KD Logo

Recent Insider Activity Suggests Potential Gains for Costar Group, Inc (CSGP)

Costar Group, Inc’s recent filing unveils that its Director NASSETTA CHRISTOPHER J unloaded Company’s shares for reported $0.14 million on Nov 27 ’24. In the deal valued at $80.39 per share,1,681 shares were sold. As a result of this transaction, NASSETTA CHRISTOPHER J now holds 229,715 shares worth roughly $17.76 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, DESMARAIS MICHAEL J sold 5,500 shares, generating $439,340 in total proceeds. Upon selling the shares at $79.88, the Chief Human Resources Officer now owns 58,798 shares.

Before that, Christopher J Nasseta bought 1,681 shares. Costar Group, Inc shares valued at $134,346 were divested by the Director at a price of $79.92 per share.

RBC Capital Mkts downgraded its Costar Group, Inc [CSGP] rating to a Sector perform from a an Outperform in a research note published on October 23, 2024; the price target was decreased to $83 from $96. A number of analysts have revised their coverage, including Citigroup’s analysts, who remained covering the stock and in early February has reiterated a ‘”a Buy”‘ rating for it. BTIG Research began covering CSGP with “Neutral” recommendation on January 19, 2024.

Price Performance Review of CSGP

On Friday, Costar Group, Inc [NASDAQ:CSGP] saw its stock jump 0.38% to $77.32. Over the last five days, the stock has lost -4.94%. Costar Group, Inc shares have fallen nearly -11.52% since the year began. Nevertheless, the stocks have fallen -7.72% over the past one year. While a 52-week high of $100.38 was reached on 03/18/24, a 52-week low of $68.26 was recorded on 10/23/24. SMA at 50 days reached $76.06, while 200 days put it at $80.52.

Levels Of Support And Resistance For CSGP Stock

The 24-hour chart illustrates a support level at 76.79, which if violated will result in even more drops to 76.25. On the upside, there is a resistance level at 78.11. A further resistance level may holdings at 78.89. The Relative Strength Index (RSI) on the 14-day chart is 49.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.11%. Stochastics %K at 61.97% indicates the stock is a holding.

How much short interest is there in Costar Group, Inc?

A steep rise in short interest was recorded in Costar Group, Inc stocks on 2024-11-15, growing by 2.98 million shares to a total of 11.06 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 8.07 million shares. There was a rise of 26.97%, which implies that there is a positive sentiment for the stock.

Most Popular