CoStar Group, Inc. $CSGP Stock: Yousif Capital Management LLC Raises Position

Yousif Capital Management LLC increased its holdings in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 43.1% in the third quarter, Holdings Channel.com reports. The fund owned 60,237 shares of the technology company’s stock after buying an additional 18,147 shares during the quarter. Yousif Capital Management LLC’s holdings in CoStar Group were worth $1,650,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of CSGP. BlackRock Inc. bought a new position in CoStar Group in the 2nd quarter valued at $957,612,000. Bamco Inc. NY bought a new stake in shares of CoStar Group during the second quarter worth $612,470,000. Jupiter Topco LLC bought a new stake in shares of CoStar Group during the second quarter worth $221,826,000. Meritage Group LP purchased a new stake in shares of CoStar Group during the second quarter valued at $152,763,000. Finally, Bank of America Corp DE purchased a new stake in shares of CoStar Group during the second quarter valued at $77,458,000. Hedge funds and other institutional investors own 96.60% of the company’s stock.

CoStar Group Price Performance

Shares of CSGP stock opened at $28.14 on Friday. The stock’s 50-day moving average is $30.37 and its 200 day moving average is $37.09. CoStar Group, Inc. has a 1-year low of $25.89 and a 1-year high of $70.75. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.32 and a quick ratio of 2.21. The company has a market cap of $11.40 billion, a P/E ratio of 63.96, a PEG ratio of 0.70 and a beta of 0.80.

CoStar Group (NASDAQ:CSGP) last released its quarterly earnings results on Tuesday, October 27th. The technology company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.34 by $0.04. The business had revenue of $952.00 million during the quarter, compared to analyst estimates of $945.82 million. CoStar Group had a net margin of 4.87% and a return on equity of 4.87%. The company’s quarterly revenue was up 14.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.23 earnings per share. Research analysts predict that CoStar Group, Inc. will post 1.07 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CSGP has been the topic of a number of research analyst reports. Needham & Company LLC restated a “buy” rating and issued a $40.00 price target on shares of CoStar Group in a report on Wednesday. Keefe, Bruyette & Woods lowered shares of CoStar Group from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from $41.00 to $29.00 in a report on Wednesday, July 29th. BTIG Research decreased their price objective on shares of CoStar Group from $42.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday. Weiss Ratings reissued a “sell (d)” rating on shares of CoStar Group in a research report on Monday, September 21st. Finally, William Blair downgraded shares of CoStar Group from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 29th. Ten analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $39.11.

Insider Buying and Selling

In other news, CEO Andrew C. Florance bought 83,300 shares of the stock in a transaction on Tuesday, August 4th. The stock was bought at an average cost of $29.89 per share, for a total transaction of $2,489,837.00. Following the completion of the purchase, the chief executive officer directly owned 1,806,165 shares in the company, valued at approximately $53,986,271.85. The trade was a 4.83% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Cynthia Cammett Cann sold 4,788 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $30.78, for a total transaction of $147,374.64. Following the completion of the sale, the chief accounting officer owned 18,822 shares of the company’s stock, valued at approximately $579,341.16. This trade represents a 20.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.18% of the stock is owned by insiders.

More CoStar Group News

Here are the key news stories impacting CoStar Group this week:

• Positive Sentiment: Q3 results exceeded expectations. CoStar reported adjusted earnings of $0.38 per share versus the $0.34 consensus estimate, while revenue rose 14.1% year over year to $952 million, above expectations. Adjusted EBITDA reached a record $229 million, approximately doubling from the prior year. CoStar Group Q3 Earnings Beat Estimates, Revenues Increase Year Over Year
• Positive Sentiment: Management raised its profitability outlook. CoStar increased its 2026 adjusted EBITDA forecast to $820 million-$840 million and is targeting $1.25 billion in adjusted EBITDA by 2028, signaling confidence in operating leverage and cost controls. CoStar Raises EBITDA Outlook and Sets 2028 Target
• Positive Sentiment: CoStar upgraded its U.S. office forecast, while data showed strong demand for higher-quality London office space. These trends could support demand for CoStar’s commercial real estate data and analytics products. CoStar Upgrades U.S. Office Vacancy and Rent Growth Forecast
• Neutral Sentiment: CoStar agreed to acquire Vexcel Group for $730 million in cash and stock. The deal would add high-resolution aerial imagery and enhance property search and discovery, but investors are weighing the strategic benefits against integration risk and acquisition spending. CoStar Group to Acquire Vexcel Group for $730 Million
• Negative Sentiment: Forward expectations overshadowed the earnings beat. Reports characterized guidance as weaker than investors wanted, contributing to the recent decline in CSGP shares despite the strong quarter.
• Negative Sentiment: October U.S. apartment rents fell 0.15% month over month to $1,749, marking a second consecutive monthly decline. Softer multifamily conditions could weigh on growth at Apartments.com and other residential offerings. Apartments.com Multifamily Rent Growth Report
• Negative Sentiment: Several analysts reduced price targets, including JPMorgan to $44, Goldman Sachs to $36, Baird to $32 and KBW to $30, while KBW and Bank of America maintained Hold ratings. These revisions reflect concerns about valuation, execution and near-term growth.

CoStar Group Company Profile

CoStar Group, Inc is a provider of information, analytics, and online marketplaces for the commercial and residential real estate industries. The company collects, analyzes, and distributes property and market data to real estate professionals, investors, lenders, and other businesses.

Its brands and services include CoStar, which offers commercial real estate data and research; LoopNet, a marketplace for commercial property listings; Apartments.com, a rental housing marketplace; and Homes.com, a residential real estate platform.