Stocks of Zillow Group Inc [Z] are gaining investors’ attention: here’s why

In yesterday’s Wall Street session, Zillow Group Inc (NASDAQ:Z) shares traded at $82.15, up 5.48% from the previous session.

Z stock price is now 25.75% away from the 50-day moving average and 55.34% away from the 200-day moving average. The market capitalization of the company currently stands at $19.02B.

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, while ‘Standpoint Research’ rates the stock as ‘Hold’

In other news, Choo Jun, Chief Operating Officer sold 10,000 shares of the company’s stock on Nov 19 ’24. The stock was sold for $751,000 at an average price of $75.10. Upon completion of the transaction, the Chief Operating Officer now directly owns 88,130 shares in the company, valued at $7.24 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 19 ’24, Chief Industry Dev. Officer Samuelson Errol G sold 17,000 shares of the business’s stock. A total of $1,250,706 was realized by selling the stock at an average price of $73.57. This leaves the insider owning 22,739 shares of the company worth $1.87 million. A total of 34.66% of the company’s stock is owned by insiders.

During the past 12 months, Zillow Group Inc has had a low of $37.63 and a high of $78.33. As of last week, the company has a debt-to-equity ratio of 0.25, a current ratio of 3.13, and a quick ratio of 3.13. The fifty day moving average price for Z is $64.8186 and a two-hundred day moving average price translates $52.75905 for the stock.

The latest earnings results from Zillow Group Inc (NASDAQ: Z) was released for 2024-09-30. The net profit margin was -6.17% and return on equity was -2.90% for Z. The company reported revenue of $581.0 million for the quarter, compared to $496.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 17.14 percent.

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