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Wells Fargo analysts initates an Equal weight rating for Zillow Group Inc (ZG)

In a filing, Zillow Group Inc revealed its Chief Operating Officer Choo Jun unloaded Company’s shares for reported $0.21 million on May 14 ’25. In the deal valued at $68.65 per share,3,088 shares were sold. As a result of this transaction, Choo Jun now holds 117,098 shares worth roughly $7.77 million.

Then, Beitel David A. sold 3,642 shares, generating $250,034 in total proceeds. Upon selling the shares at $68.65, the Chief Technology Officer now owns 170,737 shares.

Before that, Rock Jennifer sold 2,842 shares. Zillow Group Inc shares valued at $195,123 were divested by the Chief Accounting Officer at a price of $68.66 per share. As a result of the transaction, Rock Jennifer now holds 55,478 shares, worth roughly $3.68 million.

Wells Fargo initiated its Zillow Group Inc [ZG] rating to an Equal weight in a research note published on April 28, 2025; the price target was $62. A number of analysts have revised their coverage, including William Blair’s analysts, who began to cover the stock in late April with a ‘”a Mkt perform”‘ rating. KeyBanc Capital Markets also remained covering ZG and has increased its forecast on February 03, 2025 with a “an Overweight” recommendation from previously “Sector weight” rating. Robert W. Baird started covering the stock on January 31, 2025. It rated ZG as “a Neutral”.

Price Performance Review of ZG

On Tuesday, Zillow Group Inc [NASDAQ:ZG] saw its stock fall -0.76% to $66.33. Over the last five days, the stock has lost -4.20%. Zillow Group Inc shares have fallen nearly -6.38% since the year began. Nevertheless, the stocks have risen 51.06% over the past one year. While a 52-week high of $86.58 was reached on 02/11/25, a 52-week low of $38.40 was recorded on 04/09/25. SMA at 50 days reached $66.31, while 200 days put it at $66.83.

Levels Of Support And Resistance For ZG Stock

The 24-hour chart illustrates a support level at 65.84, which if violated will result in even more drops to 65.35. On the upside, there is a resistance level at 67.01. A further resistance level may holdings at 67.70. The Relative Strength Index (RSI) on the 14-day chart is 49.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.41%. Stochastics %K at 52.44% indicates the stock is a holding.

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