Zillow Group, Inc. Just Recorded A Sigfniciant Bearish Options Activity

 Zillow Group, Inc. Just Recorded A Sigfniciant Bearish Options Activity

In today’s session Zillow Group, Inc. (Z) recorded an unusually high (877) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious Z decrease. With 877 contracts traded and 31274 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: Z161118P00035000 closed last at: $3.1 or 12.7% up. About 422,782 shares traded hands. Zillow Group, Inc. (NASDAQ:Z) has risen 49.72% since April 1, 2016 and is uptrending. It has outperformed by 48.51% the S&P500.

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

Out of 6 analysts covering Zillow Inc (NASDAQ:Z), 3 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 50% are positive. $105 is the highest target while $20 is the lowest. The $45.13 average target is 25.08% above today’s ($36.08) stock price. Zillow Inc has been the topic of 14 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The company was initiated on Monday, August 10 by Susquehanna. On Wednesday, May 4 the stock rating was upgraded by Cowen & Co to “Market Perform”. The company was maintained on Thursday, July 14 by Morgan Stanley. The firm has “Sector Perform” rating by RBC Capital Markets given on Wednesday, August 5. The firm has “Buy” rating by Morgan Stanley given on Wednesday, August 5. The firm has “Sector Perform” rating given on Wednesday, November 4 by RBC Capital Markets. The rating was downgraded by Cowen & Co on Friday, July 31 to “Underperform”. As per Wednesday, August 26, the company rating was maintained by Stephens. The company was maintained on Wednesday, August 5 by Benchmark. The company was maintained on Thursday, August 6 by Macquarie Research.

According to Zacks Investment Research, “Zillow Group, Inc. offers real estate and home-related brands on mobile and web. The company’s brands focus on home lifecycle consists of renting, buying, selling, financing and home improvement. Its real estate and rental marketplaces of consumer brands includes Zillow(R), Trulia(R), StreetEasy(R) and HotPads(R). The company also works with real estate agents, lenders and rental professionals. Its business brands for real estate, rental and mortgage professionals, including Postlets(R), Mortech(R), Diverse Solutions(R), Market Leader(R) and Retsly(TM). Zillow Group, Inc. is headquartered in Seattle.”

Z Company Profile

Zillow Group, Inc., incorporated on July 25, 2014, operates the real estate and home-related information marketplaces on mobile and the Web, with a portfolio of brands and products to help people find information about homes and connect with local professionals. The Company’s brands focus on all stages of the home lifecycle: renting, buying, selling, financing and home improvement. The Company’s portfolio of consumer brands includes Zillow, Trulia, StreetEasy, Bridge Interactive and HotPads. In addition, it provides advertising services to real estate agents and rental and mortgage professionals. The Firm also owns and operates a number of brands that offer technology solutions to real estate, rental and mortgage professionals, including DotLoop, Mortech, Diverse Solutions and Retsly. The Company’s database includes over 110 million homes in the United States, including homes for sale, homes for rent and homes not on the market.

More notable recent Zillow Group, Inc. (NASDAQ:Z) news were published by: Fool.com which released: “Zillow Group, Inc. Turns the Key to a Strong Beat and Raise” on November 02, 2016, also Valuewalk.com with their article: “Zillow Group, Inc. Using Facebook Inc To Expand Its Targeted Audience” published on October 28, 2016, Prnewswire.com published: “Zillow Group Launches “Premier Broker,” a New Platform to Help Brokerages …” on October 06, 2016. More interesting news about Zillow Group, Inc. (NASDAQ:Z) were released by: Prnewswire.com and their article: “Zillow Group Launches New Features for New Construction Listings; Adds Access …” published on October 20, 2016 as well as Prnewswire.com‘s news article titled: “Zillow Group Gives Listing Agents a “Boost” With New Ads; Expands Reach of …” with publication date: October 27, 2016.

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