Shares of CoStar Group (NASDAQ:CSGP) Sees Large Outflow of Money

CoStar Group (NASDAQ:CSGP) surged 0.23% during the last session. The last traded price was up 0.49 points at $210.58. The data for the fund flow suggests that the net intraday money flow was $(-14.33) million. The fund value in upticks was recorded to be $3.58 million and in downticks, it was found to be $17.91 million. The up/down ratio for the day was measured to be 0.2. For the week, the shares have seen a percentage change of 1.94%.A block trade of $(-14.78) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $0 million and that of downticks was $14.78 million. The block tradeoff had the up/down ratio of 0.


The stock has recorded a 20-day Moving Average of 0.9% and the 50-Day Moving Average is 6.31%. The company shares have rallied 2.08% in the past 52 Weeks. On July 21, 2015 The shares registered one year high of $223.49 and one year low was seen on February 9, 2016 at $146.53. The 50-day moving average is $203.33 and the 200 day moving average is recorded at $188.84. S&P 500 has rallied 1.93% during the last 52-weeks.

CoStar Group (NASDAQ:CSGP): The stock opened at $210.38 on Tuesday but the bulls could not build on the opening and the stock topped out at $212.00 for the day. The stock traded down to $208.63 during the day, due to lack of any buying support eventually closed down at $209.84 with a loss of -0.12% for the day. The stock had closed at $210.09 on the previous day. The total traded volume was 164,822 shares.

Currently the company Insiders own 2.98% of CoStar Group shares according to the proxy statements. On the companys insider trading activities, Carchedi Francis, officer (Executive VP, Operations) of Costar Group Inc, unloaded 3,414 shares at an average price of $201.65 on November 13, 2015. The total amount of the transaction was worth $688,433, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

CoStar Group, Inc. (CoStar) is a provider of information, analytics and online marketplaces to the commercial real estate industry. The Company has five flagship brands: CoStar, LoopNet,, BizBuySell and LandsofAmerica. The Company has operations in the United States, Canada, the United Kingdom and France. The Company delivers its commercial real estate content to the United States customers primarily through an integrated suite of online service offerings that includes information about space available for lease, comparable sales information, information about properties for sale, tenant information, Internet marketing services, analytical capabilities, information for clients Websites, information about industry professionals and their business relationships, data integration and industry news. It also operates complementary online marketplaces for commercial real estate listings and apartment rentals.

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