, Inc. (NASDAQ:Z)

Teza Capital Management LLC grew its position in shares of Zillow Group, Inc. (NASDAQ:Z - Free Report) by 66.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,609 shares of the financial services provider's stock after purchasing an additional 15,397 shares during the period. Teza Capital Management LLC's holdings in Zillow Group were worth $2,859,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in Z. National Bank of Canada FI bought a new stake in shares of Zillow Group in the 4th quarter worth approximately $55,000. Assetmark Inc. boosted its holdings in shares of Zillow Group by 7,410.0% in the fourth quarter. Assetmark Inc. now owns 751 shares of the financial services provider's stock worth $56,000 after buying an additional 741 shares during the last quarter. Blue Trust Inc. increased its stake in shares of Zillow Group by 17.5% in the 4th quarter. Blue Trust Inc. now owns 922 shares of the financial services provider's stock worth $68,000 after purchasing an additional 137 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in shares of 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 valued at $79,000 after buying an additional 367 shares in the last quarter. Finally, Natixis bought a new position in shares of Zillow Group in the fourth quarter worth approximately $80,000. Hedge funds and other institutional investors own 71.01% of the company's stock.

Insider Activity

In other Zillow Group news, COO Jun Choo sold 55,000 shares of the business's stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $78.18, for a total transaction of $4,299,900.00. Following the sale, the chief operating officer now directly owns 86,853 shares of the company's stock, valued at $6,790,167.54. The trade was a 38.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Errol G. Samuelson sold 2,854 shares of the company's stock in a transaction on Wednesday, March 26th. The shares were sold at an average price of $73.34, for a total transaction of $209,312.36. Following the completion of the sale, the insider now directly owns 142,636 shares in the company, valued at approximately $10,460,924.24. This represents a 1.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 157,741 shares of company stock valued at $11,414,034. 25.03% of the stock is owned by insiders.

Zillow Group Stock Down 0.9%

Shares of Z stock traded down $0.61 during trading hours on Tuesday, reaching $67.18. 1,614,936 shares of the company's stock were exchanged, compared to its average volume of 3,231,874. The stock has a market capitalization of $16.30 billion, a P/E ratio of -142.94, a P/E/G ratio of 9.24 and a beta of 2.23. The business has a fifty day moving average price of $67.19 and a 200-day moving average price of $74.02. Zillow Group, Inc. has a fifty-two week low of $39.05 and a fifty-two week high of $89.39.

Wall Street Analysts Forecast Growth

Z has been the topic of several recent analyst reports. Baird R W raised shares of Zillow Group to a "hold" rating in a research note on Friday, January 31st. Deutsche Bank Aktiengesellschaft upped their target price on Zillow Group from $90.00 to $95.00 and gave the stock a "buy" rating in a report on Tuesday, February 11th. William Blair began coverage on shares of Zillow Group in a report on Monday, April 21st. They issued a "market perform" rating on the stock. JPMorgan Chase & Co. cut their price target on shares of Zillow Group from $93.00 to $79.00 and set an "overweight" rating on the stock in a research note on Thursday, May 8th. Finally, Wedbush reaffirmed an "outperform" rating and set a $100.00 target price on shares of Zillow Group in a report on Monday, May 5th. Eight research analysts have rated the stock with a hold rating, four have given a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $83.71.

Zillow Group Profile

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.