Northwestern Mutual Wealth Management Co. Has $2.68 Million Stock Holdings in CoStar Group, Inc. $CSGP

Northwestern Mutual Wealth Management Co. cut its stake in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 27.8% during the fourth quarter, Holdings Channel reports. The firm owned 39,867 shares of the technology company’s stock after selling 15,367 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in CoStar Group were worth $2,681,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Lloyd Advisory Services LLC. acquired a new stake in shares of CoStar Group during the fourth quarter worth $29,000. Westside Investment Management Inc. raised its position in shares of CoStar Group by 100.0% during the third quarter. Westside Investment Management Inc. now owns 360 shares of the technology company’s stock worth $30,000 after purchasing an additional 180 shares during the period. IFP Advisors Inc raised its position in CoStar Group by 329.4% during the fourth quarter. IFP Advisors Inc now owns 614 shares of the technology company’s stock valued at $41,000 after buying an additional 471 shares during the period. Rossby Financial LCC raised its position in CoStar Group by 47.5% during the third quarter. Rossby Financial LCC now owns 503 shares of the technology company’s stock valued at $42,000 after buying an additional 162 shares during the period. Finally, Caitong International Asset Management Co. Ltd raised its position in CoStar Group by 25,650.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock valued at $43,000 after buying an additional 513 shares during the period. 96.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. BTIG Research reissued a “buy” rating and set a $55.00 price target on shares of CoStar Group in a research report on Wednesday, April 29th. Benchmark assumed coverage on CoStar Group in a research report on Thursday. They set a “buy” rating and a $45.00 price target on the stock. Keefe, Bruyette & Woods dropped their price target on CoStar Group from $57.00 to $50.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. Weiss Ratings reissued a “sell (d)” rating on shares of CoStar Group in a research report on Friday, March 27th. Finally, William Blair reissued an “outperform” rating on shares of CoStar Group in a research report on Tuesday, March 3rd. Thirteen analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $55.33.

Insider Buying and Selling

In other news, CEO Andrew C. Florance bought 71,430 shares of the stock in a transaction on Friday, May 1st. The shares were purchased at an average price of $35.20 per share, for a total transaction of $2,514,336.00. Following the completion of the purchase, the chief executive officer directly owned 1,722,865 shares of the company’s stock, valued at $60,644,848. This trade represents a 4.33% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.09% of the stock is owned by company insiders.

CoStar Group Stock Performance

Shares of NASDAQ CSGP opened at $33.89 on Friday. The business’s 50-day moving average price is $36.02 and its two-hundred day moving average price is $50.38. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.20 and a quick ratio of 2.20. CoStar Group, Inc. has a one year low of $31.35 and a one year high of $97.43. The company has a market capitalization of $13.84 billion, a P/E ratio of 564.93, a price-to-earnings-growth ratio of 0.87 and a beta of 0.72.

CoStar Group (NASDAQ:CSGP) last issued its earnings results on Tuesday, April 28th. The technology company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.05. CoStar Group had a return on equity of 2.90% and a net margin of 0.74%.The firm had revenue of $897.00 million for the quarter, compared to the consensus estimate of $896.73 million. During the same quarter in the previous year, the company posted ($0.04) earnings per share. The business’s quarterly revenue was up 22.5% compared to the same quarter last year. CoStar Group has set its Q2 2026 guidance at 0.270-0.300 EPS and its FY 2026 guidance at 1.320-1.390 EPS. Analysts anticipate that CoStar Group, Inc. will post 1.03 earnings per share for the current fiscal year.

About CoStar Group

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.