SCHEDULE: FMR LLC Reports Stake in Zillow Group

FMR LLC and Abigail P. Johnson have reported a combined beneficial ownership of 203,371.04 shares of Zillow Group Inc. Class A Common Stock, representing 0.4% of the class.

Summary

• FMR LLC and Abigail P. Johnson, through various affiliated entities, have filed a Schedule 13G, indicating their beneficial ownership of Zillow Group Inc. Class A Common Stock.
• The total number of shares beneficially owned is 203,371.04, which constitutes 0.4% of the total outstanding Class A Common Stock.
• FMR LLC is classified as a holding company (HC), and Abigail P. Johnson is classified as an individual investor (IN).
• The filing is an amendment (Amendment No. 1) to a previous filing, with the event date requiring this statement being March 31, 2026.
• The reporting persons certify that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports on existing beneficial ownership rather than announcing new strategic initiatives, financial performance, or significant changes.

Positives

• FMR LLC and Abigail P. Johnson maintain a beneficial ownership stake in Zillow Group Inc., indicating continued investment interest.
• The filing confirms that the shares are held in the ordinary course of business, suggesting a standard investment strategy rather than a hostile takeover attempt.

Negatives

• The reported ownership stake of 0.4% is relatively small, suggesting limited influence on the company's control or strategic direction.

Risks

• The filing does not explicitly mention any specific risks associated with the investment or Zillow Group Inc. itself.

Future Outlook

The filing does not contain specific forward-looking statements or guidance from management regarding future performance or strategy.

Management Comments

• FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by FMR LLC and Abigail P. Johnson indicates a passive investment stake in Zillow Group Inc. Such filings are common for institutional investors and significant individual investors who cross certain ownership thresholds, and this filing suggests a continued, albeit small, interest in the real estate technology sector.

Stakeholder Impact

• Shareholders: The filing provides transparency regarding significant beneficial ownership, which is standard information for investors.
• Management: The certification by FMR LLC and Abigail P. Johnson that the shares are held in the ordinary course of business may provide some reassurance regarding the nature of their investment.

Next Steps

• No specific next steps are outlined in this filing.

Key Dates

Keywords

Zillow Group Inc, Schedule 13G, FMR LLC, Abigail P. Johnson, Class A Common Stock, Beneficial Ownership, Investment, SEC Filing