CoStar Group, Inc. $CSGP Shares Bought by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. increased its holdings in CoStar Group, Inc. (NASDAQ:CSGP) by 70.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 3,751,312 shares of the technology company’s stock after buying an additional 1,556,100 shares during the quarter. Goldman Sachs Group Inc.’s holdings in CoStar Group were worth $252,238,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Enhancing Capital LLC raised its holdings in CoStar Group by 2.2% in the 3rd quarter. Enhancing Capital LLC now owns 7,030 shares of the technology company’s stock worth $593,000 after purchasing an additional 150 shares during the period. Rossby Financial LCC raised its holdings in CoStar Group by 47.5% in the 3rd quarter. Rossby Financial LCC now owns 503 shares of the technology company’s stock worth $42,000 after purchasing an additional 162 shares during the period. Zions Bancorporation National Association UT raised its holdings in CoStar Group by 41.8% in the 3rd quarter. Zions Bancorporation National Association UT now owns 563 shares of the technology company’s stock worth $48,000 after purchasing an additional 166 shares during the period. United Capital Financial Advisors LLC raised its holdings in CoStar Group by 2.3% in the 3rd quarter. United Capital Financial Advisors LLC now owns 7,545 shares of the technology company’s stock worth $637,000 after purchasing an additional 167 shares during the period. Finally, Ameritas Investment Partners Inc. raised its holdings in CoStar Group by 1.0% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 17,991 shares of the technology company’s stock worth $1,518,000 after purchasing an additional 176 shares during the period. Institutional investors and hedge funds own 96.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Wall Street Zen raised CoStar Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Needham & Company LLC reduced their price target on CoStar Group from $60.00 to $50.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Keefe, Bruyette & Woods reduced their price target on CoStar Group from $57.00 to $50.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Benchmark assumed coverage on CoStar Group in a report on Thursday. They issued a “buy” rating and a $45.00 price target for the company. Finally, BTIG Research reaffirmed a “buy” rating and issued a $55.00 price target on shares of CoStar Group in a report on Wednesday, April 29th. Thirteen research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, CoStar Group presently has a consensus rating of “Moderate Buy” and an average price target of $55.33.

Insider Activity at CoStar Group

In related news, CEO Andrew C. Florance purchased 71,430 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was purchased at an average price 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 in the company, valued at $60,644,848. This trade represents a 4.33% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 1.09% of the company’s stock.

CoStar Group Price Performance

Shares of CoStar Group stock opened at $33.89 on Friday. CoStar Group, Inc. has a 12 month low of $31.35 and a 12 month high of $97.43. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.20 and a quick ratio of 2.20. The stock has a market capitalization of $13.84 billion, a P/E ratio of 564.93, a PEG ratio of 0.87 and a beta of 0.72. The business has a 50 day simple moving average of $36.02 and a two-hundred day simple moving average of $50.38.

CoStar Group (NASDAQ:CSGP) last posted its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.18 by $0.05. CoStar Group had a return on equity of 2.90% and a net margin of 0.74%.The firm had revenue of $897.00 million during the quarter, compared to analysts’ expectations of $896.73 million. During the same quarter last year, the firm earned ($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, analysts predict that CoStar Group, Inc. will post 1.03 EPS for the current fiscal year.

About CoStar Group

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.