Zillow has just been on an incredible run lately since the bottom in November. A cup with handle has now formed. This move has been so deep and powerful the traditional 3 box PnF targets 90. Clearly there is major demand for this stock.
I looked the recent fillings from funds with large ownership and recorded them in a table (there are likely errors). I also took the short interest from mid-February and shares locked up. Ofcourse these numbers aren't up to date but, it seems there is a real lack of supply here. Clearly the consensus is the 1.6B valuation is too low. Just thought this was worth pointing out.
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