Shaker Investments LLC OH Invests $1.82 Million in CoStar Group, Inc. $CSGP

Shaker Investments LLC OH bought a new stake in CoStar Group, Inc. (NASDAQ:CSGP) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 21,583 shares of the technology company’s stock, valued at approximately $1,821,000.

Other hedge funds have also bought and sold shares of the company. Rossby Financial LCC increased its position in shares of 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 last quarter. Bayforest Capital Ltd bought a new position in CoStar Group during the first quarter valued at about $29,000. GKV Capital Management Co. Inc. purchased a new stake in CoStar Group during the first quarter worth about $31,000. NewSquare Capital LLC raised its position in CoStar Group by 35.6% in the second quarter. NewSquare Capital LLC now owns 411 shares of the technology company’s stock worth $33,000 after acquiring an additional 108 shares during the period. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of CoStar Group during the 2nd quarter valued at approximately $36,000. 96.60% of the stock is currently owned by institutional investors.

CoStar Group Price Performance

CSGP stock opened at $67.01 on Friday. The firm has a 50 day moving average of $68.90 and a 200-day moving average of $79.89. The firm has a market capitalization of $28.40 billion, a P/E ratio of 1,340.20, a price-to-earnings-growth ratio of 3.25 and a beta of 0.84. CoStar Group, Inc. has a 12 month low of $62.00 and a 12 month high of $97.43. The company has a current ratio of 3.12, a quick ratio of 3.12 and a debt-to-equity ratio of 0.12.

CoStar Group (NASDAQ:CSGP) last released its quarterly earnings results on Tuesday, October 28th. The technology company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. CoStar Group had a net margin of 0.66% and a return on equity of 2.45%. The firm had revenue of $833.60 million during the quarter, compared to analyst estimates of $823.62 million. During the same period in the previous year, the business earned $0.22 EPS. The business’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. As a group, sell-side analysts predict that CoStar Group, Inc. will post 0.94 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Wells Fargo & Company set a $60.00 price target on shares of CoStar Group and gave the stock an “underweight” rating in a report on Monday, November 17th. Wolfe Research started coverage on CoStar Group in a research note on Wednesday, September 3rd. They set an “outperform” rating and a $105.00 price target for the company. Citigroup restated a “market outperform” rating on shares of CoStar Group in a research note on Monday, December 15th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $91.00 target price on shares of CoStar Group in a research report on Thursday, October 9th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $105.00 price target on shares of CoStar Group in a research report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $93.38.

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.