2 weeks ago - seeitmarket.com

This week, inflation data provided some encouraging signs. Both the Consumer Price Index (CPI) and Producer Price Index (PPI) came in lower than expected.

3 weeks ago - fool.com

A lower-than-expected inflation print caused more speculation about rate cuts this week. Investors bid up housing and solar stocks on predictions that lower rates would help business eventually.

3 weeks ago - geekwire.com

This story originally appeared on Real Estate News.

3 weeks ago - investorplace.com

Artificial intelligence (AI) has existed for many years. However, it's rapidly becoming something that existed on the fringes to an integral part of our daily lives.

1 month ago - zacks.com

Zillow (ZG) reported earnings 30 days ago. What's next for the stock?

1 month ago - investorplace.com

There are some great companies listed on U.S. stock exchanges. However, their success stories are widely known, meaning their stock prices likely have these stories placed in.

1 month ago - prnewswire.com

Zillow has created the Fair Housing Classifier for large language models (LLMs) to help others in real estate, civil rights and technology sectors safeguard AI-powered real estate conversations SEATTLE , May 21, 2024 /PRNewswire/ -- Today, Zillow is releasing its open-source Fair Housing Classifier , which establishes guardrails to promote responsible and unbiased behavior in real estate conversations powered by large language model (LLM) technology. Many AI tools disregard fair housing requirements and, when deployed, can perpetuate bias and undermine the progress achieved in advocating for fair housing.

1 month ago - https://www.defenseworld.net

Envestnet Portfolio Solutions Inc. increased its position in Zillow Group, Inc. (NASDAQ:ZG – Free Report) by 18.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,129 shares of the technology company’s stock after acquiring an additional 2,470 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Zillow Group were worth $915,000 as of its most recent SEC filing. Several other hedge funds have also recently bought and sold shares of the company. Versor Investments LP raised its position in Zillow Group by 36.3% during the fourth quarter. Versor Investments LP now owns 13,897 shares of the technology company’s stock worth $788,000 after acquiring an additional 3,700 shares during the last quarter. New York Life Investment Management LLC increased its stake in shares of Zillow Group by 6.7% during the 4th quarter. New York Life Investment Management LLC now owns 6,365 shares of the technology company’s stock worth $361,000 after purchasing an additional 401 shares in the last quarter. Kestra Private Wealth Services LLC acquired a new position in shares of Zillow Group during the 4th quarter worth approximately $226,000. Hartline Investment Corp lifted its stake in Zillow Group by 9.7% in the 4th quarter. Hartline Investment Corp now owns 52,491 shares of the technology company’s stock valued at $2,977,000 after buying an additional 4,624 shares in the last quarter. Finally, GAMMA Investing LLC acquired a new stake in Zillow Group during the 4th quarter valued at $26,000. 20.32% of the stock is owned by hedge funds and other institutional investors. Insider Transactions at Zillow Group In related news, Director Amy Bohutinsky sold 93,750 shares of Zillow Group stock in a transaction on Monday, March 4th. The shares were sold at an average price of $56.69, for a total transaction of $5,314,687.50. Following the transaction, the director now owns 5,652 shares in the company, valued at approximately $320,411.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, General Counsel Bradley D. Owens sold 1,373 shares of Zillow Group stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $44.15, for a total transaction of $60,617.95. Following the sale, the general counsel now owns 40,194 shares in the company, valued at $1,774,565.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Amy Bohutinsky sold 93,750 shares of the business’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $56.69, for a total transaction of $5,314,687.50. Following the transaction, the director now directly owns 5,652 shares in the company, valued at $320,411.88. The disclosure for this sale can be found here. Insiders sold 166,560 shares of company stock valued at $8,829,931 over the last 90 days. Corporate insiders own 17.14% of the company’s stock. Zillow Group Trading Down 1.3 % ZG opened at $43.35 on Monday. Zillow Group, Inc. has a 1 year low of $33.23 and a 1 year high of $59.23. The firm has a 50 day moving average price of $45.19 and a 200 day moving average price of $48.02. The company has a debt-to-equity ratio of 0.21, a current ratio of 3.32 and a quick ratio of 3.32. Wall Street Analysts Forecast Growth A number of equities analysts have recently weighed in on the company. DA Davidson reissued a “buy” rating and issued a $63.00 price target on shares of Zillow Group in a report on Friday, April 5th. Benchmark restated a “buy” rating and issued a $60.00 target price on shares of Zillow Group in a report on Tuesday, April 30th. Susquehanna raised their price target on shares of Zillow Group from $36.00 to $60.00 and gave the stock a “neutral” rating in a research note on Thursday, February 15th. JMP Securities cut their price objective on shares of Zillow Group from $68.00 to $62.00 and set a “market outperform” rating for the company in a research report on Thursday, May 2nd. Finally, JPMorgan Chase & Co. decreased their target price on shares of Zillow Group from $65.00 to $61.00 and set an “overweight” rating on the stock in a research report on Thursday, May 2nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $57.40. Read Our Latest Report on Zillow Group Zillow Group Company Profile (Free Report) Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.

