Narwhal Capital Management Trims Stock Position in CoStar Group, Inc. $CSGP

Narwhal Capital Management lessened its stake in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 58.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 33,113 shares of the technology company’s stock after selling 47,308 shares during the period. Narwhal Capital Management’s holdings in CoStar Group were worth $2,794,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Rossby Financial LCC increased its position in CoStar Group by 315.9% during the 2nd quarter. Rossby Financial LCC now owns 341 shares of the technology company’s stock valued at $27,000 after purchasing an additional 259 shares during the period. Bayforest Capital Ltd bought a new position in shares of CoStar Group during the first quarter valued at approximately $29,000. NewSquare Capital LLC boosted its stake in shares of CoStar Group by 35.6% during the second quarter. NewSquare Capital LLC now owns 411 shares of the technology company’s stock valued at $33,000 after purchasing an additional 108 shares in the last quarter. SJS Investment Consulting Inc. increased its holdings in CoStar Group by 3,046.2% during the third quarter. SJS Investment Consulting Inc. now owns 409 shares of the technology company’s stock valued at $35,000 after buying an additional 396 shares during the period. Finally, Elevation Point Wealth Partners LLC purchased a new position in CoStar Group during the second quarter valued at approximately $36,000. Hedge funds and other institutional investors own 96.60% of the company’s stock.

Analysts Set New Price Targets

CSGP has been the subject of a number of analyst reports. BMO Capital Markets decreased their price objective on CoStar Group from $77.00 to $72.00 and set a “market perform” rating for the company in a research note on Thursday. Wells Fargo & Company reiterated an “underweight” rating and issued a $55.00 target price (down from $60.00) on shares of CoStar Group in a report on Thursday. Weiss Ratings reissued a “sell (d)” rating on shares of CoStar Group in a research report on Monday, December 29th. Raymond James Financial set a $74.00 price target on CoStar Group in a research note on Wednesday. Finally, Jefferies Financial Group upgraded CoStar Group to a “hold” rating in a research note on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $86.38.

Trending Headlines about CoStar Group

Here are the key news stories impacting CoStar Group this week:

• Positive Sentiment: Board approved a $1.5 billion share buyback (up to ~5.3% of shares); buybacks can support the stock and signal management sees shares as undervalued. CoStar Group (NASDAQ:CSGP) to Buyback $1.50 billion in Outstanding Shares
• Positive Sentiment: Company set FY26 guidance implying roughly 18% year‑over‑year revenue growth — a growth outlook that supports long‑term valuation if execution continues. CoStar sees ~18% Y/Y growth in FY26 revenue
• Positive Sentiment: CoStar market data shows U.S. office leasing activity rose ~5% in 2025 (Boston strongest); improving leasing fundamentals help demand for CoStar’s data and subscription services. CoStar data shows office leasing activity rose 5% in 2025
• Positive Sentiment: Apartments.com reported a modest rebound in U.S. apartment rent growth in December — a positive signal for CoStar’s rentals/marketplace segment revenue. Apartments.com Releases Multifamily Rent Growth Report for December 2025
• Neutral Sentiment: Analyst survey / deep dive summarizes seven recent ratings — several firms remain positive but many trimmed price targets, showing mixed sentiment among sell‑side analysts. Deep Dive Into CoStar Group Stock: Analyst Perspectives (7 Ratings)
• Neutral Sentiment: Market commentary is asking whether the $1.5B buyback reshapes CoStar’s growth story versus returning cash — importance depends on execution and whether buybacks materially lift EPS. Is CoStar (CSGP) Using Its New $1.5 Billion Buyback To Redefine Its Growth Story?
• Negative Sentiment: Multiple analysts cut price targets recently (BMO lowered to $72; Goldman, Needham, Citizens Jmp also trimmed targets), which can pressure the stock as sell‑side comps and short‑term sentiment weaken. CoStar Group price target lowered to $72 from $77 at BMO Capital

CoStar Group Trading Down 4.7%

Shares of CoStar Group stock opened at $58.49 on Friday. CoStar Group, Inc. has a twelve month low of $58.41 and a twelve month high of $97.43. The firm’s 50-day moving average price is $66.92 and its 200 day moving average price is $78.81. The company has a current ratio of 3.12, a quick ratio of 3.12 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $24.79 billion, a PE ratio of 1,169.80, a P/E/G ratio of 1.35 and a beta of 0.84.

CoStar Group (NASDAQ:CSGP) last announced its quarterly earnings data on Tuesday, October 28th. The technology company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. CoStar Group had a return on equity of 2.45% and a net margin of 0.66%.The company had revenue of $833.60 million for the quarter, compared to analyst estimates of $823.62 million. During the same quarter last year, the firm posted $0.22 EPS. The firm’s revenue for the quarter was up 20.4% on a year-over-year basis. CoStar Group has set its Q4 2025 guidance at 0.260-0.280 EPS and its FY 2025 guidance at 0.820-0.840 EPS. On average, sell-side analysts predict that CoStar Group, Inc. will post 0.94 EPS for the current fiscal year.

CoStar Group announced that its board has initiated a share repurchase plan on Wednesday, January 7th that authorizes the company to repurchase $1.50 billion in shares. This repurchase authorization authorizes the technology company to purchase up to 5.3% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.

CoStar Group Profile

CoStar Group, Inc is a provider of information, analytics and online marketplaces for the commercial real estate industry. The company gathers property-level data, builds market analytics and supplies research tools used by brokers, owners, lenders, investors and other real estate professionals to evaluate markets, track inventory and manage listings. CoStar’s offerings are delivered primarily through subscription-based platforms that combine proprietary databases, mapping and workflow applications to support decision-making across the property life cycle.

In addition to its core CoStar research service, the company operates prominent online listing and marketing platforms that connect buyers, sellers, tenants and brokers.