Delta Global Management LP Buys New Shares in CoStar Group, Inc. $CSGP

Delta Global Management LP bought a new stake in shares of CoStar Group, Inc. (NASDAQ:CSGP) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 31,841 shares of the technology company’s stock, valued at approximately $2,141,000.

Other large investors have also recently bought and sold shares of the company. Lloyd Advisory Services LLC. acquired a new position in CoStar Group during the 4th quarter valued at $29,000. IFP Advisors Inc raised its stake in CoStar Group by 329.4% during the 4th quarter. IFP Advisors Inc now owns 614 shares of the technology company’s stock valued at $41,000 after purchasing an additional 471 shares during the last quarter. Rossby Financial LCC raised its stake in CoStar Group by 47.5% during the 3rd quarter. Rossby Financial LCC now owns 503 shares of the technology company’s stock valued at $42,000 after purchasing an additional 162 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in CoStar Group by 25,650.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock valued at $43,000 after purchasing an additional 513 shares during the last quarter. Finally, Zions Bancorporation National Association UT raised its stake in CoStar Group by 41.8% during the 3rd quarter. Zions Bancorporation National Association UT now owns 563 shares of the technology company’s stock valued at $48,000 after purchasing an additional 166 shares during the last quarter. 96.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CSGP has been the subject of a number of recent research reports. Wells Fargo & Company dropped their price objective 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. Jefferies Financial Group upgraded shares of CoStar Group from a “hold” rating to a “buy” rating and set a $67.00 price objective for the company in a research note on Friday, February 20th. Royal Bank Of Canada dropped their price objective on shares of CoStar Group from $75.00 to $57.00 and set a “sector perform” rating for the company in a research note on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft set a $44.00 price objective on shares of CoStar Group in a research note on Thursday, April 30th. Finally, Citigroup dropped their price objective on shares of CoStar Group from $100.00 to $70.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Thirteen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, CoStar Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $55.33.

CoStar Group Trading Down 2.4%

Shares of CoStar Group stock opened at $32.04 on Tuesday. The stock has a market capitalization of $13.08 billion, a P/E ratio of 534.09, a price-to-earnings-growth ratio of 0.84 and a beta of 0.72. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.13. The company has a 50-day simple moving average of $35.17 and a 200 day simple moving average of $48.83. CoStar Group, Inc. has a 12-month low of $31.35 and a 12-month high of $97.43.

CoStar Group (NASDAQ:CSGP) last announced its earnings results on Tuesday, April 28th. The technology company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.05. The business had revenue of $897.00 million during the quarter, compared to analysts’ expectations of $896.73 million. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The firm’s revenue for the quarter was up 22.5% on a year-over-year basis. During the same quarter last year, the company posted ($0.04) EPS. 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 expect that CoStar Group, Inc. will post 1.03 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Andrew C. Florance bought 71,430 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was acquired at an average price of $35.20 per share, for a total transaction of $2,514,336.00. Following the transaction, the chief executive officer directly owned 1,722,865 shares of the company’s stock, valued at $60,644,848. This trade represents a 4.33% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.18% of the stock is owned by company insiders.

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.