1 month ago - https://www.defenseworld.net

Zillow Group, Inc. (NASDAQ:ZG – Get Free Report) General Counsel Bradley D. Owens sold 1,373 shares of the company’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $44.15, for a total value of $60,617.95. Following the transaction, the general counsel now directly owns 40,194 shares in the company, valued at $1,774,565.10. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Zillow Group Stock Down 1.3 % Shares of NASDAQ:ZG opened at $43.35 on Monday. Zillow Group, Inc. has a 1 year low of $33.23 and a 1 year high of $59.23. The company has a market capitalization of $10.24 billion, a PE ratio of -62.83 and a beta of 1.87. The business has a fifty day moving average price of $45.19 and a two-hundred day moving average price of $48.02. The company has a debt-to-equity ratio of 0.21, a current ratio of 3.32 and a quick ratio of 3.32. Wall Street Analysts Forecast Growth A number of equities analysts have recently weighed in on ZG shares. Craig Hallum lowered their target price on Zillow Group from $65.00 to $51.00 and set a “buy” rating on the stock in a research report on Thursday, May 2nd. DA Davidson reaffirmed a “buy” rating and issued a $63.00 price objective on shares of Zillow Group in a research note on Friday, April 5th. JPMorgan Chase & Co. decreased their target price on shares of Zillow Group from $65.00 to $61.00 and set an “overweight” rating for the company in a research report on Thursday, May 2nd. Benchmark restated a “buy” rating and issued a $60.00 target price on shares of Zillow Group in a report on Tuesday, April 30th. Finally, Susquehanna lifted their price target on Zillow Group from $36.00 to $60.00 and gave the company a “neutral” rating in a research note on Thursday, February 15th. One research analyst has rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Zillow Group has an average rating of “Moderate Buy” and an average target price of $57.40. Get Our Latest Stock Report on Zillow Group Institutional Trading of Zillow Group Hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC bought a new position in shares of Zillow Group during the 4th quarter worth $26,000. Creative Financial Designs Inc. ADV bought a new position in Zillow Group during the fourth quarter worth about $31,000. Fidelis Capital Partners LLC purchased a new position in shares of Zillow Group in the first quarter worth about $32,000. Quadrant Capital Group LLC raised its position in shares of Zillow Group by 45.1% in the fourth quarter. Quadrant Capital Group LLC now owns 763 shares of the technology company’s stock valued at $43,000 after purchasing an additional 237 shares during the period. Finally, EntryPoint Capital LLC purchased a new stake in shares of Zillow Group during the 1st quarter valued at approximately $53,000. Institutional investors own 20.32% of the company’s stock. Zillow Group Company Profile (Get Free Report) Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.

1 month ago - seekingalpha.com

Zillow Group's 1Q24 earnings beat estimates, with revenue growing 13% to $529 million. The company has three major growth catalysts: agent solutions, expansion into new markets, and a strong Rentals segment. The potential slowdown in the Residential segment is a concern, but Zillow Group still has attractive upside potential.

1 month ago - businessinsider.com

US average rent rose to just under $2,000 per month in April, Zillow reports. Tenants now need to earn 36% more than they did in 2019 to afford a typical rent.

1 month ago - fool.com

This real estate technology company could be hit hard by a changing real estate market.

2 months ago - seekingalpha.com

Zillow Group's stock has declined almost -20% since my first coverage, confirming my sell rating at the time. Share performance has been volatile, reaching an all-time high in 2021 but declining since then as high interest rate environment continued to present headwinds. Strong rental performance may continue to accelerate growth. I upgrade Zillow Group to a buy rating with a 1-year price target of $45.

2 months ago - barrons.com

Rising mortgage rates are a headwind for the listings site, the company says.

2 months ago - zacks.com

Despite macroeconomic challenges, Zillow (ZG) reports revenue growth year over year in the first quarter of 2024, backed by healthy traction in all verticals.

2 months ago - seekingalpha.com

Zillow Group, Inc. (NASDAQ:Z ) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants Bradley Berning - VP, Strategic Affairs & IR Richard Barton - Co-Founder & CEO Jeremy Wacksman - COO Jeremy Hofmann - CFO Conference Call Participants Bradley Erickson - RBC John Campbell - Stephens Ronald Josey - Citigroup Mark Mahaney - Evercore ISI Ryan McKeveny - Zelman & Associates Chris Kuntarich - UBS Dae Lee - JP Morgan Operator Good afternoon. My name is Elliot.

2 months ago - zacks.com

The headline numbers for Zillow (ZG) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

2 months ago - zacks.com

Zillow Group (ZG) came out with quarterly earnings of $0.36 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.35 per share a year ago.

2 months ago - marketwatch.com

Online real-estate listing service Zillow Group Inc. on Wednesday forecast second-quarter sales that were below expectations, as a stalled housing market weighs on first-time homebuyer demand and pushes some real-estate agents to the sidelines.

2 months ago - barrons.com

Investors will watch for how—or whether—changes to commission rules will influence Zillow's future business.

2 months ago - zacks.com

Zillow (ZG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

2 months ago - zacks.com

Here we take a sneak peek at four Internet services stocks, namely, ZG, UPWK, DASH and ETSY, due to report their first-quarter earnings on May 1.