According to Seeking Alpha, a crowd-sourced content service for financial markets, US-based property portal giant, Zillow Group, is going strong after director Jay Hoag purchased nearly $25M worth of its shares.
Mr. Jay Crandall Hoag has been a Director of TripAdvisor, Inc. since January 31, 2018. Mr. Hoag has been the Founding General Partner of Technology Crossover Ventures since June 1995. He is a member of many Boards, including Zillow, Netflix, TripAdvisor, and more. He has been involved in a large number of technology investments, including Ariba Technologies, C|Net, Expedia, Facebook, Fandango, Groupon, Netflix, Prodege and Zillow, among many others. He serves as Director of Peloton Interactive, Inc. He has been a Director of Zillow Group, Inc.
Zillow Group has outpaced the currently strong market (Z +11.9%, ZG +11.8%) following a disclosure from Hoag who bought 850,000 shares last week. Those purchases came at prices between $29.087/share (650,000 shares) and $29.4736/share (200,000 shares).
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