SVB Wealth LLC Has $3.88 Million Holdings in CoStar Group, Inc. $CSGP

SVB Wealth LLC lifted its holdings in CoStar Group, Inc. (NASDAQ:CSGP) by 44.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 96,060 shares of the technology company’s stock after purchasing an additional 29,650 shares during the quarter. SVB Wealth LLC’s holdings in CoStar Group were worth $3,875,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of CSGP. Reflection Asset Management bought a new stake in shares of CoStar Group during the 4th quarter worth approximately $27,000. Lloyd Advisory Services LLC. acquired a new stake in shares of CoStar Group in the 4th quarter valued at approximately $29,000. DV Equities LLC bought a new position in shares of CoStar Group in the fourth quarter valued at $40,000. IFP Advisors Inc increased its holdings in CoStar Group by 329.4% during the fourth quarter. IFP Advisors Inc now owns 614 shares of the technology company’s stock worth $41,000 after buying an additional 471 shares during the last quarter. Finally, Rossby Financial LCC increased its holdings 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 buying an additional 162 shares during the last quarter. 96.60% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. BMO Capital Markets cut their price target 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. Royal Bank Of Canada dropped their target price on shares of CoStar Group from $75.00 to $57.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 25th. Wells Fargo & Company cut their target price 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. Citigroup reduced their price target on CoStar Group from $100.00 to $70.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. Finally, Robert W. Baird decreased their target price on CoStar Group from $73.00 to $56.00 and set an “outperform” rating on the stock in a report on Monday, April 13th. Thirteen analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $55.33.

CoStar Group Stock Performance

NASDAQ:CSGP opened at $29.22 on Tuesday. The stock has a market cap of $11.93 billion, a P/E ratio of 487.08, a PEG ratio of 0.77 and a beta of 0.72. The stock has a 50 day simple moving average of $34.27 and a 200 day simple moving average of $47.50. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.13. CoStar Group, Inc. has a 1-year low of $29.08 and a 1-year high of $97.43.

CoStar Group (NASDAQ:CSGP) last posted its earnings results on Tuesday, April 28th. The technology company reported $0.23 earnings per share for the quarter, topping 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 company had revenue of $897.00 million during the quarter, compared to the consensus estimate of $896.73 million. During the same quarter last year, the firm earned ($0.04) earnings per share. The company’s revenue 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. Research analysts anticipate that CoStar Group, Inc. will post 1.03 earnings per share for the current year.

Insider Activity

In other CoStar Group news, CEO Andrew C. Florance bought 71,430 shares of the stock in a transaction dated Friday, May 1st. The shares were bought at an average cost 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 $60,644,848. This trade represents a 4.33% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 1.18% of the stock is currently owned by insiders.

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.