Zillow Group INC (Z) Shareholder Ancient Art LP Has Lifted Position by $21.44 Million

Zillow Group, Inc. (NASDAQ:Z) Logo

Ancient Art Lp increased its stake in Zillow Group Inc (Z) by 35% based on its latest 2019Q2 regulatory filing with the SEC. Ancient Art Lp bought 476,430 shares as the company’s stock rose 53.77% . The hedge fund held 1.84 million shares of the miscellaneous company at the end of 2019Q2, valued at $84.10 million, up from 1.36 million at the end of the previous reported quarter. Ancient Art Lp who had been investing in Zillow Group Inc for a number of months, seems to be bullish on the $6.62 billion market cap company. The stock increased 0.16% or $0.05 during the last trading session, reaching $32.01. About 1.50 million shares traded. Zillow Group, Inc. (NASDAQ:Z) has declined 10.34% since September 13, 2018 and is downtrending. It has underperformed by 10.34% the S&P500.

More notable recent Zillow Group, Inc. (NASDAQ:Z) news were published by: Nasdaq.com which released: “Financial Sector Update for 09/04/2019: Z,ZG,TRNO,YRD – Nasdaq” on September 04, 2019, also Benzinga.com with their article: “46 Stocks Moving In Wednesday’s Mid-Day Session – Benzinga” published on September 04, 2019, Nasdaq.com published: “Is Columbia Global Technology Growth Z (CMTFX) a Strong Mutual Fund Pick Right Now? – Nasdaq” on August 30, 2019. More interesting news about Zillow Group, Inc. (NASDAQ:Z) were released by: Nasdaq.com and their article: “La-Z-Boy (LZB) is an Incredible Growth Stock: 3 Reasons Why – Nasdaq” published on August 23, 2019 as well as Seekingalpha.com‘s news article titled: “Zillow closes $1.1B in convertible debt offerings – Seeking Alpha” with publication date: September 09, 2019.

Zillow Group, Inc. (NASDAQ:Z) Ratings Coverage

Among 2 analysts covering Zillow Group (NASDAQ:Z), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Zillow Group has $6500 highest and $31 lowest target. $44.33’s average target is 38.49% above currents $32.01 stock price. Zillow Group had 7 analyst reports since April 30, 2019 according to SRatingsIntel. The firm has “Overweight” rating by KeyBanc Capital Markets given on Thursday, August 8. The firm has “Equal-Weight” rating given on Thursday, August 8 by Morgan Stanley.

Zillow Group, Inc. (NASDAQ:Z) Ratings Chart

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