After this afternoon's 8.2% surge to $95.1 per share, CoStar might just keep moving past its target price of $91.67. With an average analyst rating of buy, and target prices from $79.0 to $105.0, the stock's next move is anyone's guess.
CoStar's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.6%. The stock's short ratio is 2.39. The company's insiders own 1.19% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 100.6%. In conclusion, we believe there is positive market sentiment regarding CoStar.
Institutions Invested in CoStar
Date Reported | Holder | Percentage | Shares | Value |
---|---|---|---|---|
2023-12-31 | Vanguard Group Inc | 16% | 64,909,799 | $6,172,921,785 |
2023-12-31 | Blackrock Inc. | 9% | 36,527,891 | $3,473,802,378 |
2023-12-31 | Principal Financial Group, Inc. | 5% | 19,805,733 | $1,883,525,178 |
2023-12-31 | BAMCO Inc. | 5% | 19,391,283 | $1,844,110,983 |
2023-12-31 | State Street Corporation | 4% | 15,816,290 | $1,504,129,154 |
2023-12-31 | Massachusetts Financial Services Co. | 3% | 11,826,704 | $1,124,719,532 |
2023-12-31 | Geode Capital Management, LLC | 3% | 10,450,445 | $993,837,303 |
2023-12-31 | Janus Henderson Group PLC | 2% | 10,034,463 | $954,277,415 |
2023-12-31 | Baillie Gifford and Company | 2% | 9,524,096 | $905,741,515 |
2023-12-31 | Macquarie Group Limited | 2% | 8,821,063 | $838,883,077 |