CoStar stock is trading -20.9% below its average target price of $90.08 after dropping -5.1% during today's afternoon session. Analysts are giving the Large-Cap Business Services company an average rating of buy and target prices ranging from $75.0 to $103.0 per share.
CoStar's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.5%. The stock's short ratio is 3.67. The company's insiders own 1.16% 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 101.5%. In conclusion, we believe there is positive market sentiment regarding CoStar.
Institutions Invested in CoStar
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Vanguard Group Inc | 16% | 65,754,320 | $4,684,995,300 |
| 2024-09-30 | Blackrock Inc. | 9% | 38,885,893 | $2,770,619,876 |
| 2024-09-30 | Principal Financial Group, Inc. | 5% | 19,387,519 | $1,381,360,728 |
| 2024-09-30 | BAMCO Inc. | 5% | 18,785,436 | $1,338,462,315 |
| 2024-09-30 | State Street Corporation | 4% | 17,059,744 | $1,215,506,760 |
| 2024-06-30 | Janus Henderson Group PLC | 3% | 12,114,530 | $863,160,262 |
| 2024-09-30 | Massachusetts Financial Services Co. | 3% | 11,380,192 | $810,838,680 |
| 2024-09-30 | Geode Capital Management, LLC | 3% | 11,308,986 | $805,765,252 |
| 2024-09-30 | Capital International Investors | 2% | 9,687,096 | $690,205,590 |
| 2024-09-30 | Akre Capital Management, LLC | 2% | 8,934,093 | $636,554,126 |
