Capitolis Liquid Global Markets LLC Purchases New Holdings in CoStar Group, Inc. $CSGP

Capitolis Liquid Global Markets LLC purchased a new stake in shares of CoStar Group, Inc. (NASDAQ:CSGPFree Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 1,184,000 shares of the technology company’s stock, valued at approximately $79,612,000.

A number of other large investors also recently bought and sold shares of CSGP. Integrated Wealth Concepts LLC lifted its position in CoStar Group by 9.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 4,789 shares of the technology company’s stock valued at $379,000 after acquiring an additional 426 shares during the period. NewEdge Advisors LLC increased its stake in CoStar Group by 727.5% during the 1st quarter. NewEdge Advisors LLC now owns 1,473 shares of the technology company’s stock valued at $117,000 after purchasing an additional 1,295 shares in the last quarter. Jones Financial Companies Lllp increased its stake in CoStar Group by 860.7% during the 1st quarter. Jones Financial Companies Lllp now owns 12,691 shares of the technology company’s stock valued at $1,006,000 after purchasing an additional 11,370 shares in the last quarter. Empowered Funds LLC increased its stake in CoStar Group by 9.2% during the 1st quarter. Empowered Funds LLC now owns 7,941 shares of the technology company’s stock valued at $629,000 after purchasing an additional 666 shares in the last quarter. Finally, Woodline Partners LP increased its stake in CoStar Group by 44.6% during the 1st quarter. Woodline Partners LP now owns 35,604 shares of the technology company’s stock valued at $2,821,000 after purchasing an additional 10,984 shares in the last quarter. 96.60% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at CoStar Group

In related news, CEO Andrew C. Florance purchased 71,430 shares of CoStar Group stock in a transaction dated Friday, May 1st. The stock was purchased at an average cost 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. The trade was a 4.33% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 1.18% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on CSGP. Wells Fargo & Company reduced their price objective on shares of CoStar Group from $40.00 to $33.00 and set an “underweight” rating for the company in a research note on Thursday, April 30th. Robert W. Baird reduced their price objective on shares of CoStar Group from $73.00 to $56.00 and set an “outperform” rating for the company in a research note on Monday, April 13th. Needham & Company LLC reduced their price objective on shares of CoStar Group from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. BMO Capital Markets reduced their price objective on shares of CoStar Group from $72.00 to $53.00 and set a “market perform” rating for the company in a research note on Thursday, February 26th. Finally, Royal Bank Of Canada reduced their price objective on shares of CoStar Group from $75.00 to $57.00 and set a “sector perform” rating for the company in a research note on Wednesday, February 25th. Thirteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, CoStar Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $55.33.

Read Our Latest Analysis on CSGP

CoStar Group Stock Performance

Shares of CSGP stock opened at $30.46 on Thursday. The company has a 50 day moving average price of $34.79 and a 200-day moving average price of $48.31. CoStar Group, Inc. has a 52 week low of $30.38 and a 52 week high of $97.43. The firm has a market capitalization of $12.44 billion, a PE ratio of 507.75, a P/E/G ratio of 0.82 and a beta of 0.72. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.13.

CoStar Group (NASDAQ:CSGPGet Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.05. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The firm had revenue of $897.00 million during the quarter, compared to analyst estimates of $896.73 million. During the same period in the previous year, the business posted ($0.04) earnings per share. The business’s revenue for the quarter was up 22.5% on a year-over-year basis. 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, equities research analysts expect that CoStar Group, Inc. will post 1.03 earnings per share for the current year.

CoStar Group Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for CoStar Group (NASDAQ:CSGP)

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