Zillow Group Inc (NASDAQ: Z) is -5.62% lower on its value in year-to-date trading and has touched a low of $33.80 and a high of $61.13 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The Z stock was last observed hovering at around $55.60 in the last trading session, with the day’s loss setting it -0.99%.
Currently trading at $54.61, the stock is 11.17% and 12.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.54 million and changing -1.78% at the moment leaves the stock 12.88% off its SMA200. Z registered 7.35% gain for a year compared to 6-month loss of 2.04%.
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The stock witnessed a 5.94% gain in the last 1 month and extending the period to 3 months gives it a 26.50%, and is 2.25% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.66% over the week and 4.45% over the month.
Zillow Group Inc (Z) has around 6263 employees, a market worth around $12.64B and $2.07B in sales. Fwd P/E is 29.98. Profit margin for the company is -6.81%. Distance from 52-week low is 61.57% and -10.67% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.77%).
The EPS is expected to grow by 2.51% this year.
Zillow Group Inc (Z) Top Institutional Holders
617.0 institutions hold shares in Zillow Group Inc (Z), with institutional investors hold 106.75% of the company’s shares. The shares outstanding are 171.85M, and float is at 151.23M with Short Float at 11.67%. Institutions hold 100.72% of the Float.
The top institutional shareholder in the company is CALEDONIA (PRIVATE) INVESTMENTS PTY LTD with over 36.39 million shares valued at $1.78 billion. The investor’s holdings represent 15.507 of the Z Shares outstanding. As of 2024-03-31, the second largest holder is VANGUARD GROUP INC with 21.31 million shares valued at $1.04 billion to account for 9.0814 of the shares outstanding. The other top investors are INDEPENDENT FRANCHISE PARTNERS LLP which holds 12.71 million shares representing 5.4172 and valued at over $620.18 million, while BLACKROCK INC. holds 4.0911 of the shares totaling 9.6 million with a market value of $468.37 million.
Zillow Group Inc (Z) Insider Activity
Zillow Group Inc disclosed in a document filed with the SEC on Aug 14 ’24 that Rock Jennifer (Chief Accounting Officer) sold a total of 3,208 shares of the company’s common stock. The trade occurred on Aug 14 ’24 and was made at $52.84 per share for $0.17 million. Following the transaction, the insider now directly holds 76486.0 shares of the Z stock.
Still, SEC filings show that on Aug 16 ’24, Wacksman Jeremy (Chief Executive Officer) disposed off 6,776 shares at an average price of $53.07 for $0.36 million. The insider now directly holds 167,663 shares of Zillow Group Inc (Z).
