Zillow Group (NASDAQ:ZG) Sets New 12-Month Low – Here’s Why

Shares of Zillow Group, Inc. (NASDAQ:ZG) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $30.24 and last traded at $30.56, with a volume of 2036867 shares traded. The stock had previously closed at $30.46.

Zillow Group News Roundup

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

• Negative Sentiment: Multiple law firms, including Rosen Law Firm, Kahn Swick & Foti, Faruqi & Faruqi, and others, issued fresh reminders about an August 10, 2026 deadline for investors to seek lead-plaintiff status in securities class action lawsuits against Zillow. Article: Z, ZG Investors Have Opportunity to Lead Zillow Group, Inc. Securities Fraud Lawsuit Filed by The Rosen Law Firm
• Negative Sentiment: The lawsuits center on alleged anticompetitive behavior and related regulatory risks, which can increase legal costs, create uncertainty, and pressure investor confidence in Zillow’s outlook. Article: Zillow Group Securities Fraud Class Action Arising from Alleged Anticompetitive Agreement and Related Regulatory Risks
• Neutral Sentiment: A Zacks item said Zillow Group is a “strong growth stock,” but it appears to be a general research-style note rather than a new company-specific catalyst. Article: Here's Why Zillow Group (ZG) is a Strong Growth Stock
• Negative Sentiment: Short-interest reporting and recent market commentary point to weak trading sentiment, including coverage noting Zillow reached a new 52-week low. Article: Zillow Group (NASDAQ:ZG) Reaches New 52-Week Low – Time to Sell?

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on ZG. Robert W. Baird dropped their price target on Zillow Group from $67.00 to $55.00 and set a “neutral” rating for the company in a research note on Wednesday, March 18th. KeyCorp reduced their price objective on Zillow Group from $75.00 to $65.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Barclays decreased their price objective on Zillow Group from $58.00 to $54.00 and set an “equal weight” rating on the stock in a report on Friday, May 8th. Zacks Research downgraded Zillow Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 15th. Finally, UBS Group reduced their price target on shares of Zillow Group from $80.00 to $75.00 and set a “buy” rating on the stock in a research report on Tuesday, April 28th. Thirteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Zillow Group presently has an average rating of “Hold” and a consensus target price of $69.43.

Zillow Group Price Performance

The company has a 50-day moving average of $38.26 and a 200 day moving average of $49.10. The company has a market cap of $6.67 billion, a PE ratio of 116.56, a price-to-earnings-growth ratio of 1.30 and a beta of 1.94.

Zillow Group (NASDAQ:ZG) last issued its quarterly earnings data on Wednesday, May 6th. The technology company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.10. The business had revenue of $708.00 million for the quarter, compared to the consensus estimate of $705.17 million. Zillow Group had a return on equity of 1.41% and a net margin of 2.27%.The company’s quarterly revenue was up 18.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.41 earnings per share. Equities research analysts expect that Zillow Group, Inc. will post 0.9 EPS for the current year.

Insider Buying and Selling

In other Zillow Group news, General Counsel Bradley D. Owens sold 3,364 shares of Zillow Group stock in a transaction on Friday, May 15th. The shares were sold at an average price of $37.23, for a total transaction of $125,241.72. Following the completion of the transaction, the general counsel directly owned 65,245 shares of the company’s stock, valued at $2,429,071.35. The trade was a 4.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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. Also, insider Dan Spaulding sold 3,078 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $37.40, for a total transaction of $115,117.20. Following the transaction, the insider owned 49,696 shares in the company, valued at $1,858,630.40. This trade represents a 5.83% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. Insiders sold 42,910 shares of company stock valued at $1,605,732 over the last 90 days. 29.88% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Zillow Group

Institutional investors and hedge funds have recently modified their holdings of the business. Norges Bank bought a new position in Zillow Group in the 4th quarter valued at $152,050,000. Independent Franchise Partners LLP lifted its position in shares of Zillow Group by 1.1% during the fourth quarter. Independent Franchise Partners LLP now owns 2,024,556 shares of the technology company’s stock worth $138,135,000 after purchasing an additional 21,862 shares during the last quarter. M&T Bank Corp boosted its stake in shares of Zillow Group by 38,344.0% during the fourth quarter. M&T Bank Corp now owns 1,604,270 shares of the technology company’s stock valued at $120,092,000 after purchasing an additional 1,600,097 shares during the period. Tiger Global Management LLC boosted its stake in shares of Zillow Group by 30.7% during the fourth quarter. Tiger Global Management LLC now owns 1,023,733 shares of the technology company’s stock valued at $69,849,000 after purchasing an additional 240,690 shares during the period. Finally, UBS Group AG grew its holdings in shares of Zillow Group by 44.5% in the fourth quarter. UBS Group AG now owns 1,018,448 shares of the technology company’s stock worth $69,489,000 after purchasing an additional 313,643 shares during the last quarter. 20.32% of the stock is owned by institutional investors.

About Zillow Group

Zillow Group (NASDAQ:ZG) is a U.S.-based online real estate marketplace that connects consumers, real estate professionals and mortgage lenders through a suite of digital products and advertising services. Founded in 2006 by Rich Barton and Lloyd Frink and headquartered in Seattle, Washington, the company operates a portfolio of consumer-facing brands and tools designed to simplify home search, rental discovery, valuation and mortgage shopping.

Zillow’s core products include its consumer websites and mobile apps that list homes for sale and rent, the Zestimate automated home value estimate, and marketplaces that connect buyers and renters with agents and lenders.