CoStar Group Earns "Moderate Buy" Rating from Analysts

Thirteen research firms have collectively rated CoStar Group, Inc. as a "Moderate Buy." Two analysts suggest holding onto the stock, while eleven recommend buying it. The mean target price for the past twelve months stands at $90.75.

CoStar Group's stocks started trading at a price of $81.41 on Monday. Over the past year, the lowest price reached for this stock was $65.12, while the highest was $92.36. The average price over the past fifty days stood at $85.38, while the average over the past 200 days was $77.35. CoStar Group's debt compared to its equity is 0.14, and its quick ratio and current ratio are 12.30 each. The total value of the company in the market is $33.24 billion, and it has a PE ratio of 85.70. The beta for CoStar Group stands at 0.90.

Regarding internal operations, the Chief Financial Officer of CoStar Group, Scott T. Wheeler, recently offloaded a substantial amount of stocks. Specifically, on June 12th, Wheeler unloaded 24,670 shares at an average rate of $80.68. Consequently, the total sum garnered from this transaction amounted to $1,990,375.60. As a result, the CFO's current holdings consist of 346,244 company shares, valued at $27,934,965.92.

CoStar Group has caught the attention of various hedge funds as well. Catalyst Capital Advisors LLC acquired a fresh portion of the company's shares in Q4, while Quarry LP boosted its ownership by 75.5% in Q1. Harel Insurance Investments & Financial Services Ltd. and Castleview Partners LLC also increased their holdings during this timeframe. At present, hedge funds and institutional investors collectively possess 93.86% of the company's stock.

CoStar Group offers a range of services to individuals working in the commercial real estate sector. These services comprise of property listings, data on commercial real estate deals, market insights, and details about tenants.