Vanguard Group Inc. Increases Stock Holdings in CoStar Group, Inc. $CSGP

Vanguard Group Inc. raised its position in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 0.6% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 68,847,483 shares of the technology company’s stock after purchasing an additional 420,772 shares during the quarter. Vanguard Group Inc. owned 16.25% of CoStar Group worth $5,535,338,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Rossby Financial LCC boosted its holdings in shares of CoStar Group by 315.9% in the second quarter. Rossby Financial LCC now owns 341 shares of the technology company’s stock worth $27,000 after buying an additional 259 shares during the last quarter. Bayforest Capital Ltd bought a new position in CoStar Group in the first quarter worth approximately $29,000. GKV Capital Management Co. Inc. bought a new position in CoStar Group in the first quarter worth approximately $31,000. Zions Bancorporation National Association UT purchased a new position in shares of CoStar Group during the 1st quarter worth $31,000. Finally, NewSquare Capital LLC grew its position in shares of CoStar Group by 35.6% during the 2nd quarter. NewSquare Capital LLC now owns 411 shares of the technology company’s stock valued at $33,000 after acquiring an additional 108 shares during the period. Institutional investors own 96.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. BMO Capital Markets raised their target price on CoStar Group from $82.00 to $89.00 and gave the stock a “market perform” rating in a report on Wednesday, July 23rd. William Blair restated an “outperform” rating on shares of CoStar Group in a research report on Wednesday, July 23rd. Citigroup reaffirmed a “market outperform” rating on shares of CoStar Group in a research report on Wednesday, October 29th. JPMorgan Chase & Co. increased their target price on shares of CoStar Group from $87.00 to $101.00 and gave the stock an “overweight” rating in a report on Wednesday, July 23rd. Finally, Wells Fargo & Company set a $60.00 target price on shares of CoStar Group and gave the stock an “underweight” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $93.38.

CoStar Group Trading Down 0.3%

Shares of CoStar Group stock opened at $66.81 on Wednesday. CoStar Group, Inc. has a twelve month low of $63.82 and a twelve month high of $97.43. The company has a quick ratio of 5.83, a current ratio of 3.12 and a debt-to-equity ratio of 0.12. The business has a 50-day moving average price of $77.65 and a 200-day moving average price of $81.64. The firm has a market cap of $28.32 billion, a price-to-earnings ratio of 1,336.20, a PEG ratio of 3.32 and a beta of 0.86.

CoStar Group (NASDAQ:CSGP) last posted its earnings results on Tuesday, October 28th. The technology company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.04. The company had revenue of $833.60 million for 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 for the quarter was up 20.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.22 earnings per share. 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 EPS for the current fiscal year.

Insider Activity at CoStar Group

In other news, insider Frederick G. Saint sold 25,000 shares of the stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $90.33, for a total transaction 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 represents a 7.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.09% of the company’s stock.

CoStar Group Company 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.