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As Pcm (PCMI) Valuation Declined, Shareholder Perritt Capital Management Has Upped Its Position; Columbus Circle Investors Stake in Costar Group (CSGP) Upped by $13.77 Million

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Perritt Capital Management Inc increased its stake in Pcm Inc (PCMI) by 17.43% based on its latest 2017Q4 regulatory filing with the SEC. Perritt Capital Management Inc bought 39,916 shares as the company’s stock declined 14.29% with the market. The institutional investor held 268,883 shares of the consumer services company at the end of 2017Q4, valued at $2.66 million, up from 228,967 at the end of the previous reported quarter. Perritt Capital Management Inc who had been investing in Pcm Inc for a number of months, seems to be bullish on the $116.74 million market cap company. The stock increased 2.59% or $0.25 during the last trading session, reaching $9.9. About 9,470 shares traded. PCM, Inc. (NASDAQ:PCMI) has declined 70.06% since April 17, 2017 and is downtrending. It has underperformed by 81.61% the S&P500.

Donald Chiboucis increased its stake in Costar Group Inc (CSGP) by 103.62% based on its latest 2017Q4 regulatory filing with the SEC. Columbus Circle Investors bought 46,512 shares as the company’s stock rose 20.08% while stock markets declined. The hedge fund run by Donald Chiboucis held 91,399 shares of the miscellaneous company at the end of 2017Q4, valued at $27.14M, up from 44,887 at the end of the previous reported quarter. Columbus Circle Investors who had been investing in Costar Group Inc for a number of months, seems to be bullish on the $13.44 billion market cap company. The stock increased 1.33% or $4.88 during the last trading session, reaching $372.35. About 7,989 shares traded. CoStar Group, Inc. (NASDAQ:CSGP) has risen 72.55% since April 17, 2017 and is uptrending. It has outperformed by 61.00% the S&P500.

Since February 27, 2018, it had 0 buys, and 6 sales for $36.80 million activity. Shares for $27.79 million were sold by FLORANCE ANDREW C on Tuesday, February 27. Another trade for 3,000 shares valued at $1.08M was sold by KLEIN MICHAEL R. Shares for $4.31 million were sold by CARCHEDI FRANCIS on Wednesday, March 7. Hill John W also sold $415,472 worth of CoStar Group, Inc. (NASDAQ:CSGP) on Thursday, March 29. Shares for $2.76 million were sold by Linnington Matthew.

Investors sentiment decreased to 1.24 in Q4 2017. Its down 0.18, from 1.42 in 2017Q3. It turned negative, as 37 investors sold CSGP shares while 92 reduced holdings. 50 funds opened positions while 110 raised stakes. 33.36 million shares or 0.58% less from 33.56 million shares in 2017Q3 were reported. Par Mgmt Incorporated owns 0.38% invested in CoStar Group, Inc. (NASDAQ:CSGP) for 115,000 shares. Barbara Oil reported 3,200 shares. Gulf Int Financial Bank (Uk) Limited invested 0.04% in CoStar Group, Inc. (NASDAQ:CSGP). Richard Bernstein Advsrs Limited Co owns 1,357 shares. Livforsakringsbolaget Skandia Omsesidigt accumulated 500 shares. Sandhill Capital Prns has invested 1.75% in CoStar Group, Inc. (NASDAQ:CSGP). Capstone Investment Advsr Ltd Liability Corporation reported 0.01% in CoStar Group, Inc. (NASDAQ:CSGP). Lenox Wealth Advsrs has invested 0.03% of its portfolio in CoStar Group, Inc. (NASDAQ:CSGP). Alabama-based Andra Ap has invested 0.06% in CoStar Group, Inc. (NASDAQ:CSGP). Winslow Cap Mgmt Ltd accumulated 665,827 shares. First Mercantile Tru Com has invested 0.05% of its portfolio in CoStar Group, Inc. (NASDAQ:CSGP). Kbc Grp Nv holds 3,904 shares or 0.01% of its portfolio. 106,906 are held by Sumitomo Mitsui Tru Holding Inc. Moreover, Schwab Charles Invest has 0.03% invested in CoStar Group, Inc. (NASDAQ:CSGP) for 120,892 shares. Umb Savings Bank N A Mo stated it has 4,444 shares or 0.04% of all its holdings.

Among 11 analysts covering CoStar Group (NASDAQ:CSGP), 10 have Buy rating, 1 Sell and 0 Hold. Therefore 91% are positive. CoStar Group had 19 analyst reports since August 12, 2015 according to SRatingsIntel. As per Friday, October 20, the company rating was maintained by SunTrust. The stock of CoStar Group, Inc. (NASDAQ:CSGP) has “Hold” rating given on Wednesday, August 12 by Zacks. Stephens maintained it with “Buy” rating and $395.0 target in Wednesday, January 24 report. The stock of CoStar Group, Inc. (NASDAQ:CSGP) has “Buy” rating given on Monday, August 22 by Needham. As per Thursday, January 18, the company rating was maintained by Wells Fargo. The stock of CoStar Group, Inc. (NASDAQ:CSGP) has “Buy” rating given on Tuesday, December 20 by Citigroup. The rating was maintained by Bank of America with “Buy” on Thursday, October 5. The stock of CoStar Group, Inc. (NASDAQ:CSGP) earned “Sell” rating by J.P. Morgan on Tuesday, December 12. The firm has “Buy” rating given on Thursday, October 26 by Needham. The firm has “Buy” rating given on Thursday, October 26 by SunTrust.

Columbus Circle Investors, which manages about $17.54B and $5.27 billion US Long portfolio, decreased its stake in Microsoft Corp (NASDAQ:MSFT) by 111,426 shares to 1.06 million shares, valued at $90.36M in 2017Q4, according to the filing. It also reduced its holding in United Parcel Service Inc (NYSE:UPS) by 12,300 shares in the quarter, leaving it with 28,459 shares, and cut its stake in Mohawk Inds Inc (NYSE:MHK).

Perritt Capital Management Inc, which manages about $709.62M and $358.92M US Long portfolio, decreased its stake in Esquire Finl Hldgs Inc by 25,000 shares to 50,000 shares, valued at $987,000 in 2017Q4, according to the filing. It also reduced its holding in Ultra Clean Hldgs Inc (NASDAQ:UCTT) by 33,459 shares in the quarter, leaving it with 32,391 shares, and cut its stake in Spdr S&P 500 Etf (SPY).

Among 4 analysts covering PCM Inc (NASDAQ:PCMI), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. PCM Inc had 9 analyst reports since July 21, 2016 according to SRatingsIntel. As per Thursday, March 8, the company rating was maintained by Roth Capital. TH Capital upgraded the shares of PCMI in report on Thursday, October 27 to “Buy” rating. B. Riley & Co maintained the shares of PCMI in report on Tuesday, November 7 with “Buy” rating. On Thursday, October 27 the stock rating was upgraded by Roth Capital to “Buy”. On Thursday, August 25 the stock rating was downgraded by Roth Capital to “Neutral”. Roth Capital initiated PCM, Inc. (NASDAQ:PCMI) on Thursday, July 21 with “Buy” rating. The firm has “Neutral” rating given on Thursday, August 25 by TH Capital.

CoStar Group, Inc. (NASDAQ:CSGP) Institutional Positions Chart

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