Dragoneer Investment Group Stake in Facebook (FB) Upped by $35.39 Million as Share Value Declined; Zillow Group (Z) Shareholder Caledonia Private Investments Pty LTD Has Lifted Stake by $26.20 Million

August 12, 2018 - By William Brooks

Zillow Group, Inc. (NASDAQ:Z) Logo

Dragoneer Investment Group Llc increased its stake in Facebook Inc (FB) by 80.38% based on its latest 2018Q1 regulatory filing with the SEC. Dragoneer Investment Group Llc bought 222,573 shares as the company’s stock declined 0.01% with the market. The institutional investor held 499,463 shares of the technology company at the end of 2018Q1, valued at $79.81M, up from 276,890 at the end of the previous reported quarter. Dragoneer Investment Group Llc who had been investing in Facebook Inc for a number of months, seems to be bullish on the $520.45 billion market cap company. The stock decreased 1.55% or $2.83 during the last trading session, reaching $180.26. About 20.35 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 21.69% since August 12, 2017 and is uptrending. It has outperformed by 9.12% the S&P500. Some Historical FB News: 27/03/2018 – Facebook Delays Preview Of Smart Speaker In Wake Of Data Scandal: Report — MarketWatch; 20/03/2018 – Beginning in 2014, Cambridge Analytica obtained data on 50 million Facebook users via means that deceived both the users and Facebook, the New York Times and London’s Observer reported on Saturday; 06/03/2018 – Change of tune Facebook takes […]; 16/05/2018 – U.S. net neutrality bill gets enough Senate votes to advance; 29/03/2018 – Facebook users join call for regulation, survey finds; 03/05/2018 – Alaska Air Group Elects Facebook Executive Susan Li to Board; 08/03/2018 – Facebook’s Ever-Growing Data Center Plans Reach Atlanta — Barron’s Blog; 30/04/2018 – Facebook’s Jan Koum May Spurn $1 Billion on Early WhatsApp Exit; 29/05/2018 – Facebook faces UK parental approval rule for under 16s; 23/04/2018 – SINGAPORE PM LEE COMMENTS ON CABINET RESHUFFLE IN FACEBOOK POST

Caledonia Private Investments Pty Ltd increased its stake in Zillow Group Inc (Z) by 3.44% based on its latest 2018Q1 regulatory filing with the SEC. Caledonia Private Investments Pty Ltd bought 485,197 shares as the company’s stock rose 21.35% while stock markets declined. The institutional investor held 14.59M shares of the miscellaneous company at the end of 2018Q1, valued at $787.89 million, up from 14.11M at the end of the previous reported quarter. Caledonia Private Investments Pty Ltd who had been investing in Zillow Group Inc for a number of months, seems to be bullish on the $9.78 billion market cap company. The stock decreased 3.87% or $1.97 during the last trading session, reaching $48.98. About 3.74 million shares traded or 82.78% up from the average. Zillow Group, Inc. (NASDAQ:Z) has risen 29.89% since August 12, 2017 and is uptrending. It has outperformed by 17.32% the S&P500. Some Historical Z News: 21/05/2018 – Cramer also sits down with the CEOs of Take-Two Interactive Software, Zillow and International Flavors & Fragrances; 07/05/2018 – Zillow Group: Philips Will Serve in Advisory Role for Two Years to Ensure Smooth Transition; 12/04/2018 – Zillow Launches Home-Flipping Program in Phoenix and Las Vegas; 07/05/2018 – Zillow Group: Jennifer Rock Will Serve as Interim CFO; 19/04/2018 – DJ Zillow Group Inc Class C, Inst Holders, 1Q 2018 (Z); 07/05/2018 – Zillow Group: To Report 2Q Results for Two Segments: Internet, Media & Technology Segment, Homes Segment; 11/04/2018 – Zillow CEO Spencer Rascoff works from a treadmill with a view of Seattle’s Space Needle – take a closer look at his desk; 26/04/2018 – Zillow: Greater Toronto Would See Only Modest Rent Boost From Amazon HQ2; 19/03/2018 – Seattle Mayor Durkan, Amazon, Starbucks, Zillow and others convene to talk solutions to homelessness as part of United Way’s Community Resource Exchange; 07/05/2018 – Zillow Group 1Q Rev $299.9M

Among 12 analysts covering Zillow Inc (NASDAQ:Z), 5 have Buy rating, 0 Sell and 7 Hold. Therefore 42% are positive. Zillow Inc had 35 analyst reports since July 31, 2015 according to SRatingsIntel. Morgan Stanley maintained the shares of Z in report on Wednesday, August 5 with “Buy” rating. The company was initiated on Monday, August 10 by Susquehanna. The stock has “Hold” rating by Morgan Stanley on Wednesday, April 18. The firm has “Equal-Weight” rating given on Friday, January 13 by Morgan Stanley. The rating was initiated by DA Davidson with “Hold” on Wednesday, April 4. As per Tuesday, February 14, the company rating was upgraded by Stifel Nicolaus. On Wednesday, November 4 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The firm has “Sector Perform” rating given on Wednesday, August 5 by RBC Capital Markets. The stock has “Buy” rating by KeyBanc Capital Markets on Thursday, March 15. The stock of Zillow Group, Inc. (NASDAQ:Z) earned “Market Perform” rating by Cowen & Co on Wednesday, May 4.

