DekaBank Deutsche Girozentrale raised its holdings in shares of Zillow Group, Inc. (NASDAQ:Z – Get Rating) by 222.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 68,283 shares of the financial services provider’s stock after purchasing an additional 47,082 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Zillow Group were worth $2,192,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Zions Bancorporation N.A. increased its position in shares of Zillow Group by 371.7% during the first quarter. Zions Bancorporation N.A. now owns 500 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 394 shares in the last quarter. Eagle Bay Advisors LLC purchased a new stake in Zillow Group in the second quarter worth approximately $36,000. Eisler Capital UK Ltd. purchased a new stake in Zillow Group in the third quarter worth approximately $34,000. Prudential PLC purchased a new stake in Zillow Group in the first quarter worth approximately $61,000. Finally, Captrust Financial Advisors boosted its holdings in Zillow Group by 30.1% in the second quarter. Captrust Financial Advisors now owns 1,996 shares of the financial services provider’s stock worth $63,000 after purchasing an additional 462 shares during the last quarter. Institutional investors own 68.24% of the company’s stock.
Insider Activity at Zillow Group
In related news, CFO Allen Parker sold 3,851 shares of the company’s stock in a transaction dated Wednesday, February 15th. The shares were sold at an average price of $46.35, for a total transaction of $178,493.85. Following the transaction, the chief financial officer now directly owns 157,117 shares in the company, valued at approximately $7,282,372.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Zillow Group news, insider Errol G. Samuelson sold 4,185 shares of the business’s stock in a transaction dated Monday, March 27th. The shares were sold at an average price of $42.95, for a total value of $179,745.75. Following the completion of the sale, the insider now directly owns 162,165 shares of the company’s stock, valued at approximately $6,964,986.75. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Allen Parker sold 3,851 shares of the business’s stock in a transaction dated Wednesday, February 15th. The shares were sold at an average price of $46.35, for a total transaction of $178,493.85. Following the completion of the sale, the chief financial officer now directly owns 157,117 shares of the company’s stock, valued at $7,282,372.95. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 45,022 shares of company stock worth $2,089,941. Insiders own 15.30% of the company’s stock.
Wall Street Analyst Weigh In
Zillow Group Price Performance
Zillow Group stock opened at $45.07 on Friday. The company’s 50-day moving average price is $43.35 and its 200-day moving average price is $38.49. Zillow Group, Inc. has a twelve month low of $26.14 and a twelve month high of $49.32. The company has a debt-to-equity ratio of 0.37, a quick ratio of 13.34 and a current ratio of 13.34.
Zillow Group (NASDAQ:Z – Get Rating) last posted its earnings results on Wednesday, February 15th. The financial services provider reported ($0.25) earnings per share for the quarter. Zillow Group had a negative return on equity of 0.54% and a negative net margin of 1.63%. The business had revenue of $435.00 million during the quarter, compared to the consensus estimate of $418.36 million.
Zillow Group Company Profile
Zillow Group, Inc engages in the provision of real estate and home-related information marketplaces on mobile and the web. It operates through the following segments: Internet, Media, and Technology (IMT), Mortgages, and Homes. The IMT segment includes premier agent, rentals marketplaces, and new construction marketplaces, and sale of other advertising and business technology solutions for real estate professionals.
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