Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Costar Group, Inc shares valued at $20,148,787 were purchased by Michael Klein on May 12 ’25. At $75.20 per share, Michael Klein acquired 267,936 shares.
Also, Michael Klein purchased 32,064 shares, netting a total of over 2,416,664 in proceeds.
Before that, Cann Cynthia Cammett had sold 1,749 shares from its account. In a trade valued at $139,745, the Chief Accounting Officer traded Costar Group, Inc shares for $79.90 each. Upon closing the transaction, the insider’s holdings decreased to 1,749 shares, worth approximately $2.23 million.
As published in their initiating research note from Deutsche Bank on February 28, 2025, Costar Group, Inc [CSGP] has been a Buy and the price target has been revised to $89. Analysts at Wells Fargo started covering the stock with ‘”an Underweight”‘ outlook in a report released in early February. As of October 23, 2024, RBC Capital Mkts has decreased its “an Outperform” rating to a “Sector perform” for CSGP. Earlier on February 07, 2024, Citigroup resumed its rating. Their recommendation was “a Buy” for CSGP stock.
Analyzing CSGP Stock Performance
During the last five days, there has been a surge of approximately 0.46%. Over the course of the year, Costar Group, Inc shares have jumped approximately 5.73%. Shares of the company reached a 52-week high of $83.68 on 04/23/25 and a 52-week low of $68.41 on 01/14/25. A 50-day SMA is recorded $78.15, while a 200-day SMA reached $76.19.
Support And Resistance Levels for Costar Group, Inc (CSGP)
According to the 24-hour chart, there is a support level at 74.94, which, if violated, would cause prices to drop to 74.18. In the upper region, resistance lies at 76.39. The next price resistance is at 77.08. RSI (Relative Strength Index) is 45.84 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.70, which suggests the price will decrease in the coming days. Percent R is at 81.71%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
