Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Zillow Group Inc shares valued at $573,465 were sold by Hofmann Jeremy on Feb 18 ’25. At $79.97 per share, Hofmann Jeremy sold 7,171 shares. The insider’s holdings dropped to 87,484 shares worth approximately $6.71 million following the completion of this transaction.
Also, Hofmann Jeremy sold 4,707 shares, netting a total of over 365,801 in proceeds. Following the sale of shares at $77.71 each, the insider now holds 94,655 shares.
Before that, Spaulding Dan had sold 4,492 shares from its account. In a trade valued at $359,225, the Chief People Officer traded Zillow Group Inc shares for $79.97 each. Upon closing the transaction, the insider’s holdings decreased to 4,492 shares, worth approximately $3.88 million.
As published in a research note from KeyBanc Capital Markets on February 03, 2025, Zillow Group Inc [ZG] has been rated up from a Sector weight to an Overweight and the price target has been revised to $100. Analysts at Robert W. Baird started covering the stock with ‘”a Neutral”‘ outlook in a report released in late January. As of September 16, 2024, Wedbush has increased its “Neutral” rating to a “an Outperform” for ZG. Earlier on September 05, 2024, Cantor Fitzgerald initiated its rating. Their recommendation was “a Neutral” for ZG stock.
Analyzing ZG Stock Performance
During the last five days, there has been a drop of approximately -8.58%. Over the course of the year, Zillow Group Inc shares have jumped approximately 8.19%. Shares of the company reached a 52-week high of $86.58 on 02/11/25 and a 52-week low of $66.25 on 01/10/25. A 50-day SMA is recorded $76.05, while a 200-day SMA reached $59.50. Nevertheless, trading volume fell to 0.74 million shares from 0.79 million shares the previous day.
Support And Resistance Levels for Zillow Group Inc (ZG)
According to the 24-hour chart, there is a support level at 75.71, which, if violated, would cause prices to drop to 74.77. In the upper region, resistance lies at 78.32. The next price resistance is at 79.99. RSI (Relative Strength Index) is 46.81 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.27, which suggests the price will decrease in the coming days. Percent R is at 53.97%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
