Zillow Group Inc’s filing revealed that its Chief Financial Officer Hofmann Jeremy unloaded Company’s shares for reported $1.99 million on Jan 30 ’25. In the deal valued at $84.98 per share,23,388 shares were sold. As a result of this transaction, Hofmann Jeremy now holds 99,362 shares worth roughly $8.39 million.
Then, Hofmann Jeremy sold 1,612 shares, generating $136,988 in total proceeds. Upon selling the shares at $84.98, the Chief Financial Officer now owns 99,362 shares.
Before that, Hofmann Jeremy bought 23,388 shares. Zillow Group Inc shares valued at $1,987,512 were divested by the Officer at a price of $84.98 per share.
Gordon Haskett initiated its Zillow Group Inc [Z] rating to a Hold in a research note published recently. Standpoint Research also remained covering Z and has decreased its forecast on August 03, 2020 with a “Hold” recommendation from previously “Buy” rating. Needham revised its rating on June 08, 2020. It rated Z as “a Buy” which previously was an “a Hold”.
Price Performance Review of Z
On Tuesday, Zillow Group Inc [NASDAQ:Z] saw its stock jump 2.66% to $84.45. Over the last five days, the stock has gained 0.34%. Zillow Group Inc shares have risen nearly 14.04% since the year began. Nevertheless, the stocks have risen 44.71% over the past one year. While a 52-week high of $86.88 was reached on 01/30/25, a 52-week low of $38.45 was recorded on 01/10/25. SMA at 50 days reached $79.14, while 200 days put it at $59.49.
Levels Of Support And Resistance For Z Stock
The 24-hour chart illustrates a support level at 82.63, which if violated will result in even more drops to 80.82. On the upside, there is a resistance level at 85.55. A further resistance level may holdings at 86.66. The Relative Strength Index (RSI) on the 14-day chart is 66.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.42, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.31%. Stochastics %K at 85.93% indicates the stock is a selling.
How much short interest is there in Zillow Group Inc?
A steep rise in short interest was recorded in Zillow Group Inc stocks on 2025-01-15, dropping by -1.13 million shares to a total of 10.75 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 11.89 million shares. There was a decline of -10.53%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 28, 2020 when KeyBanc Capital Markets began covering the stock and recommended ‘”a Sector weight”‘ rating .
