Hantz Financial Services Inc. boosted its holdings in shares of CoStar Group, Inc. (NASDAQ:CSGP – Free Report) by 2,114.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 84,313 shares of the technology company’s stock after purchasing an additional 80,505 shares during the quarter. Hantz Financial Services Inc.’s holdings in CoStar Group were worth $6,036,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Forsta AP Fonden increased its holdings in shares of CoStar Group by 1.6% in the 4th quarter. Forsta AP Fonden now owns 83,300 shares of the technology company’s stock valued at $5,963,000 after acquiring an additional 1,300 shares during the last quarter. Foster Victor Wealth Advisors LLC boosted its position in CoStar Group by 12.6% during the 4th quarter. Foster Victor Wealth Advisors LLC now owns 187,869 shares of the technology company’s stock valued at $13,874,000 after purchasing an additional 20,977 shares during the period. Perigon Wealth Management LLC acquired a new position in CoStar Group during the 4th quarter valued at approximately $389,000. Vantage Investment Partners LLC boosted its position in CoStar Group by 21.6% during the 4th quarter. Vantage Investment Partners LLC now owns 614,014 shares of the technology company’s stock valued at $43,957,000 after purchasing an additional 108,998 shares during the period. Finally, Pacer Advisors Inc. boosted its position in CoStar Group by 9.3% during the 4th quarter. Pacer Advisors Inc. now owns 55,337 shares of the technology company’s stock valued at $3,962,000 after purchasing an additional 4,716 shares during the period. 96.60% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at CoStar Group
In other CoStar Group news, insider Michael J. Desmarais sold 5,500 shares of CoStar Group stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $79.88, for a total transaction of $439,340.00. Following the transaction, the insider now directly owns 58,798 shares in the company, valued at approximately $4,696,784.24. The trade was a 8.55 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.57% of the stock is owned by corporate insiders.
CoStar Group Price Performance
Analysts Set New Price Targets
A number of research firms recently issued reports on CSGP. Keefe, Bruyette & Woods reduced their price objective on CoStar Group from $96.00 to $93.00 and set an “outperform” rating for the company in a research report on Tuesday. StockNews.com lowered CoStar Group from a “hold” rating to a “sell” rating in a research report on Wednesday, January 15th. William Blair restated an “outperform” rating on shares of CoStar Group in a research report on Monday, January 6th. BMO Capital Markets decreased their price target on CoStar Group from $78.00 to $75.00 and set a “market perform” rating for the company in a research note on Thursday, October 24th. Finally, Stephens reaffirmed an “overweight” rating and issued a $103.00 price objective on shares of CoStar Group in a report on Wednesday. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $92.33.
Get Our Latest Stock Report on CSGP
CoStar Group Profile
CoStar Group, Inc provides information, analytics, and online marketplace services to the commercial real estate, hospitality, residential, and related professionals industries in the United States, Canada, Europe, the Asia Pacific, and Latin America. The company offers CoStar Property that provides inventory of office, industrial, retail, multifamily, hospitality, and student housing properties and land; CoStar Sales, a robust database of comparable commercial real estate sales transactions; CoStar Market Analytics to view and report on aggregated market and submarket trends; and CoStar Tenant, an online business-to-business prospecting and analytical tool that provides tenant information.
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