| 2024-04-25 | -1.75 % |
- The article discusses Halper Sadeh LLC's investigation into various companies, including Matterport, Inc., which is being acquired by CoStar Group, Inc. for $5.50 per share, potentially leading to increased consideration for shareholders and other benefits. The -1.75% decrease in CoStar Group (CSGP) stock may be attributed to investors reacting to this news or other market factors.
- The article reports that several analysts have rated Costar Group (CSGP) stock with positive recommendations and price targets, but despite positive outlook, the stock was -1.75% down last night. The reason for the stock going down is not explicitly mentioned in the article.
- The article discusses Lindbrook Capital LLC's increased holdings in CoStar Group, Inc. (NASDAQ:CSGP), as well as actions by other institutional investors, research firm ratings, the company's recent financial performance, and provided information about the company's services. The CoStar Group (CSGP) stock went down by -1.75% as reported last night due to various factors including investor actions, market sentiment, and overall financial performance reflected in quarterly earnings results.
- The article discusses the performance of the Baron Real Estate Fund in the first quarter of 2024, highlighting CoStar Group, Inc. (NASDAQ:CSGP) as one of its top holdings and emphasizing the potential growth of real estate technology. CoStar Group (CSGP) stock went down by -1.75% possibly due to the overall market conditions or specific company-related factors.
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| 2024-04-24 | +8.66 % |
- The Costar Group (CSGP) stock increased by 8.66% last night, and the article discusses the investigation into the proposed sale of Matterport, Inc. to CoStar Group, Inc., raising questions about whether the transaction undervalues the company. The stock went up possibly due to this acquisition news generating investor interest and optimism about the potential combined entities' future growth prospects.
- The article discusses CoStar Group's (CSGP) strong first quarter performance in 2024, including a 12% increase in revenue to $656 million, driven by successful launches like the Homes.com membership product and the acquisition of Matterport, a leader in 3D digital twin technology, resulting in a 8.66% increase in their stock price, with continued positive outlook due to the company's expansion and innovation in the real estate advertising space. CoStar Group's stock went up because of the company's strong financial performance and strategic acquisitions that are poised to further drive growth and market share in the real estate industry.
- CoStar Group, Inc. (NASDAQ: CSGP) stock was up by 8.66% based on the positive performance detailed in the article, which highlighted the company's first quarter earnings call, where CoStar reported missing on earnings expectations with an EPS of $0.01645 versus expected $0.06, but surpassed revenue expectations with a 12% increase over the previous year, reaching $656 million. The stock went up as the company revealed strong revenue growth driven by achievements such as surpassing $1 billion revenue mark in both Apartments.com and CoStar, a high level of net new bookings driven by the launch of Homes.com membership product, record-breaking website traffic, and a definitive agreement to acquire Matterport, a leader in 3D digital twins technology for real estate, which is seen as a strategic move to enhance CoStar's offerings and market competitiveness in the real estate industry.
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| 2024-04-23 | -0.81 % |
- The article discusses various investigations by Brodsky & Smith LLC on companies such as AGBA Group Holding Limited, Matterport Inc., and Hibbett, with regards to mergers and acquisitions. Costar Group (CSGP) stock declined by -0.81% on the last night, potentially due to uncertainties or concerns surrounding the acquisition of Matterport for an equity value of approximately $2.1 billion, leading investors to analyze if CoStar Group is paying fair value to the shareholders of Matterport.
- Summary: The article provides updates on various stocks and market news for April 23, 2024, mentioning movements in the stock market, specific companies like Costar Group (CSGP) experiencing a decrease in stock value, and updates on different businesses, including approvals, financial results, and new deals. The stock market saw minor fluctuations and movements in key indices during the trading day.
Reason for Costar Group (CSGP) stock decline: The article does not directly mention why the Costar Group (CSGP) stock went down, as it covers a multitude of companies and market updates, but stock fluctuations can be influenced by various factors, including company earnings reports, market sentiment, economic indicators, and broader market trends. It would require specific information about Costar Group itself to determine the exact reason for the decline in its stock price.
- Halper Sadeh LLC is investigating various companies for potential violations, including the sale of Matterport, Inc. to CoStar Group, Inc.; however, Costar Group (CSGP) stock went down -0.81% last night for reasons not directly addressed in the article.
