CoStar Group, Inc. $CSGP Shares Acquired by Capital Research Global Investors

Capital Research Global Investors boosted its position in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 11.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,566,962 shares of the technology company’s stock after purchasing an additional 573,108 shares during the period. Capital Research Global Investors’ holdings in CoStar Group were worth $374,329,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Lloyd Advisory Services LLC. acquired a new stake in CoStar Group during the 4th quarter valued at $29,000. IFP Advisors Inc grew its holdings in CoStar Group by 329.4% during the 4th quarter. IFP Advisors Inc now owns 614 shares of the technology company’s stock valued at $41,000 after purchasing an additional 471 shares in the last quarter. Rossby Financial LCC grew its holdings in CoStar Group by 47.5% during the 3rd quarter. Rossby Financial LCC now owns 503 shares of the technology company’s stock valued at $42,000 after purchasing an additional 162 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in CoStar Group by 25,650.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock valued at $43,000 after purchasing an additional 513 shares in the last quarter. Finally, Zions Bancorporation National Association UT grew its holdings in CoStar Group by 41.8% during the 3rd quarter. Zions Bancorporation National Association UT now owns 563 shares of the technology company’s stock valued at $48,000 after purchasing an additional 166 shares in the last quarter. 96.60% of the stock is owned by institutional investors and hedge funds.

CoStar Group Price Performance

Shares of CSGP stock opened at $33.89 on Monday. The firm has a market cap of $13.84 billion, a P/E ratio of 564.93, a P/E/G ratio of 0.87 and a beta of 0.72. 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 1-year low of $31.35 and a 1-year high of $97.43. The firm has a fifty day moving average of $36.02 and a two-hundred day moving average of $50.26.

CoStar Group (NASDAQ:CSGP) last announced its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.05. The company had revenue of $897.00 million during the quarter, compared to analyst estimates of $896.73 million. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The firm’s revenue for the quarter was up 22.5% compared to the same quarter last year. During the same period last year, the business earned ($0.04) EPS. 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. As a group, research analysts anticipate that CoStar Group, Inc. will post 1.03 earnings per share for the current fiscal year.

Insider Activity

In other CoStar Group news, CEO Andrew C. Florance purchased 71,430 shares of CoStar Group stock in a transaction dated Friday, May 1st. The shares were bought at an average cost of $35.20 per share, for a total transaction of $2,514,336.00. Following the transaction, the chief executive officer owned 1,722,865 shares in the company, valued at $60,644,848. This represents a 4.33% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.09% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on CSGP shares. Citigroup lowered their price target on shares of CoStar Group from $100.00 to $70.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. Keefe, Bruyette & Woods lowered their price target on shares of CoStar Group from $57.00 to $50.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Citizens Jmp lowered their price target on shares of CoStar Group from $73.00 to $44.00 and set a “market outperform” rating for the company in a report on Wednesday, April 29th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CoStar Group in a report on Friday, March 27th. Finally, William Blair reaffirmed an “outperform” rating on shares of CoStar Group in a report on Tuesday, March 3rd. Thirteen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, CoStar Group presently has a consensus rating of “Moderate Buy” and an average target price of $55.33.

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.