Company Shares of Zillow Group Rally 5.68%

Zillow Group (NASDAQ:Z) has climbed 5.68% in the past week and advanced 22.53% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 6.95% and the outperformance has advanced to 21.41% for the last 4 weeks period.

Zillow Group (NASDAQ:Z): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $32.93 and $32.91 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $34.36. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.05, notching a gain of 2.96% for the day. The total traded volume was 3,981,536 . The stock had closed at $33.07 on the previous day.

On the companys insider trading activities, Rascoff Spencer M, director officer (Chief Executive Officer) of Zillow Group, Inc., unloaded 400 shares at an average price of $95.19 on May 20, 2015. The total amount of the transaction was worth $38,076, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Many analysts have stated their opinion on the company shares. Cowen & Company upgrades their rating on the shares of Zillow Group (NASDAQ:Z). The current rating of the shares is Market Perform. Earlier, the shares were rated a Underperform by the brokerage firm. The rating by the firm was issued on May 4, 2016. Currently the company Insiders own 26.97% of Zillow Group shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.64% . Institutional Investors own 94.82% of Zillow Group shares. During last six month period, the net percent change held by insiders has seen a change of -7.25%.

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