Potential Price Increase for Costar Group, Inc (CSGP) After Recent Insider Activity

In a filing, Costar Group, Inc revealed its Former Board Member, retired l Michael Klein acquired Company’s shares for reported $20.15 million on May 12 ’25. In the deal valued at $75.20 per share,267,936 shares were bought.

Then, Michael Klein bought 32,064 shares, generating $2,416,664 in total proceeds.

Before that, Cann Cynthia Cammett sold 1,749 shares. Costar Group, Inc shares valued at $139,745 were divested by the Chief Accounting Officer at a price of $79.90 per share. As a result of the transaction, Cann Cynthia Cammett now holds 29,456 shares, worth roughly $2.23 million.

A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in late February with a ‘”a Buy”‘ rating. Wells Fargo began covering CSGP with “an Underweight” recommendation on February 05, 2025. RBC Capital Mkts revised its rating on October 23, 2024. It rated CSGP as “a Sector perform” which previously was an “an Outperform”.

Price Performance Review of CSGP

On Tuesday, Costar Group, Inc [NASDAQ:CSGP] saw its stock jump 3.30% to $75.69. Over the last five days, the stock has gained 1.45%. Costar Group, Inc shares have risen nearly 5.73% since the year began. Nevertheless, the stocks have fallen -4.25% over the past one year. While a 52-week high of $83.68 was reached on 04/23/25, a 52-week low of $68.26 was recorded on 01/14/25. SMA at 50 days reached $77.28, while 200 days put it at $76.19.

Levels Of Support And Resistance For CSGP Stock

The 24-hour chart illustrates a support level at 73.77, which if violated will result in even more drops to 71.85. On the upside, there is a resistance level at 76.68. A further resistance level may holdings at 77.67. The Relative Strength Index (RSI) on the 14-day chart is 49.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 26.44%. Stochastics %K at 45.54% 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 2025-05-15, dropping by -0.48 million shares to a total of 17.23 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 17.71 million shares. There was a decline of -2.77%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on February 07, 2024 when Citigroup resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $97.

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