Zillow Group Inc’s filing revealed that its Director Bohutinsky Amy unloaded Company’s shares for reported $1.39 million on Sep 18 ’24. In the deal valued at $67.23 per share,20,625 shares were sold. As a result of this transaction, Bohutinsky Amy now holds 5,652 shares worth roughly $0.34 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Bohutinsky Amy bought 20,625 shares, generating $1,386,629 in total proceeds.
Before that, Cormier Thielke Claire sold 2,826 shares. Zillow Group Inc shares valued at $172,697 were divested by the Director at a price of $61.11 per share. As a result of the transaction, Cormier Thielke Claire now holds 2,826 shares, worth roughly $0.17 million.
Wedbush upgraded its Zillow Group Inc [ZG] rating to an Outperform from a a Neutral in a research note published on September 16, 2024; the price target was increased to $80 from $50. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in early September with a ‘”a Neutral”‘ rating. BofA Securities also remained covering ZG and has decreased its forecast on January 10, 2024 with a “Neutral” recommendation from previously “Buy” rating. JMP Securities revised its rating on December 12, 2023. It rated ZG as “a Mkt outperform” which previously was an “a Mkt perform”.
Price Performance Review of ZG
On Friday, Zillow Group Inc [NASDAQ:ZG] saw its stock fall -1.20% to $61.00. Over the last five days, the stock has lost -3.91%. Zillow Group Inc shares have risen nearly 7.55% since the year began. Nevertheless, the stocks have risen 43.29% over the past one year. While a 52-week high of $66.75 was reached on 09/19/24, a 52-week low of $33.23 was recorded on 05/02/24. SMA at 50 days reached $54.41, while 200 days put it at $49.91.
Levels Of Support And Resistance For ZG Stock
The 24-hour chart illustrates a support level at 59.86, which if violated will result in even more drops to 58.72. On the upside, there is a resistance level at 62.63. A further resistance level may holdings at 64.26. The Relative Strength Index (RSI) on the 14-day chart is 55.91, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.31%. Stochastics %K at 37.26% indicates the stock is a holding.
How much short interest is there in Zillow Group Inc?
A steep rise in short interest was recorded in Zillow Group Inc stocks on 2024-09-13, growing by 0.29 million shares to a total of 1.33 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 1.04 million shares. There was a rise of 21.53%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 21, 2023 when Deutsche Bank began covering the stock and recommended ‘”a Buy”‘ rating along with a $50 price target.