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| 2024-04-22 | +1.25 % |
- Summary: CoStar Group (CSGP) stock increased by 1.25% due to its acquisition of Matterport, a prominent 3D scanning company known for creating digital replicas of properties, for $5.50 per share, reflecting a value of $1.6 billion, with potential plans to integrate Matterport's capabilities into CoStar's residential portal, Homes.com.
Reason for the stock increase: CoStar Group's acquisition of Matterport and their strategic move to combine forces in the real estate industry.
- CoStar Group (NASDAQ: CSGP) stock went up by 1.25% as it announced an agreement to acquire virtual tour software firm Matterport (NASDAQ: MTTR) in a cash and stock transaction valued at $1.6 billion, with CoStar offering $5.50 per share, as both companies aim to revolutionize property marketing and management through innovative digitization technologies and spatial AI applications.
- The article discusses Ademi LLP's investigation into Matterport Inc. for possible breaches in its transaction with CoStar Group, where Matterport stockholders will receive $5.50 per share, leading to a 1.25% increase in CoStar Group's stock price, possibly due to the acquisition deal and potential benefits to Matterport insiders.
- The article discusses the rise in CoStar Group Inc. (CSGP) stock by 1.25% following the announcement that the company has agreed to acquire Matterport, a provider of 3D "digital twins" of real estate properties, for $1.6 billion. The stock likely went up due to the positive market response to this strategic acquisition.
- The S&P 500 rallied on tech strength as investors looked ahead to quarterly earnings from big tech companies, contributing to CoStar Group (CSGP) stock rising by 1.25%, with a broader market rebound in the tech sector following recent routs and a surge in cryptocurrency-related stocks, as well as CoStar Group's agreed acquisition of Matterport Inc, driving the company's stock price up.
- The article discusses Halper Sadeh LLC's investigation into the sale of Matterport, Inc. to CoStar Group, Inc., raising concerns about the fairness of the deal for Matterport shareholders and potential violations of securities laws by Matterport's board. The stock for CoStar Group (CSGP) went up by 1.25% last night due to market movements and other factors impacting the company's valuation.
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| 2024-04-19 | +0.1 % |
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| 2024-04-18 | -1.5 % |
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| 2024-04-17 | -0.96 % |
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| 2024-04-11 | +2.36 % |
- The article discusses Nisa Investment Advisors LLC's reduction in holdings of CoStar Group, Inc. (NASDAQ:CSGP) and other hedge funds that have added or reduced stakes in CSGP, while providing an overview of various brokerage ratings and the company's recent financial performance including an increase in earnings. One possible reason for the increase in CSGP stock price is the positive outlook and buy ratings given by analysts and the company's strong financial performance.
- The article discusses a comparison between real estate companies Hulic and CoStar Group, indicating that analysts believe CoStar Group (NASDAQ: CSGP) is more favorable due to its higher revenue, earnings, and institutional ownership, with a consensus target price suggesting a potential upside of 10.92%, which is likely causing the stock to go up.
- The article discusses how HBK Sorce Advisory LLC increased its stake in CoStar Group, Inc. (CSGP) by 6.7% in the fourth quarter, along with other institutional investors buying shares of CSGP, leading to a 2.36% increase in the stock's value, possibly due to positive quarterly earnings results and analysts giving the stock favorable ratings.
- Jerome Dodson has made significant changes to his investment portfolio in the first quarter of 2024, including adding new stocks like PTC Inc and increasing stakes in companies like Teradyne Inc and Block Inc, while also exiting holdings such as Ansys Inc and Synopsys Inc. Costar Group (CSGP) stock went up last night by 2.36%, possibly due to increased investor interest following Jerome Dodson's investment decisions and positive market sentiment towards mid-cap companies with strong growth potential and ethical business practices.
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| 2024-04-08 | -0.56 % |
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| 2024-04-04 | -1.67 % |
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| 2024-04-03 | +0.21 % |
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| 2024-04-01 | -2.15 % |
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| 2024-03-27 | +1.09 % |
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| 2024-03-25 | +0.1 % |
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| 2024-03-22 | -2.06 % |
- The article provides an overview of CoStar Group, Inc. (CSGP) stock, which received a "Moderate Buy" rating from analysts with a target price of $98.30, but the stock was down by -2.06% the previous night. The stock price decrease could be due to various factors such as market trends, investor sentiments, macroeconomic conditions, or specific company-related news that may have impacted the stock negatively.
