← Back to signals
Z
LONGINSIDER SELLZILLOW GROUP INC
Funds
3
Score
4.00
vs SPY
-31.7%
Stock return (since Q-end)
-15.4%
SPY return (since Q-end)
+16.3%
Current price
$35.00
News Summary
NeutralZillow delivered strong Q1 2026 results with 18% YoY revenue growth, $46M net income, and 92% operating cash flow increase, reaching top-25 lender status and expanding its Rentals business. However, the company faces a significant FTC antitrust lawsuit (motion to dismiss denied, entering discovery phase) over its $100M exclusive Redfin multifamily deal, with legal expenses rising to ~$20M in Q2, and guidance for Q2 came in slightly below consensus expectations.
Red flags
- •FTC antitrust lawsuit survived motion to dismiss on May 7, 2026; now entering discovery with material litigation risk and $20M+ quarterly legal costs
- •Q2 2026 revenue guidance midpoint ($757.5M) came in below Wall Street consensus, triggering ~6% post-earnings stock decline
- •Regulatory headwind: $100M Redfin exclusive multifamily deal is core subject of FTC/state AGs lawsuit involving five states; outcome uncertain
Funds Buying (3)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | QoQ | Status |
|---|---|---|---|---|---|---|
| Tiger Global | Chase Coleman | 7.4M | +1.3M | $304.9B | +22% | Existing |
| Coatue Management | Philippe Laffont | 740K | +740K | $30.6B | — | NEW |
| Point72 | Steve Cohen | 123K | +123K | $5.1B | — | NEW |
Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter.
Insider Activity
| Name | Title | Type | Shares | Price | Value | Filed |
|---|---|---|---|---|---|---|
| Wacksman Jeremy | Chief Executive Officer | SELL | 9K | $36.54 | $0.33M | 2026-05-22 |
| Spaulding Dan | Chief People Officer | SELL | 3K | $37.40 | $0.12M | 2026-05-18 |
| Hofmann Jeremy | Chief Financial Officer | SELL | 6K | $37.40 | $0.21M | 2026-05-18 |
| Owens Bradley D. | General Counsel | SELL | 3K | $37.23 | $0.13M | 2026-05-15 |
| Hofmann Jeremy | Chief Financial Officer | SELL | 3K | $37.86 | $0.13M | 2026-05-14 |
| Hofmann Jeremy | Chief Financial Officer | SELL | 300 | $38.72 | $0.01M | 2026-05-14 |
| Spaulding Dan | Chief People Officer | SELL | 150 | $38.74 | $0.01M | 2026-05-14 |
| Wacksman Jeremy | Chief Executive Officer | SELL | 6K | $37.88 | $0.22M | 2026-05-14 |
| Wacksman Jeremy | Chief Executive Officer | SELL | 300 | $38.69 | $0.01M | 2026-05-14 |
| Choo Jun | Chief Operating Officer | SELL | 1K | $37.84 | $0.04M | 2026-05-14 |
| Choo Jun | Chief Operating Officer | SELL | 145 | $38.76 | $0.01M | 2026-05-14 |
| Beitel David A. | Chief Technology Officer | SELL | 2K | $37.86 | $0.07M | 2026-05-14 |
| Beitel David A. | Chief Technology Officer | SELL | 150 | $38.74 | $0.01M | 2026-05-14 |
| Rock Jennifer | Chief Accounting Officer | SELL | 974 | $37.95 | $0.04M | 2026-05-14 |
| Rock Jennifer | Chief Accounting Officer | SELL | 60 | $38.72 | $0.00M | 2026-05-14 |
| Samuelson Errol G | Chief Industry Dev. Officer | SELL | 3K | $37.92 | $0.10M | 2026-05-14 |
| Samuelson Errol G | Chief Industry Dev. Officer | SELL | 200 | $38.70 | $0.01M | 2026-05-14 |
| Owens Bradley D. | General Counsel | SELL | 2K | $37.83 | $0.07M | 2026-05-14 |
| Owens Bradley D. | General Counsel | SELL | 290 | $38.61 | $0.01M | 2026-05-14 |
| Spaulding Dan | Chief People Officer | SELL | 2K | $37.86 | $0.07M | 2026-05-14 |