Zillow Group, Inc. (Z) CEO Spencer M. Rascoff Sells 58,050 Shares
Zillow Group, Inc. (NASDAQ:Z) CEO Spencer M. Rascoff sold 58,050 shares of Zillow Group stock in a transaction on Thursday, January 4th. The shares were sold at an average price of $42.03, for a total value of $2,439,841.50. Following the transaction, the chief executive officer now directly owns 70,050 shares of the company’s stock, valued at $2,944,201.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of Zillow Group, Inc. (Z) opened at $42.61 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 6.44 and a quick ratio of 6.44. Zillow Group, Inc. has a 12-month low of $32.56 and a 12-month high of $51.23.
A number of hedge funds have recently made changes to their positions in Z. D.A. Davidson & CO. boosted its holdings in Zillow Group by 2.1% during the second quarter. D.A. Davidson & CO. now owns 2,817 shares of the financial services provider’s stock worth $138,000 after buying an additional 57 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Zillow Group by 878.9% during the second quarter. JPMorgan Chase & Co. now owns 3,152 shares of the financial services provider’s stock worth $154,000 after buying an additional 2,830 shares during the last quarter. Massey Quick Simon & CO. LLC bought a new position in Zillow Group during the third quarter worth about $130,000. ETF Managers Group LLC bought a new position in Zillow Group during the second quarter worth about $167,000. Finally, Virtu KCG Holdings LLC bought a new position in Zillow Group during the second quarter worth about $206,000. Hedge funds and other institutional investors own 58.00% of the company’s stock.
TRADEMARK VIOLATION NOTICE: This news story was published by Marea Informative and is the property of of Marea Informative. If you are reading this news story on another domain, it was copied illegally and republished in violation of US & international copyright and trademark legislation. The legal version of this news story can be accessed at https://www.mareainformativa.com/2018/01/06/zillow-group-inc-z-ceo-spencer-m-rascoff-sells-58050-shares.html.
Zillow Group Company Profile
Zillow Group, Inc operates real estate and home-related information marketplaces on mobile and the Web in the United States. The company offers a portfolio of brands and products to enable people find information about homes and connect with local professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.
Receive News & Ratings for Zillow Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zillow Group and related companies with MarketBeat.com's FREE daily email newsletter.