- The article discusses how CoStar Group (CSGP) had its target price raised by analysts at The Goldman Sachs Group, which indicates a potential upside of 9.49% from the stock's current price, and provides insights from other research reports, ultimately leading to a "buy" rating on the company's stock. However, CSGP stock went down by -2.06% last night possibly due to market fluctuations, investor sentiment, or external factors affecting the whole market.
- The article discusses Gulf International Bank UK Ltd reducing its holdings in CoStar Group, Inc. (CSGP) by 9.6% in the 4th quarter along with other hedge funds and institutional investors buying and selling shares, leading to a decrease in the stock price by -2.06%. The reduction in holdings by significant investors is a key contributing factor to the decline in CoStar Group's stock value.
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| 2024-03-21 | +1.47 % |
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| 2024-03-19 | -2.13 % |
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| 2024-03-18 | +1.02 % |
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| 2024-03-15 | +8.32 % |
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| 2024-03-14 | +0.07 % |
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| 2024-03-12 | +0.37 % |
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| 2024-03-05 | -1.4 % |
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| 2024-03-01 | +1.42 % |
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| 2024-02-29 | +0.79 % |
- The article discusses how Connor Clark & Lunn Investment Management Ltd. recently purchased a stake in CoStar Group, Inc. (CSGP), leading to a 0.79% increase in the stock. The stock went up due to increased investment interest by institutional investors like hedge funds, such as Keybank National Association OH and HBK Sorce Advisory LLC, who purchased additional shares in the company, signaling positive sentiment and potential growth prospects.
- The article discusses the comparison between computer and technology companies CoStar Group (CSGP) and Conduent (CNDT) based on factors such as institutional ownership, profitability, analyst recommendations, dividends, valuation, earnings, and risk, with CoStar Group being favored over Conduent due to strong institutional ownership and higher probable upside. The stock of CoStar Group went up by 0.79% last night likely due to analysts' belief in its favorable outlook, higher earnings, and lower volatility compared to Conduent.
- The article discusses Covestor Ltd trimming its position in CoStar Group, Inc. (NASDAQ:CSGP) by 29.3% during the third quarter and various other institutional investors and hedge funds making moves with their stakes in the company, with 96.53% of the stock currently owned by such entities. The stock of CoStar Group went up by 0.79% last night, and it has been receiving mixed ratings from analysts, with a consensus target price of $91.80, citing several reports predicting the stock's performance will improve. The stock's recent earnings report showed promising financial results and growth, likely contributing to the positive movement in its stock price.
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| 2024-02-27 | +1.08 % |
- The article discusses CoStar Group, Inc.'s (CSGP) recent stock performance, which was up by 1.08% last night, and mentions that costar group stock went up due to stock analysts at William Blair lowering their Q1 2024 earnings estimates, causing a positive change in investor sentiment.
- The article discusses Healthcare of Ontario Pension Plan Trust Fund acquiring a new stake in CoStar Group, Inc. (NASDAQ:CSGP), leading to a 1.08% increase in the stock price. The stock went up due to increased interest and investments from various institutional investors, as well as positive quarterly earnings results.
- The article discusses how Stifel Financial Corp increased its holdings in CoStar Group (CSGP) stock, leading to a 1.08% increase in the stock price last night; the stock went up due to various institutional investors and hedge funds purchasing significant positions in CSGP, including Norges Bank, Mackenzie Financial Corp, Capital International Investors, Renaissance Technologies LLC, and Wellington Management Group LLP, alongside positive ratings from equity analysts and strong quarterly earnings results.
- The article discusses a 1.08% increase in CoStar Group (CSGP) stock after Meiji Yasuda Asset Management Co Ltd. increased its holdings, along with other institutional investors, ultimately attributing the rise to positive changes in ownership and stock transactions by various hedge funds and investors.
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| 2024-02-26 | -0.96 % |
- The article provides an overview of CoStar Group, Inc. (NASDAQ: CSGP) stock, which recently received a "Moderate Buy" consensus recommendation from analysts, with a 12-month price objective of $91.80. The stock price of CoStar Group went down by -0.96% on the latest trading day due to various factors, including analysts cutting target prices, decrease in revenue compared to expectations, and insider selling activities.
