The price of Zillow Group Inc (NASDAQ:Z) shares last traded on Wall Street rose 3.43% to $43.08.
Z stock price is now -10.13% away from the 50-day moving average and -11.97% away from the 200-day moving average. The market capitalization of the company currently stands at $10.17B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
, while ‘Standpoint Research’ rates the stock as ‘Hold’
In other news, Samuelson Errol G, Chief Industry Dev. Officer sold 4,219 shares of the company’s stock on Mar 26 ’24. The stock was sold for $209,278 at an average price of $49.60. Upon completion of the transaction, the Chief Industry Dev. Officer now directly owns 168,863 shares in the company, valued at $7.27 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 15 ’24, Chief Financial Officer Hofmann Jeremy sold 7,813 shares of the business’s stock. A total of $427,873 was realized by selling the stock at an average price of $54.76. This leaves the insider owning 137,347 shares of the company worth $5.92 million. A total of 33.69% of the company’s stock is owned by insiders.
During the past 12 months, Zillow Group Inc has had a low of $33.80 and a high of $61.13. As of last week, the company has a debt-to-equity ratio of 0.40, a current ratio of 3.32, and a quick ratio of 3.32.
The net profit margin was -7.93% and return on equity was -3.46% for Z. The company reported revenue of $529.0 million for the quarter, compared to $469.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 12.79 percent.
Zillow Group Inc(Z) Company Profile
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. In addition, the company’s brand portfolio includes Zillow Premier Agent, Zillow Home Loans, Zillow Rentals, Trulia, StreetEasy, HotPads, and Out East; and a suite of marketing software and technology solutions for the real estate industry, including ShowingTime+, Spruce, and Follow Up Boss. Zillow Group, Inc. was incorporated in 2004 and is headquartered in Seattle, Washington.
