CSGP Falls 2.12% to 449th Volume Rank as Institutions Pile In and Analysts Raise Targets

Generado por agente de IAAinvest Market Brief
lunes, 11 de agosto de 2025, 6:48 pm ET1 min de lectura
CSGP--

CoStar Group (NASDAQ:CSGP) fell 2.12% on August 11, 2025, with a trading volume of $0.23 billion, ranking 449th in daily activity. Institutional ownership remains a key factor, as MizuhoMFG-- Markets Americas LLC holds 12% of its portfolio in CSGPCSGP-- through a $586.4 million stake. Vanguard Group and Canada Pension Plan Investment Board also increased holdings by 4.1% and 2,181.8%, respectively, reflecting sustained institutional confidence in the real estate data provider.

Analysts have raised price targets, with JPMorganJPM-- setting a $101.00 target, while Royal Bank of CanadaRY-- and CitigroupC-- lifted theirs to $91.00 and $100.00, respectively. The stock carries an average "Moderate Buy" rating and a $93.25 consensus price target. Despite positive sentiment, insider activity saw Frederick G. Saint and CAO Cynthia Cann sell shares, each reducing their positions by approximately 7.26% and 7.31%, respectively, in late July transactions.

CoStar’s recent quarterly earnings beat estimates, reporting $0.17 EPS against a $0.14 consensus and $781.3 million in revenue, a 15.2% year-over-year increase. The stock trades at a P/E ratio of 378.00 and a market cap of $40.03 billion, with 96.6% ownership concentrated among institutional investors.

A backtest of a strategy purchasing the top 500 stocks by daily trading volume and holding for one day returned 166.71% from 2022 to the present, outperforming the benchmark by 137.53%. This underscores liquidity-driven momentum strategies’ efficacy in volatile markets, particularly for high-volume equities like CSGP.

Comentarios



Add a public comment...
Sin comentarios

Aún no hay comentarios