Aubrey Capital Management Ltd Has $580,000 Holdings in Zillow Group, Inc. (NASDAQ:ZG)

Aubrey Capital Management Ltd lessened its holdings in shares of Zillow Group, Inc. (NASDAQ:ZG) by 83.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,023 shares of the technology company’s stock after selling 51,100 shares during the quarter. Aubrey Capital Management Ltd’s holdings in Zillow Group were worth $580,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in ZG. GAMMA Investing LLC bought a new position in Zillow Group during the 4th quarter worth about $26,000. Creative Financial Designs Inc. ADV bought a new position in Zillow Group during the fourth quarter worth about $31,000. CWM LLC grew its holdings in Zillow Group by 100.0% during the third quarter. CWM LLC now owns 1,222 shares of the technology company’s stock worth $55,000 after purchasing an additional 611 shares during the period. AtonRa Partners bought a new position in Zillow Group during the third quarter worth about $206,000. Finally, Pathstone Family Office LLC bought a new position in Zillow Group during the third quarter worth about $217,000. Institutional investors and hedge funds own 20.32% of the company’s stock.

Insider Activity at Zillow Group

In other news, General Counsel Bradley D. Owens sold 966 shares of the company’s stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $58.01, for a total transaction of $56,037.66. Following the transaction, the general counsel now owns 17,181 shares in the company, valued at $996,669.81. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Dan Spaulding sold 3,086 shares of the company’s stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $58.00, for a total value of $178,988.00. Following the sale, the insider now owns 48,294 shares in the company, valued at approximately $2,801,052. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, General Counsel Bradley D. Owens sold 966 shares of the company’s stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $58.01, for a total transaction of $56,037.66. Following the completion of the sale, the general counsel now owns 17,181 shares in the company, valued at approximately $996,669.81. The disclosure for this sale can be found here. Insiders have sold a total of 171,289 shares of company stock worth $9,642,508 over the last quarter. Company insiders own 17.14% of the company’s stock.

Zillow Group Price Performance

Shares of Zillow Group stock traded up $0.72 during trading on Friday, hitting $43.13. The company’s stock had a trading volume of 380,457 shares, compared to its average volume of 540,687. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.24 and a current ratio of 3.24. Zillow Group, Inc. has a 52 week low of $33.23 and a 52 week high of $59.23. The stock has a 50-day moving average price of $48.69 and a two-hundred day moving average price of $47.59.

Zillow Group (NASDAQ:ZG) last released its earnings results on Tuesday, February 13th. The technology company reported ($0.27) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.33) by $0.06. The business had revenue of $474.00 million for the quarter, compared to analyst estimates of $450.75 million. Zillow Group had a negative net margin of 8.12% and a negative return on equity of 2.32%. Equities analysts anticipate that Zillow Group, Inc. will post -0.15 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on ZG. DA Davidson reiterated a “buy” rating and set a $63.00 price target on shares of Zillow Group in a report on Friday, April 5th. Barclays lifted their price target on shares of Zillow Group from $32.00 to $40.00 and gave the company an “underweight” rating in a research report on Wednesday, February 21st. Susquehanna lifted their price target on shares of Zillow Group from $36.00 to $60.00 and gave the company a “neutral” rating in a research report on Thursday, February 15th. Benchmark lifted their price objective on shares of Zillow Group from $57.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. Finally, Stephens reissued an “overweight” rating and issued a $79.00 price objective on shares of Zillow Group in a research note on Wednesday, February 14th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $58.79.

About Zillow Group

Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.