Zillow (Z)

• Market cap: $18.5B
• 1 day: 1.75%
• 5 days: 10.52%
• 1 month: -3.60%
• 3 months: 24.32%
• 6 months: 47.69%
• Year to date: 6.45%
• 1 year: 49.96%
• 5 years: 62.34%
• 10 years: 198.77%
• Sector: Industrials
• Industry: Business Services

About: Zillow Group Inc is an Internet-based real estate company that offers its customers an on-demand experience for selling, buying, renting, or financing with transparency and ease The group works with real estate agents, brokers, builders, property managers, and landlords to pair technology with top-notch service. The group has brands such as Zillow, Trulia, StreetEasy, Hotpads, Zillow Rentals, Zillow Home Loans, ShowingTime, Follow Up Boss, Aryeo and others.

Employees: 6,835

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

86% more call options, than puts

Call options by funds: $902M | Put options by funds: $485M

53% more first-time investments, than exits

New positions opened: 89 | Existing positions closed: 58

34% more capital invested

Capital invested by funds: $8.05B [Q2] → $10.8B (+$2.72B) [Q3]

25% more funds holding in top 10

Funds holding in top 10: 16 [Q2] → 20 (+4) [Q3]

6% more funds holding

Funds holding: 416 [Q2] → 442 (+26) [Q3]

0.36% less ownership

Funds ownership: 99.34% [Q2] → 98.98% (-0.36%) [Q3]

5% less repeat investments, than reductions

Existing positions increased: 132 | Existing positions reduced: 139

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $75 4% downside
• Avg. target: $83 6% upside
• High target: $90 16% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Morgan Stanley Brian Nowak 84% 1-year accuracy 27 / 32 met price target	4% downside $75	Equal-Weight Maintained	13 Jan 2025
Jefferies John Colantuoni 71% 1-year accuracy 12 / 17 met price target	16% upside $90	Buy Maintained	22 Oct 2024