Professional
Added to YB: 2024-04-16
Pitch date: 2024-04-04
CSGP [bullish]
CoStar Group, Inc.
-25.76%
current return
Author Info
Andvari Associates manages a concentrated investment strategy designed with the goal of outperforming the market. Sign up for the newsletter.
Company Info
CoStar Group, Inc. provides information, analytics, and online marketplace services in the United States, Canada, Europe, the Asia Pacific, and Latin America.
Market Cap
$28.3B
Pitch Price
$91.90
Price Target
N/A
Dividend
N/A
EV/EBITDA
139.06
P/E
1.4K
EV/Sales
9.00
Sector
Real Estate Management and Development
Category
growth
Andvari Associates Portfolio Holding: CoStar Group, Inc.
CSGP: CoStar's Homes.com surges to #2 homebuying portal with 567% YoY traffic growth after $1B investment. Benefits from $418M NAR settlement reducing buyer agent commissions, as Homes.com caters to seller agents vs Zillow's buyer agent focus. Potential for major market share gains.
Read full article (2 min)