Large Outflow of Money Witnessed in Zillow Group

Zillow Group (NASDAQ:Z) surged 0.56% during the last session. The last traded price was up 0.18 points at $32.4. The data for the fund flow suggests that the net intraday money flow was $(-1.31) million. The fund value in upticks was recorded to be $9.68 million and in downticks, it was found to be $10.99 million. The up/down ratio for the day was measured to be 0.88. For the week, the shares have seen a percentage change of 10.47%.A block trade of $(-1.26) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $1.52 million and that of downticks was $2.78 million. The block tradeoff had the up/down ratio of 0.55.


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%. On the companys insider trading activities, The director officer (Chief Executive Officer), of Zillow Group, Inc., Rascoff Spencer M had unloaded 400 shares at $95.19 per share in a transaction on May 20, 2015. The total value of transaction was $38,076. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Zillow Group (NASDAQ:Z) : On Monday heightened volatility was witnessed in Zillow Group (NASDAQ:Z) which led to swings in the share price. The stock opened for trading at $32.6 and hit $32.91 on the upside , eventually ending the session at $32.4, with a gain of 0.56% or 0.18 points. The heightened volatility saw the trading volume jump to 1,949,733 shares. The 52-week high of the share price is $93.95 and the company has a market cap of $5,804 million. The 52-week low of the share price is at $15.36 .

Many analysts have stated their opinion on the company shares. Major Brokerage house, Cowen & Company upgrades its ratings on Zillow Group (NASDAQ:Z). According to the latest information available, the shares are now rated Market Perform by the analysts at the agency. Previously, the analysts had a Underperform rating on the shares. The rating by the firm was issued on May 4, 2016.

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