In yesterday’s Wall Street session, Zillow Group Inc (NASDAQ:Z) shares traded at $45.13, up 0.96% from the previous session.
Z stock price is now -3.74% away from the 50-day moving average and -7.41% away from the 200-day moving average. The market capitalization of the company currently stands at $10.66B.
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, while ‘Standpoint Research’ rates the stock as ‘Hold’
In other news, Samuelson Errol G, Chief Industry Dev. Officer sold 4,219 shares of the company’s stock on Mar 26 ’24. The stock was sold for $209,278 at an average price of $49.60. Upon completion of the transaction, the Chief Industry Dev. Officer now directly owns 168,863 shares in the company, valued at $7.62 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 15 ’24, Chief Financial Officer Hofmann Jeremy sold 7,813 shares of the business’s stock. A total of $427,873 was realized by selling the stock at an average price of $54.76. This leaves the insider owning 137,347 shares of the company worth $6.2 million. A total of 33.69% of the company’s stock is owned by insiders.
During the past 12 months, Zillow Group Inc has had a low of $33.80 and a high of $61.13. As of last week, the company has a debt-to-equity ratio of 0.40, a current ratio of 3.32, and a quick ratio of 3.32.
According to the Internet Content & Information Company, earnings per share came in at 0.39, beating analysts’ expectations of 0.18 by 0.21. This compares to -$0.09 EPS in the same period last year. The net profit margin was -7.93% and return on equity was -3.46% for Z. The company reported revenue of $529.0 million for the quarter, compared to $469.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 12.79 percent. For the current quarter, analysts expect Z to generate $535.73M in revenue.
