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 $1.33 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 $17.49 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 Tuesday, Costar Group, Inc [NASDAQ:CSGP] saw its stock fall -0.42% to $76.12. Over the last five days, the stock has gained 2.64%. Costar Group, Inc shares have risen nearly 6.33% since the year began. Nevertheless, the stocks have fallen -10.03% over the past one year. While a 52-week high of $100.38 was reached on 01/28/25, a 52-week low of $68.26 was recorded on 01/14/25. SMA at 50 days reached $74.67, while 200 days put it at $77.56.
Levels Of Support And Resistance For CSGP Stock
The 24-hour chart illustrates a support level at 75.38, which if violated will result in even more drops to 74.63. On the upside, there is a resistance level at 77.20. A further resistance level may holdings at 78.28. The Relative Strength Index (RSI) on the 14-day chart is 60.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.70, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 15.55%. Stochastics %K at 88.49% indicates the stock is a selling.
How much short interest is there in Costar Group, Inc?
A steep rise in short interest was recorded in Costar Group, Inc stocks on 2025-01-15, growing by 1.62 million shares to a total of 13.37 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 11.75 million shares. There was a rise of 12.11%, which implies that there is a positive sentiment for the stock.