- The article compares CoStar Group (CSGP) and DynTek (DYNE) in terms of profitability, dividends, earnings, risk, valuation, analyst recommendations, and institutional ownership, indicating that institutional investors have high ownership of CSGP shares; however, CSGP stock declined by -0.96% last night due to various factors such as institutional sales, market volatility, and investor sentiment.
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| 2024-02-23 | +2.81 % |
- The article discusses CoStar Group (CSGP) stock, which rose by 2.81% last night, following a price target reduction by JMP Securities, who provided a "market outperform" rating, and positive earnings results where the technology company beat expectations, contributing to the stock's increase.
- The article reports that CoStar Group (CSGP) stock had an increase of 2.81% last night due to an "outperform" rating reiterated by Royal Bank of Canada analysts, who have a $95.00 price objective on the stock, indicating a potential upside of 15.19% from the current price.
- The article discusses V Square Quantitative Management LLC's new investment in CoStar Group, Inc. (CSGP) and various changes made by institutional investors and hedge funds, resulting in a 2.81% increase in CSGP stock. The stock likely went up due to increased investor interest and positive quarterly earnings results announced by the technology company.
- The article discusses how CoStar Group (CSGP) stock was up by 2.81% last night and includes information about analysts' price targets and ratings on the stock. The stock likely went up due to positive quarterly earnings data reported by the technology company, beating analysts' consensus estimates.
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| 2024-02-20 | -0.2 % |
- Envestnet Portfolio Solutions Inc. acquired a new position in CoStar Group, Inc. (NASDAQ:CSGP) with 47,720 shares, valued at $3,669,000, likely causing the -0.2% drop in the stock, as revealed by the most recent filing with the Securities & Exchange Commission.
- The article provides financial information about CoStar Group, Inc. (NASDAQ: CSGP), stating its revenue for the year ended December 31, 2023, was $2.46 billion, showing an increase of 13% over the previous year. The stock of CoStar Group went down by -0.2% last night probably due to investors reacting to the company's CFO's statement regarding a negative adjusted EBITDA of around $10 million for the first quarter of 2024.
- Prudential PLC decreased its stake in CoStar Group, Inc. (CSGP) by 9.2% recently, leading to the stock being down -0.2%; the stock saw a decline as various hedge funds and institutional investors also adjusted their holdings, and brokerages like JPMorgan Chase & Co. lowered their target price, impacting investor sentiment.
- The Costar Group (CSGP) stock went down 0.2% as the company forecasted full-year 2024 revenue below market expectations due to a slowdown in traffic to its websites reflecting consumer apprehension in the property market amid high borrowing costs, leading to a decrease in big-ticket purchases like property impacting subscriptions on its subsidiary websites.
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| 2024-02-13 | -1.5 % |
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| 2024-02-09 | +1.66 % |
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| 2024-02-08 | -3.95 % |
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| 2024-02-07 | +1.49 % |
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| 2024-02-06 | +2.59 % |
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| 2024-02-05 | -2.6 % |
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| 2024-02-02 | -0.78 % |
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| 2024-02-01 | +1.34 % |
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| 2024-01-30 | -1.22 % |
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| 2024-01-29 | +1.41 % |
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| 2024-01-25 | +1.01 % |
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| 2024-01-24 | -0.12 % |
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| 2024-01-22 | +1.17 % |
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| 2024-01-16 | -1.97 % |
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| 2024-01-11 | -0.73 % |
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| 2024-01-09 | +0.99 % |
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| 2024-01-08 | +1.92 % |
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| 2023-12-29 | -0.7 % |
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| 2023-12-13 | +1.4 % |
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| 2023-12-12 | +1.04 % |
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| 2023-12-08 | -0.23 % |
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| 2023-12-04 | -0.06 % |
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| 2023-11-29 | +0.41 % |
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| 2023-11-24 | +1.11 % |
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| 2023-11-20 | +0.33 % |
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| 2023-11-15 | -0.58 % |
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| 2023-11-13 | -1.41 % |
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| 2023-10-30 | +0.3 % |
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