In a filing, Zillow Group Inc revealed its Chief Financial Officer Hofmann Jeremy unloaded Company’s shares for reported $0.57 million on Feb 18 ’25. In the deal valued at $79.97 per share,7,171 shares were sold. As a result of this transaction, Hofmann Jeremy now holds 87,484 shares worth roughly $6.54 million.
Then, Hofmann Jeremy sold 4,707 shares, generating $365,801 in total proceeds. Upon selling the shares at $77.71, the Chief Financial Officer now owns 94,655 shares.
Before that, Spaulding Dan sold 4,492 shares. Zillow Group Inc shares valued at $359,225 were divested by the Chief People Officer at a price of $79.97 per share. As a result of the transaction, Spaulding Dan now holds 50,662 shares, worth roughly $3.79 million.
KeyBanc Capital Markets upgraded its Zillow Group Inc [ZG] rating to an Overweight from a a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who began to cover the stock in late January with a ‘”a Neutral”‘ rating. Wedbush also remained covering ZG and has increased its forecast on September 16, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Cantor Fitzgerald started covering the stock on September 05, 2024. It rated ZG as “a Neutral”.
Price Performance Review of ZG
On Tuesday, Zillow Group Inc [NASDAQ:ZG] saw its stock jump 2.85% to $74.72. Over the last five days, the stock has lost -3.34%. Zillow Group Inc shares have risen nearly 5.46% since the year began. Nevertheless, the stocks have risen 45.80% over the past one year. While a 52-week high of $86.58 was reached on 02/11/25, a 52-week low of $38.06 was recorded on 01/10/25. SMA at 50 days reached $75.64, while 200 days put it at $60.16.
Levels Of Support And Resistance For ZG Stock
The 24-hour chart illustrates a support level at 72.75, which if violated will result in even more drops to 70.78. On the upside, there is a resistance level at 75.82. A further resistance level may holdings at 76.93. The Relative Strength Index (RSI) on the 14-day chart is 44.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.46%. Stochastics %K at 26.94% indicates the stock is a holding.
