Parnassus Investments, an investment management company, released the “Parnassus Mid Cap Growth Fund” second quarter 2025 investor letter. A copy of the letter can be downloaded here. The Fund (Investor Shares) returned 13.29% (net of fees) in the quarter, compared to the Russell Midcap Growth Index’s 18.20% return. Stock selection in the Industrials and Information Technology sectors negatively impacted the performance, while holdings in the Financials sector contributed. In addition, please check the fund ...

Key Takeaways The Fed's 25 bps rate cut and projections for more create a favorable backdrop for fintech growth.CSGP, PYPL, SOFI, IBKR and HOOD are highlighted as top investment picks.All five companies show strong revenue and earnings growth expectations for the current year.On Sept. 17, the Fed in its FOMC meeting decided on a much-hyped 25-basis-point cut in the benchmark lending rate to reduce it to the range of 4-4.25%. This is the first interest rate cut of this year. Moreover, the Fed’s dot-plot has ...

ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology, announced today it has been named one of GlobeSt.'s Best Places to Work in CRE for 2025. The award recognizes organizations that set the standard in workplace culture, employee engagement, professional development, and long-term career satisfaction. With more than 8,300 employees worldwide, CoStar Group is dedicated to. ...

ARLINGTON, Va. – The U.S. hotel industry reported mostly negative year-over-year comparisons, according to CoStar’s latest data through 13 September. CoStar is a leading global provider of online real estate marketplaces, information and analytics in the property markets.7-13 September 2025 (percentage change from comparable week in 2024):Occupancy: 65.4% (-1.8%)Average daily rate (ADR): US$162.71 (+0.1%)Revenue per available room (RevPAR): US$106.43 (-1.7%)Among the Top 25 Markets, Anaheim registered the s ...

ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics and 3D digital twin technology in the property markets, today announced that Andy Florance, Founder and Chief Executive Officer, was recognized on Virginia Business' Virginia 500 power list, an annual ranking of the most influential leaders across business, government, real estate and other key sectors in the Commonwealth. Under Florance's leadership,. ...

ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology, today announced that Founder and Chief Executive Officer Andy Florance has been named one of Washingtonian Magazine's 2025 Tech Titans. This marks the fourth consecutive year Florance has earned a place on the prestigious list, which recognizes the region's most influential and innovative leaders driving the future of. ...

Arlington, Virginia-based CoStar Group, Inc. (CSGP) operates as an information services provider to the commercial real estate industry. With a market cap of $36.6 billion, the company offers information, analytics, and online marketplace services in the Americas, Europe, and the Indo-Pacific. Companies worth $10 billion or more are generally described as "large-cap stocks." CoStar Group fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, influence ...

Investors interested in stocks from the Computers - IT Services sector have probably already heard of Epam (EPAM) and CoStar Group (CSGP) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight ...

ARLINGTON, Va.--(BUSINESS WIRE)--Homes.com, a CoStar Group leading online residential marketplace, released a new report today analyzing home price trends in August (based on the data collected to date), including price trends across major metros and house types. Preliminary price data show U.S. home price growth remained muted in August, with the national median home price rising just 2.4% year-over-year to $389,000. While this marks an increase of $9,000 from last August, prices remain below. ...

Goldman Sachs reiterated a Buy rating and $105 price target on CoStar Group (NASDAQ:CSGP), highlighting growth potential in the U.S. residential real estate market. The analysts said CoStar saw inefficiencies in current real estate portals, which focused on lead generation rather than property marketing. The company estimated the U.S. residential total addressable market at $3 billion, with potential EBITDA of $1.5 billion—two to three times larger than Apartments.com. Residential bookings had remained stro ...