On September 16, 2024, Thielke Cormier, Director at Zillow Group Inc (Z, Financial), executed a sale of 2,826 shares of the company. The transaction was documented in a recent SEC Filing. Following this transaction, the insider now directly owns 2,826 shares in the company.
Zillow Group Inc (Z, Financial) is primarily involved in providing real estate and rental marketplace services through its brand portfolio that includes Zillow, Trulia, StreetEasy, HotPads, Naked Apartments, and RealEstate.com. The company offers a wide array of services such as sale listings, rental listings, mortgage information, and value forecasting which cater to various stakeholders in the real estate market.
On the day of the transaction, shares of Zillow Group Inc were priced at $61.11. The company's market cap stood at approximately $14.54 billion, positioning Zillow Group Inc as a significant player in the online real estate sector.
The sale by Thielke Cormier is part of a broader trend within Zillow Group Inc, where there have been 56 insider sells and only 1 insider buy over the past year. This pattern of transactions provides an overview of insider activity within the company.
Regarding valuation metrics, Zillow Group Inc's stock is currently trading at a price-to-GF Value ratio of 1.28, indicating that the stock is Significantly Overvalued according to GuruFocus's GF Value. The GF Value is a proprietary measure that considers historical trading multiples, an adjustment factor based on the company's past performance, and future business expectations.
For more detailed information on Zillow Group Inc's valuation and insider transactions, interested parties are encouraged to review the historical data on price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
