Equitable Trust Co. cut its position in shares of CoStar Group, Inc. (NASDAQ:CSGP – Free Report) by 14.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 93,581 shares of the technology company’s stock after selling 15,447 shares during the period. Equitable Trust Co.’s holdings in CoStar Group were worth $6,292,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in CSGP. Quent Capital LLC acquired a new stake in CoStar Group during the third quarter worth about $26,000. Manning & Napier Advisors LLC acquired a new stake in CoStar Group during the third quarter worth about $28,000. Westside Investment Management Inc. increased its stake in 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 acquiring an additional 180 shares during the last quarter. Root Financial Partners LLC acquired a new stake in CoStar Group during the third quarter worth about $31,000. Finally, Rossby Financial LCC increased its stake in CoStar Group by 47.5% during the third quarter. Rossby Financial LCC now owns 503 shares of the technology company’s stock worth $42,000 after acquiring an additional 162 shares during the last quarter. 96.60% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities research analysts have commented on CSGP shares. Robert W. Baird dropped their price target on CoStar Group from $73.00 to $56.00 and set an “outperform” rating for the company in a research note on Monday, April 13th. Keefe, Bruyette & Woods lowered their target price on CoStar Group from $57.00 to $50.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. Zacks Research upgraded CoStar Group from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. BTIG Research reiterated a “buy” rating and issued a $55.00 target price on shares of CoStar Group in a research note on Wednesday, April 29th. Finally, The Goldman Sachs Group lowered their target price on CoStar Group from $63.00 to $54.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Twelve research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $58.12.
Insider Transactions at CoStar Group
In other CoStar Group news, CEO Andrew C. Florance purchased 71,430 shares of CoStar Group stock in a transaction that occurred on Friday, May 1st. The stock was purchased at an average price of $35.20 per share, with a total value of $2,514,336.00. Following the completion of the acquisition, the chief executive officer owned 1,722,865 shares of the company’s stock, valued at approximately $60,644,848. This trade represents a 4.33% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Louise S. Sams purchased 1,000 shares of CoStar Group stock in a transaction that occurred on Friday, March 6th. The stock was acquired at an average cost of $48.36 per share, with a total value of $48,360.00. Following the acquisition, the director directly owned 20,409 shares of the company’s stock, valued at $986,979.24. The trade was a 5.15% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 1.09% of the company’s stock.
CoStar Group Price Performance
CSGP stock opened at $34.90 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.20 and a current ratio of 2.20. CoStar Group, Inc. has a 1 year low of $33.31 and a 1 year high of $97.43. The firm has a market cap of $14.25 billion, a P/E ratio of 581.76, a price-to-earnings-growth ratio of 0.91 and a beta of 0.75. The stock has a 50-day simple moving average of $41.48 and a 200-day simple moving average of $56.50.
CoStar Group (NASDAQ:CSGP – Get Free Report) last posted its earnings results on Tuesday, April 28th. The technology company reported $0.23 earnings per share (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 business had revenue of $897.00 million during the quarter, compared to analyst estimates of $896.73 million. During the same quarter last year, the firm earned ($0.04) earnings per share. The company’s revenue for the quarter 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. On average, equities analysts predict that CoStar Group, Inc. will post 1.03 earnings per share for the current fiscal year.
CoStar Group declared that its Board of Directors has approved a share repurchase plan on Wednesday, January 7th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the technology company to reacquire up to 5.3% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its stock is undervalued.
CoStar Group News Summary
Here are the key news stories impacting CoStar Group this week:
- Positive Sentiment: CEO insider buy — CEO Andrew Florance purchased 71,430 shares (~$2.51M) at about $35.20, increasing his stake and signaling management confidence; insider buys often provide short‑term technical support and can attract value buyers. Read More.
- Positive Sentiment: Earnings beat and guidance — CoStar reported April quarter EPS of $0.23 vs. $0.18 consensus and issued Q2/FY2026 EPS guidance (Q2: $0.270–0.300; FY: $1.320–1.390), supporting expectations for continued revenue growth and helping fundamentals underpin the stock. Read More.
- Positive Sentiment: Positive growth score / analyst tilt — Research outlets (Zacks and aggregated analyst data) highlight CoStar as a growth story and the consensus rating remains “Moderate Buy,” which helps sustain institutional interest even as targets vary. Read More.
- Neutral Sentiment: Sector backdrop steady — CoStar’s U.S. retail forecast is described as “balanced through 2026,” implying stable demand for its subscription/data services but not an industry tailwind that would drive a re-rating. Read More.
- Negative Sentiment: Price‑target cut by Stephens — Stephens trimmed its target from $50 to $42 (still Overweight); lower targets reduce upside expectations and can cap buying interest, contributing to the down‑day despite other positives. Read More.
CoStar Group Company 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.
See Also
Want to see what other hedge funds are holding CSGP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CoStar Group, Inc. (NASDAQ:CSGP – Free Report).
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