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Zillow reports Q4 loss but beats revenue forecasts, facing stock dip and insider sales.
Zillow Group reported a Q4 loss of $0.22 per share, missing analyst estimates by $0.48.
Despite this, revenue beat expectations at $554 million.
Mortgage and rental revenue saw significant growth, up 86% and 25% year-over-year, respectively.
Zillow's shares fell after the report.
Insiders sold $12.5 million worth of stock recently, and the stock has a "Moderate Buy" rating with a $78.00 target price.
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Zillow reporta pérdida Q4, pero supera los pronósticos de ingresos, enfrentando la caída de stock y las ventas de información privilegiada.