Costar Group, Inc’s recent filing unveils that its Director Hill John W unloaded Company’s shares for reported $0.21 million on Dec 10 ’24. In the deal valued at $76.76 per share,2,735 shares were sold. As a result of this transaction, Hill John W now holds 17,499 shares worth roughly $1.22 million.
Then, Hill John W bought 2,735 shares, generating $215,100 in total proceeds.
Before that, NASSETTA CHRISTOPHER J sold 1,681 shares. Costar Group, Inc shares valued at $135,136 were divested by the Director at a price of $80.39 per share. As a result of the transaction, NASSETTA CHRISTOPHER J now holds 229,715 shares, worth roughly $16.05 million.
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 fall -2.06% to $69.87. Over the last five days, the stock has lost -1.36%. Costar Group, Inc shares have fallen nearly -2.40% since the year began. Nevertheless, the stocks have fallen -16.54% over the past one year. While a 52-week high of $100.38 was reached on 01/06/25, a 52-week low of $68.26 was recorded on 01/10/25. SMA at 50 days reached $74.92, while 200 days put it at $78.70.
Levels Of Support And Resistance For CSGP Stock
The 24-hour chart illustrates a support level at 69.29, which if violated will result in even more drops to 68.72. On the upside, there is a resistance level at 70.59. A further resistance level may holdings at 71.32. The Relative Strength Index (RSI) on the 14-day chart is 38.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.46%. Stochastics %K at 28.32% 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 2024-12-13, growing by 0.69 million shares to a total of 11.75 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 11.06 million shares. There was a rise of 5.91%, which implies that there is a positive sentiment for the stock.
