In yesterday’s Wall Street session, Zillow Group Inc (NASDAQ:Z) shares traded at $39.88, down -3.95% from the previous session.
Z stock price is now -12.04% away from the 50-day moving average and -17.59% away from the 200-day moving average. The market capitalization of the company currently stands at $9.42B.
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, while ‘Standpoint Research’ rates the stock as ‘Hold’
In other news, Wacksman Jeremy, Chief Operating Officer sold 9,849 shares of the company’s stock on May 17 ’24. The stock was sold for $438,814 at an average price of $44.55. Upon completion of the transaction, the Chief Operating Officer now directly owns 116,926 shares in the company, valued at $4.66 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 17 ’24, Chief People Officer Spaulding Dan sold 6,472 shares of the business’s stock. A total of $287,616 was realized by selling the stock at an average price of $44.44. This leaves the insider owning 73,333 shares of the company worth $2.92 million. A total of 33.54% 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. The fifty day moving average price for Z is $45.0192 and a two-hundred day moving average price translates $48.3071 for the stock.
The latest earnings results from Zillow Group Inc (NASDAQ: Z) was released for 2024-03-31. 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.
