Savant Capital LLC Purchases New Holdings in CoStar Group, Inc. $CSGP

Savant Capital LLC acquired a new position in CoStar Group, Inc. (NASDAQ:CSGP) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 3,800 shares of the technology company’s stock, valued at approximately $306,000.

A number of other institutional investors have also recently bought and sold shares of CSGP. Rossby Financial LCC raised its stake in shares of CoStar Group by 315.9% during the 2nd quarter. Rossby Financial LCC now owns 341 shares of the technology company’s stock worth $27,000 after purchasing an additional 259 shares during the period. Bayforest Capital Ltd purchased a new stake in CoStar Group during the first quarter worth about $29,000. GKV Capital Management Co. Inc. bought a new stake in CoStar Group in the first quarter worth about $31,000. Zions Bancorporation National Association UT purchased a new position in CoStar Group in the first quarter valued at about $31,000. Finally, Pin Oak Investment Advisors Inc. bought a new position in shares of CoStar Group during the 1st quarter valued at approximately $33,000. Institutional investors own 96.60% of the company’s stock.

Insider Activity at CoStar Group

In other news, insider Frederick G. Saint sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $90.33, for a total value of $2,258,250.00. Following the completion of the transaction, the insider directly owned 293,103 shares in the company, valued at approximately $26,475,993.99. This trade represents a 7.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.09% of the company’s stock.

CoStar Group Price Performance

Shares of NASDAQ CSGP opened at $66.81 on Wednesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.83 and a current ratio of 3.12. CoStar Group, Inc. has a fifty-two week low of $63.82 and a fifty-two week high of $97.43. The stock has a market cap of $28.32 billion, a PE ratio of 1,336.20, a price-to-earnings-growth ratio of 3.32 and a beta of 0.86. The stock has a fifty day moving average of $77.65 and a 200-day moving average of $81.64.

CoStar Group (NASDAQ:CSGP) last issued its earnings results on Tuesday, October 28th. The technology company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.19 by $0.04. The business had revenue of $833.60 million during the quarter, compared to the consensus estimate of $823.62 million. CoStar Group had a return on equity of 2.45% and a net margin of 0.66%.The firm’s revenue was up 20.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.22 EPS. CoStar Group has set its Q4 2025 guidance at 0.260-0.280 EPS. FY 2025 guidance at 0.820-0.840 EPS. Equities research analysts anticipate that CoStar Group, Inc. will post 0.94 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Jefferies Financial Group raised shares of CoStar Group to a “hold” rating in a report on Wednesday, October 29th. BTIG Research assumed coverage on CoStar Group in a research note on Friday, October 3rd. They issued a “neutral” rating on the stock. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $91.00 price target on shares of CoStar Group in a research report on Thursday, October 9th. JPMorgan Chase & Co. lifted their price objective on CoStar Group from $87.00 to $101.00 and gave the stock an “overweight” rating in a report on Wednesday, July 23rd. Finally, Needham & Company LLC boosted their price objective on CoStar Group from $98.00 to $105.00 and gave the company a “buy” rating in a research note on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $93.38.

CoStar Group Profile

CoStar Group, Inc provides information, analytics, and online marketplace services to the commercial real estate, hospitality, residential, and related professionals industries in the United States, Canada, Europe, the Asia Pacific, and Latin America. The company offers CoStar Property that provides inventory of office, industrial, retail, multifamily, hospitality, and student housing properties and land; CoStar Sales, a robust database of comparable commercial real estate sales transactions; CoStar Market Analytics to view and report on aggregated market and submarket trends; and CoStar Tenant, an online business-to-business prospecting and analytical tool that provides tenant information.