Zillow Group (Z) Getting Somewhat Favorable Media Coverage, Analysis Finds

News articles about Zillow Group (NASDAQ:Z) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Zillow Group earned a news sentiment score of 0.20 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 85 out of 100, indicating that recent media coverage is very likely to have an effect on the stock’s share price in the next few days.

These are some of the media stories that may have effected Accern Sentiment’s analysis:

Zillow Group (NASDAQ:Z) traded up 1.16% during trading on Friday, hitting $40.97. The company had a trading volume of 1,688,789 shares. The stock’s market capitalization is $7.60 billion. The company’s 50 day moving average price is $46.41 and its 200-day moving average price is $40.35. Zillow Group has a 1-year low of $31.22 and a 1-year high of $51.23.

Zillow Group (NASDAQ:Z) last released its quarterly earnings data on Tuesday, August 8th. The financial services provider reported ($0.12) earnings per share for the quarter. The business had revenue of $266.85 million during the quarter. Zillow Group had a negative return on equity of 0.40% and a negative net margin of 4.47%. On average, analysts expect that Zillow Group will post $0.50 EPS for the current year.

A number of research analysts recently commented on the company. Deutsche Bank AG raised their price target on Zillow Group to $50.00 and gave the stock a “neutral” rating in a research report on Monday. Needham & Company LLC reiterated a “buy” rating and issued a $48.00 target price (up previously from $41.00) on shares of Zillow Group in a research report on Friday, May 5th. Cowen and Company reiterated a “hold” rating on shares of Zillow Group in a research report on Friday, July 14th. BidaskClub cut Zillow Group from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $54.50 target price (up previously from $46.00) on shares of Zillow Group in a research report on Friday, June 30th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Zillow Group currently has an average rating of “Hold” and an average target price of $46.06.

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In other Zillow Group news, insider Greg M. Schwartz sold 3,750 shares of Zillow Group stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $45.56, for a total value of $170,850.00. Following the completion of the sale, the insider now owns 3,750 shares of the company’s stock, valued at approximately $170,850. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Amy Bohutinsky sold 147,000 shares of Zillow Group stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $45.23, for a total value of $6,648,810.00. Following the completion of the sale, the chief operating officer now directly owns 43,000 shares of the company’s stock, valued at approximately $1,944,890. The disclosure for this sale can be found here. In the last three months, insiders sold 379,800 shares of company stock valued at $16,970,457. Corporate insiders own 26.97% of the company’s stock.

Insider Buying and Selling by Quarter for Zillow Group (NASDAQ:Z)

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