Jeremy Hofmann Sells 5,501 Shares of Zillow Group (NASDAQ:Z) Stock

Zillow Group, Inc. (NASDAQ:Z) CFO Jeremy Hofmann sold 5,501 shares of the company’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $37.40, for a total value of $205,737.40. Following the sale, the chief financial officer owned 68,315 shares of the company’s stock, valued at $2,554,981. This trade represents a 7.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Jeremy Hofmann also recently made the following trade(s):

• On Thursday, May 14th, Jeremy Hofmann sold 3,671 shares of Zillow Group stock. The stock was sold at an average price of $37.93, for a total value of $139,241.03.
• On Wednesday, February 18th, Jeremy Hofmann sold 7,786 shares of Zillow Group stock. The stock was sold at an average price of $43.73, for a total value of $340,481.78.

Zillow Group Trading Down 3.1%

Shares of Zillow Group stock opened at $36.00 on Wednesday. The stock has a fifty day simple moving average of $42.59 and a 200 day simple moving average of $56.60. Zillow Group, Inc. has a 12-month low of $35.76 and a 12-month high of $93.88. The company has a market capitalization of $8.24 billion, a P/E ratio of 144.00, a price-to-earnings-growth ratio of 1.59 and a beta of 2.07.

Zillow Group (NASDAQ:Z) last announced its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.10. Zillow Group had a return on equity of 1.41% and a net margin of 2.27%.The business had revenue of $708.00 million during the quarter, compared to the consensus estimate of $705.10 million. On average, analysts predict that Zillow Group, Inc. will post 0.9 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Weiss Ratings raised Zillow Group from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, May 7th. Zelman & Associates raised Zillow Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 12th. Needham & Company LLC reissued a “hold” rating on shares of Zillow Group in a research report on Wednesday, February 11th. Wall Street Zen raised Zillow Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, JPMorgan Chase & Co. cut their price objective on Zillow Group from $84.00 to $76.00 and set an “overweight” rating on the stock in a research report on Thursday, May 7th. Three investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $79.75.

More Zillow Group News

Here are the key news stories impacting Zillow Group this week:

• Negative Sentiment: Zillow is facing fresh scrutiny over its listing-data advantage, with reports that a legal clash in Chicago and a separate antitrust trial could challenge the company’s transparency model and its ability to keep securing timely property data. Article: Zillow Legal Clash Over Chicago Listings Tests Core Data Advantage
• Negative Sentiment: MRED warned of a potential disruption to listing data feeds sent to Zillow, which could hurt the freshness and completeness of inventory on its platform and weaken traffic, lead generation, and user engagement. Article: MRED Announces Potential Disruption to Listing Data Feeds to Zillow Group
• Negative Sentiment: Investor- and law-firm-led investigations into possible misleading disclosures are adding legal overhang, which can weigh on sentiment even before any formal claims are filed. Article: INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Zillow Group, Inc. – Z
• Negative Sentiment: Recent insider share sales by CFO Jeremy Hofmann and insider Dan Spaulding may be viewed cautiously by investors, even though the transactions were reportedly made under pre-arranged 10b5-1 plans and for tax withholding.
• Positive Sentiment: Zillow also highlighted Providence as the hottest rental market for summer 2026, which keeps the company’s housing data brand visible and underscores the relevance of its analytics platform. Article: Summer 2026’s hottest rental market? Zillow says Providence

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Jain Global LLC bought a new position in shares of Zillow Group during the 3rd quarter worth $6,220,000. Rakuten Investment Management Inc. purchased a new stake in Zillow Group during the 3rd quarter worth about $2,919,000. Coronation Fund Managers Ltd. purchased a new stake in Zillow Group during the 3rd quarter worth about $18,141,000. Y Intercept Hong Kong Ltd lifted its holdings in Zillow Group by 63.1% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 85,210 shares of the financial services provider’s stock worth $6,565,000 after purchasing an additional 32,975 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Zillow Group by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 23,073,862 shares of the financial services provider’s stock worth $1,777,841,000 after purchasing an additional 71,336 shares in the last quarter. Institutional investors own 71.01% of the company’s stock.

About Zillow Group

Zillow Group, Inc is an online real estate marketplace company that operates a portfolio of consumer-facing websites and mobile apps designed to connect buyers, sellers, renters, homeowners and real estate professionals. The company’s platforms aggregate property listings, rental listings, and related information to help users search for homes, estimate property values and connect with agents and service providers. Zillow generates revenue primarily through advertising and lead-generation services for real estate professionals, property managers and mortgage lenders.

Key products and services include the Zillow and Trulia consumer websites and apps, which provide searchable listings, photos, neighborhood data and the company’s automated home valuation tool known as the “Zestimate.” Zillow also offers a rentals marketplace, a mortgage marketplace and tools for home buying and selling such as Zillow Premier Agent for agent advertising and leads, as well as ancillary services designed to support transactions, including closing and title-related offerings.