Aggressive capital deployment into its Homes.com platform pressured CoStar Group (CSGP) in the fourth quarter
Conestoga Capital Advisors, an asset management firm, released its Q4 2025 investor letter. A copy of the letter can be downloaded here. In Q4 2025, Conestoga Capital Advisors’ Mid Cap strategy returned -5.75% net of fees, compared to the -3.70% return for the Russell Midcap Growth Index. The underperformance was due to negative stock selection…