Zillow Group Inc (NASDAQ: Z) is 8.54% higher on its value in year-to-date trading and has touched a low of $35.44 and a high of $68.73 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The Z stock was last observed hovering at around $60.61 in the last trading session, with the day’s gains setting it 2.19%.
Currently trading at $62.80, the stock is 2.65% and 3.19% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.62 million and changing 3.61% at the moment leaves the stock 21.11% off its SMA200. Z registered 66.62% gain for a year compared to 6-month gain of 45.64%. The firm has a 50-day simple moving average (SMA 50) of $60.754 and a 200-day simple moving average (SMA200) of $51.8171.
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The stock witnessed a 3.36% loss in the last 1 month and extending the period to 3 months gives it a 50.35%, and is 7.68% 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 3.52% over the week and 3.41% over the month.
Zillow Group Inc (Z) has around 6263 employees, a market worth around $14.40B and $2.07B in sales. Fwd P/E is 34.58. Profit margin for the company is -6.81%. Distance from 52-week low is 77.20% and -8.63% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.77%).
with sales reaching $554.67M over the same period.The EPS is expected to grow by 4.60% this year, but quarterly earnings will post 12.50% year-over-year. Quarterly sales are estimated to grow 15.50% in year-over-year returns.
Zillow Group Inc (Z) Top Institutional Holders
637.0 institutions hold shares in Zillow Group Inc (Z), with institutional investors hold 109.65% of the company’s shares. The shares outstanding are 171.85M, and float is at 150.61M with Short Float at 9.71%. Institutions hold 103.46% of the Float.
The top institutional shareholder in the company is CALEDONIA (PRIVATE) INVESTMENTS PTY LTD with over 36.25 million shares valued at $1.68 billion. The investor’s holdings represent 15.4449% of the Z Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 21.65 million shares valued at $1.0 billion to account for 9.2232 of the shares outstanding. The other top investors are INDEPENDENT FRANCHISE PARTNERS LLP which holds 12.02 million shares representing 5.1225% and valued at over $557.71 million, while BLACKROCK INC. holds 3.7052 of the shares totaling 8.7 million with a market value of $403.4 million.
Zillow Group Inc (Z) Insider Activity
The most recent transaction is an insider sale by Bohutinsky Amy, the company’s Director. SEC filings show that Bohutinsky Amy sold 20,625 shares of the company’s common stock on Sep 18 ’24 at a price of $67.23 per share for a total of $1.39 million. Following the sale, the insider now owns 5652.0 shares.
Still, SEC filings show that on Sep 16 ’24, Cormier Thielke Claire (Director) disposed off 2,826 shares at an average price of $61.11 for $0.17 million. The insider now directly holds 2,826 shares of Zillow Group Inc (Z).
