Zillow Group, Inc. (NASDAQ:Z) Shares Acquired by Teza Capital Management LLC

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

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. National Bank of Canada FI bought a new stake in shares of Zillow Group during the fourth quarter valued at approximately $55,000. Assetmark Inc. grew its position in shares of 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 buying an additional 741 shares in the last quarter. Blue Trust Inc. increased its stake in shares of Zillow Group by 17.5% during the fourth quarter. Blue Trust Inc. now owns 922 shares of the financial services provider's stock valued at $68,000 after buying an additional 137 shares during the period. Smartleaf Asset Management LLC increased its stake in shares of Zillow Group by 53.3% during the fourth 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 during the period. Finally, Natixis bought a new stake in shares of Zillow Group in the fourth quarter valued at about $80,000. Hedge funds and other institutional investors own 71.01% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently commented on Z. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Zillow Group from $90.00 to $95.00 and gave the stock a "buy" rating in a research note on Tuesday, February 11th. Baird R W raised Zillow Group to a "hold" rating in a research report on Friday, January 31st. JPMorgan Chase & Co. decreased their price objective on Zillow Group from $93.00 to $79.00 and set an "overweight" rating for the company in a research note on Thursday, May 8th. William Blair started coverage on Zillow Group in a research note on Monday, April 21st. They issued a "market perform" rating on the stock. Finally, Wedbush reiterated an "outperform" rating and issued 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 assigned a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat, Zillow Group currently has a consensus rating of "Moderate Buy" and a consensus target price of $83.71.

Insider Transactions at Zillow Group

In other news, insider Dan Spaulding sold 5,534 shares of the company's stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $68.98, for a total transaction of $381,735.32. Following the completion of the transaction, the insider now directly owns 68,889 shares of the company's stock, valued at $4,751,963.22. This represents a 7.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, General Counsel Bradley D. Owens sold 1,154 shares of the business's stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of $68.74, for a total transaction of $79,325.96. Following the completion of the sale, the general counsel now directly owns 50,681 shares of the company's stock, valued at approximately $3,483,811.94. The trade was a 2.23% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 157,741 shares of company stock valued at $11,414,034 in the last 90 days. 25.03% of the stock is currently owned by company insiders.

Zillow Group Trading Up 1.4%

Shares of Z stock traded up $0.90 during trading hours on Friday, hitting $65.93. The company's stock had a trading volume of 907,940 shares, compared to its average volume of 3,225,378. The stock has a market cap of $15.92 billion, a PE ratio of -139.93, a price-to-earnings-growth ratio of 9.24 and a beta of 2.23. Zillow Group, Inc. has a 12-month low of $39.05 and a 12-month high of $89.39. The company has a 50 day moving average of $66.97 and a 200 day moving average of $73.99.

Zillow Group Company 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.