Beitel David A.

Zillow CTO David A. Beitel sold 22,510 shares at $90.97 for $2.0M, reducing stake by 13.5% amid company's profitability challenges.

David A. Beitel, Chief Technology Officer, sold 22,510 shares at $90.97 on 2025-09-08, reducing his holdings from 167,059 to 144,549 shares. The transaction occurred when the stock was near its 52-week high ($89.90), as Zillow trades at $85.71 currently, down 4.7% from its 52-week peak. Notably, Zillow's fundamentals remain challenged: the company generated $655,000,000 in latest-quarter revenue with $2,000,000 in net income, and was unprofitable over its most recent full fiscal year despite annual revenue growth of 15.0%. Beitel's cross-ticker track record shows his prior sells averaged +9.2% returns over 90 days, indicating his historical sales have generally preceded stock declines; this trade's proximity to the 52-week high aligns with that pattern, though without predictive force for this specific security.

CTO David A. Beitel sold 11,944 shares of Zillow (Z/ZG) at $83.25 on 2024-11-22 near 52-week highs; company unprofitable with -0.7% revenue decline YoY.

David A. Beitel, Chief Technology Officer, sold 11,944 shares for $994,338.00, reducing his holdings by 7.2% to 153,071 shares. The sale occurred at $83.25, within 0.0% of the 52-week high of $84.85, amid a 30-day rally of 42.2% and 90-day gain of 50.6%. This marks his 4th open-market sale across all tickers in his cross-ticker track record. Contextually, Zillow reported a latest quarterly revenue of $581,000,000 but posted a net loss of $-20,000,000, with full-year net income also negative and annual revenue declining 0.7% year-over-year. The sale at an elevated price point during strong recent momentum, combined with the company's negative profitability and stalled revenue growth, merits investor attention as a data point in understanding insider positioning at elevated valuations.

CTO David Beitel sold 56,750 shares of Zillow for $4,108,340.83 in 2 transactions at $70.47 and $72.55.

David Beitel, Chief Technology Officer of Zillow Group, executed 2 separate sales totaling 56,750 shares for $4,108,340.83 at prices of $70.47 and $72.55 on 2024-11-15, reducing his post-transaction holdings to 165,015 shares from 221,765 shares, a reduction of 25.6% of his prior position. This represents a material reduction in stake size by a key technical executive at a scale that may indicate significant personal capital needs or reallocation rather than a routine modest adjustment. The filing contains a filer coding anomaly that excluded 2 reported lines, suggesting potential tax-withholding complexities in the overall transaction structure that warrant examination. The magnitude and multi-tranche execution pattern, combined with the substantial proportional reduction in holdings, merits attention for understanding potential management-level activity at the company.