Zillow Group, Inc. $ZG Shares Purchased by Independent Franchise Partners LLP

Independent Franchise Partners LLP increased its stake in shares of Zillow Group, Inc. (NASDAQ:ZG) by 1.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,024,556 shares of the technology company’s stock after acquiring an additional 21,862 shares during the quarter. Zillow Group comprises approximately 0.9% of Independent Franchise Partners LLP’s portfolio, making the stock its 23rd largest holding. Independent Franchise Partners LLP’s holdings in Zillow Group were worth $138,135,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Arax Advisory Partners raised its stake in Zillow Group by 402.3% during the 4th quarter. Arax Advisory Partners now owns 442 shares of the technology company’s stock worth $30,000 after acquiring an additional 354 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in Zillow Group by 78.9% during the 3rd quarter. Smartleaf Asset Management LLC now owns 424 shares of the technology company’s stock worth $33,000 after acquiring an additional 187 shares in the last quarter. First Command Advisory Services Inc. acquired a new stake in Zillow Group during the 4th quarter worth $34,000. Kestra Advisory Services LLC acquired a new stake in Zillow Group during the 4th quarter worth $47,000. Finally, Quarry LP acquired a new position in Zillow Group in the fourth quarter valued at $56,000. 20.32% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Zillow Group news, General Counsel Bradley D. Owens sold 3,364 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $37.23, for a total value of $125,241.72. Following the sale, the general counsel owned 65,245 shares of the company’s stock, valued at $2,429,071.35. This represents a 4.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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, Director Erik C. Blachford sold 791 shares of the company’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $34.80, for a total transaction of $27,526.80. Following the completion of the sale, the director directly owned 34,952 shares in the company, valued at $1,216,329.60. This trade represents a 2.21% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 42,910 shares of company stock valued at $1,605,732. 29.88% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have commented on ZG. KeyCorp dropped their price objective on shares of Zillow Group from $75.00 to $65.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Sanford C. Bernstein upgraded shares of Zillow Group from an “outperform” rating to a “buy” rating in a research note on Tuesday, May 26th. Canaccord Genuity Group dropped their price objective on shares of Zillow Group from $72.00 to $52.00 and set a “hold” rating on the stock in a research note on Thursday, May 7th. Barclays dropped their price objective on shares of Zillow Group from $58.00 to $54.00 and set an “equal weight” rating on the stock in a research note on Friday, May 8th. Finally, Royal Bank Of Canada dropped their price objective on shares of Zillow Group to $70.00 and set an “outperform” rating on the stock in a research note on Wednesday, June 10th. Thirteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $69.43.

Zillow Group Stock Performance

NASDAQ ZG opened at $32.25 on Thursday. The firm has a market cap of $7.38 billion, a PE ratio of 129.00, a P/E/G ratio of 1.43 and a beta of 1.94. Zillow Group, Inc. has a one year low of $31.83 and a one year high of $90.22. The firm’s fifty day moving average is $39.44 and its two-hundred day moving average is $50.84.

Zillow Group (NASDAQ:ZG) last issued its earnings results on Wednesday, May 6th. The technology company reported $0.53 earnings per share for the quarter, beating the consensus estimate 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 net margin of 2.27% and a return on equity of 1.41%. The business’s quarterly revenue was up 18.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.41 earnings per share. Research analysts predict that Zillow Group, Inc. will post 0.9 earnings per share for the current year.

Zillow Group News Roundup

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

• Negative Sentiment: Multiple law firms announced or reminded investors about a securities class action against Zillow Group (ZG), alleging the company failed to properly disclose antitrust and regulatory risks related to its Redfin partnership. Zillow (ZG) Faces Class Action Over Redfin Partnership And Antitrust Risk
• Negative Sentiment: A separate filing says investors who bought Zillow shares between February 11, 2025 and May 7, 2026 may join a federal securities class action, adding to litigation overhang and headline risk. ZG and Z CLASS ACTION NOTICE: Faruqi & Faruqi, LLP Reminds Zillow Group Investors of Securities Class Action Lawsuit Deadline
• Negative Sentiment: News reports describe Zillow as facing securities-fraud claims after the FTC-related antitrust issue triggered a major stock drop, reinforcing investor concern that more adverse legal or regulatory developments could follow. Z, ZG Breaking News: Zillow Sued for Securities Fraud after FTC Lawsuit Leads to 17% Stock Drop
• Neutral Sentiment: One analyst-style article argues Zillow could still be undervalued based on its real-estate platform fundamentals, but this appears secondary today to the legal overhang. Zillow Group (ZG) Stock Could Be 49.9% Undervalued as Its Real Estate Flywheel Is Tested
• Neutral Sentiment: Separately, Zillow’s paint-color trend report highlighted home-value insights, which is positive for brand visibility but unlikely to move the stock near term. The retro bedroom color that adds $2,277 to your home’s value, according to Zillow

Zillow Group Profile

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.