After Today’s Bullish Options Activity, Is Zillow Group, Inc.’s Near-Term Analysis Positive?

 After Today's Bullish Options Activity, Is Zillow Group, Inc.'s Near Term Analysis Positive?

In today’s session Zillow Group, Inc. (Z) registered an unusually high (500) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious Z increase. With 500 contracts traded and 824 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: Z161216C00035000 closed last at: $1.65 or 26.7% down. About 173,224 shares traded hands. Zillow Group, Inc. (NASDAQ:Z) has risen 71.42% since April 12, 2016 and is uptrending. It has outperformed by 66.44% 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 27.41% above today’s ($35.42) stock price. Zillow Inc has been the topic of 14 analyst reports since July 31, 2015 according to StockzIntelligence Inc. Benchmark maintained Zillow Group, Inc. (NASDAQ:Z) rating on Wednesday, August 5. Benchmark has “Buy” rating and $105 price target. Morgan Stanley maintained the stock with “Buy” rating in Wednesday, August 5 report. The company was maintained on Tuesday, May 3 by Benchmark. On Wednesday, November 4 the stock rating was maintained by Benchmark with “Buy”. RBC Capital Markets maintained the stock with “Sector Perform” rating in Wednesday, August 5 report. The stock of Zillow Group, Inc. (NASDAQ:Z) earned “Neutral” rating by Susquehanna on Monday, August 10. The firm has “Sector Perform” rating by RBC Capital Markets given on Wednesday, November 4. The stock of Zillow Group, Inc. (NASDAQ:Z) has “Neutral” rating given on Thursday, August 6 by Macquarie Research. Stephens maintained the stock with “Overweight” rating in Wednesday, August 26 report. The firm earned “Underperform” rating on Friday, July 31 by Cowen & Co.

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 important 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 Prnewswire.com published article titled: “Zillow Group Gives Listing Agents a “Boost” With New Ads; Expands Reach of …”, Prnewswire.com published: “Zillow Group Launches New Features for New Construction Listings; Adds Access …” on October 20, 2016. More interesting news about Zillow Group, Inc. (NASDAQ:Z) was released by: Valuewalk.com and their article: “Zillow Group, Inc. Using Facebook Inc To Expand Its Targeted Audience” with publication date: October 28, 2016.

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