Caledonia Private Investments Pty Ltd, which manages about $5.46B US Long portfolio, decreased its stake in Costar Group Inc (NASDAQ:CSGP) by 4,461 shares to 84,021 shares, valued at $30.47 million in 2018Q1, according to the filing.

More notable recent Zillow Group, Inc. (NASDAQ:Z) news were published by: Benzinga.com which released: “Earnings Preview For Zillow Group” on August 06, 2018, also Seekingalpha.com with their article: “Zillow: No Small Plans For Millennials” published on August 09, 2018, Fool.com published: “Zillow Group Cuts Full-Year Forecast” on August 08, 2018. More interesting news about Zillow Group, Inc. (NASDAQ:Z) were released by: Investorplace.com and their article: “Zillow Stock Is Way Overvalued” published on August 07, 2018 as well as Seekingalpha.com‘s news article titled: “Zillow’s Strategic Shift” with publication date: August 07, 2018.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Nasdaq.com which released: “The Walt Disney Company Has Become the New Battlefield Stock” on August 11, 2018, also Nasdaq.com with their article: “Alex Jones Temporarily Banned By Facebook (FB)” published on July 28, 2018, Nasdaq.com published: “Facebook’s (FB) WhatsApp Tied to Lynchings in India” on July 27, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Nasdaq.com and their article: “Facebook (FB) 2nd Quarter Earnings: What to Expect” published on July 25, 2018 as well as Nasdaq.com‘s news article titled: “Better Buy: Amazon (AMZN) vs. Facebook (FB) Stock” with publication date: July 20, 2018.

Since February 12, 2018, it had 0 insider purchases, and 98 sales for $4.56 billion activity. Shares for $91.03 million were sold by Zuckerberg Mark. Wehner David M. had sold 14,901 shares worth $2.66 million on Thursday, February 22. Another trade for 55,000 shares valued at $10.75M was made by Sandberg Sheryl on Thursday, June 28. Shares for $1.96 million were sold by Cox Christopher K on Tuesday, May 22. Koum Jan had sold 1.25 million shares worth $221.33 million. Schroepfer Michael Todd sold $6.64 million worth of stock.

Among 56 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 4 Hold. Therefore 89% are positive. Facebook had 291 analyst reports since July 21, 2015 according to SRatingsIntel. Morgan Stanley maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, November 5. Morgan Stanley has “Overweight” rating and $120 target. Tigress Financial maintained Facebook, Inc. (NASDAQ:FB) on Friday, August 11 with “Buy” rating. Canaccord Genuity maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, April 28. Canaccord Genuity has “Buy” rating and $150 target. Needham maintained it with “Buy” rating and $18500 target in Wednesday, July 19 report. Stifel Nicolaus maintained Facebook, Inc. (NASDAQ:FB) on Wednesday, July 26 with “Buy” rating. The company was maintained on Thursday, November 2 by Canaccord Genuity. On Thursday, April 28 the stock rating was maintained by Wedbush with “Outperform”. The firm earned “Hold” rating on Tuesday, June 26 by UBS. Monness Crespi maintained the shares of FB in report on Thursday, April 28 with “Buy” rating. The firm earned “Buy” rating on Sunday, August 16 by Bank of America.

Investors sentiment decreased to 0.87 in 2018 Q1. Its down 0.34, from 1.21 in 2017Q4. It is negative, as 145 investors sold FB shares while 712 reduced holdings. 173 funds opened positions while 573 raised stakes. 1.65 billion shares or 2.41% more from 1.61 billion shares in 2017Q4 were reported. Light Street Llc accumulated 4.06% or 309,017 shares. 23,249 were reported by Lombard Odier Asset Mngmt (Europe) Limited. Nomura Asset Company Ltd invested 1.47% of its portfolio in Facebook, Inc. (NASDAQ:FB). Moreover, Huntington Bank & Trust has 0.96% invested in Facebook, Inc. (NASDAQ:FB). Advisory Net Limited Company reported 0.57% stake. Amalgamated Savings Bank has invested 1.47% in Facebook, Inc. (NASDAQ:FB). Plancorp Limited Liability Corporation invested in 0.1% or 1,928 shares. Emerald Mutual Fund Advisers Tru, Pennsylvania-based fund reported 1,878 shares. Peak Asset Mngmt Ltd stated it has 3,653 shares. Platinum Limited holds 4.48% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 1.01 million shares. Bancshares Pictet And Cie (Asia) Ltd has invested 1.84% of its portfolio in Facebook, Inc. (NASDAQ:FB). Hamel Incorporated, a New Jersey-based fund reported 1,886 shares. New York-based Wellington Shields Ltd Limited Liability Company has invested 0.9% in Facebook, Inc. (NASDAQ:FB). Convergence Prtnrs Ltd owns 0.07% invested in Facebook, Inc. (NASDAQ:FB) for 3,561 shares. Lansdowne Prtn (Uk) Llp invested 5.6% of its portfolio in Facebook, Inc. (NASDAQ:FB).

Dragoneer Investment Group Llc, which manages about $450.59M and $705.85 million US Long portfolio, decreased its stake in Sendgrid Inc by 188,223 shares to 869,067 shares, valued at $24.46 million in 2018Q1, according to the filing. It also reduced its holding in 58 Com Inc (NYSE:WUBA) by 62,500 shares in the quarter, leaving it with 838,868 shares, and cut its stake in Jd Com Inc (NASDAQ:JD).

Facebook, Inc. (NASDAQ:FB) Institutional Positions Chart

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