Needham Sticks to Their Hold Rating for Zillow Group Class C (Z)

Needham analyst Bernie McTernan reiterated a Hold rating on Zillow Group Class C (ZResearch Report) today. The company’s shares closed yesterday at $35.66.

McTernan covers the Services sector, focusing on stocks such as DraftKings, Upwork, and Penn National Gaming. According to TipRanks, McTernan has an average return of -15.8% and a 32.26% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zillow Group Class C with a $47.33 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Z market cap is currently $8.62B and has a P/E ratio of -15.96.

Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of Z in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Zillow Group, Inc. is an online real estate marketplace. The company engages in providing information about residential homes, real estate listings and mortgages on its mobile application and website.Its platform offers renting, buying, selling, and financing services for residential real estate across the United States. Additionally, the company provides advertising services and marketing software and technology solutions.

Read More on Z:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More