Costar Group, Inc (NASDAQ: CSGP) is 11.62% higher on its value in year-to-date trading and has touched a low of $68.26 and a high of $100.38 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CSGP stock was last observed hovering at around $79.39 in the last trading session, with the day’s gains setting it 0.52%.
Currently trading at $79.91, the stock is 4.37% and 6.73% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.75 million and changing 0.65% at the moment leaves the stock 5.38% off its SMA200. CSGP registered -8.86% loss for a year compared to 6-month gain of 3.30%.
The stock witnessed a 2.20% loss in the last 1 month and extending the period to 3 months gives it a 0.20%, and is 6.00% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.78% over the week and 2.99% over the month.
Costar Group, Inc (CSGP) has around 6593 employees, a market worth around $33.70B and $2.74B in sales. Current P/E ratio is 235.10 and Fwd P/E is 52.86. Profit margin for the company is 5.07%. Distance from 52-week low is 17.07% and -20.39% from its 52-week high. The company has generated returns on investments over the last 12 months (1.62%).
with sales reaching $731.1M over the same period.The EPS is expected to grow by 17.31% this year, but quarterly earnings will post 15.47% year-over-year. Quarterly sales are estimated to grow 11.38% in year-over-year returns.
Costar Group, Inc (CSGP) Top Institutional Holders
The shares outstanding are 421.76M, and float is at 415.86M with Short Float at 3.58%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 65.62 million shares valued at $4.86 billion. The investor’s holdings represent 16.1778% of the CSGP Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 38.56 million shares valued at $2.86 billion to account for 9.5072 of the shares outstanding. The other top investors are PRINCIPAL FINANCIAL GROUP INC which holds 19.37 million shares representing 4.7759% and valued at over $1.44 billion, while BAMCO INC /NY/ holds 4.7466 of the shares totaling 19.27 million with a market value of $1.43 billion.
Costar Group, Inc (CSGP) Insider Activity
The most recent transaction is an insider sale by Hill John W, the company’s Director. SEC filings show that Hill John W sold 2,735 shares of the company’s common stock on Dec 10 ’24 at a price of $76.76 per share for a total of $0.21 million. Following the sale, the insider now owns 17499.0 shares.
Still, SEC filings show that on Nov 27 ’24, NASSETTA CHRISTOPHER J (Director) disposed off 1,681 shares at an average price of $80.39 for $0.14 million. The insider now directly holds 229,715 shares of Costar Group, Inc (CSGP).
