Janus Henderson Group PLC Purchases 1,256,573 Shares of CoStar Group, Inc. $CSGP

Janus Henderson Group PLC lifted its position in CoStar Group, Inc. (NASDAQ:CSGP) by 20.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 7,473,380 shares of the technology company’s stock after buying an additional 1,256,573 shares during the quarter. Janus Henderson Group PLC’s holdings in CoStar Group were worth $502,487,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Lloyd Advisory Services LLC. bought a new stake in shares of CoStar Group in the 4th quarter valued at approximately $29,000. DV Equities LLC bought a new stake in shares of CoStar Group in the 4th quarter valued at approximately $40,000. IFP Advisors Inc grew its stake in shares of CoStar Group by 329.4% in the 4th quarter. IFP Advisors Inc now owns 614 shares of the technology company’s stock valued at $41,000 after buying an additional 471 shares in the last quarter. Rossby Financial LCC grew its stake in shares of CoStar Group by 47.5% in the 3rd quarter. Rossby Financial LCC now owns 503 shares of the technology company’s stock valued at $42,000 after buying an additional 162 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its stake in shares of CoStar Group by 25,650.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock valued at $43,000 after buying an additional 513 shares in the last quarter. Institutional investors own 96.60% of the company’s stock.

Insider Activity at CoStar Group

In other CoStar Group news, CEO Andrew C. Florance purchased 71,430 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was bought at an average cost of $35.20 per share, for a total transaction of $2,514,336.00. Following the completion of the acquisition, the chief executive officer directly owned 1,722,865 shares in the company, valued at $60,644,848. This represents a 4.33% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.18% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Stephens lowered their price target on CoStar Group from $50.00 to $42.00 and set an “overweight” rating for the company in a research note on Monday, May 4th. Citigroup lowered their price target on CoStar Group from $100.00 to $70.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Keefe, Bruyette & Woods lowered their price target on CoStar Group from $57.00 to $50.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. Benchmark initiated coverage on CoStar Group in a report on Thursday, June 4th. They issued a “buy” rating and a $45.00 target price for the company. Finally, Wells Fargo & Company reduced their target price on CoStar Group from $40.00 to $33.00 and set an “underweight” rating for the company in a report on Thursday, April 30th. Thirteen analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $55.33.

CoStar Group Stock Down 4.7%

CSGP opened at $30.46 on Thursday. The business has a 50 day moving average price of $34.79 and a 200 day moving average price of $48.31. CoStar Group, Inc. has a twelve month low of $30.38 and a twelve month high of $97.43. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.20 and a current ratio of 2.20. The firm has a market cap of $12.44 billion, a P/E ratio of 507.75, a price-to-earnings-growth ratio of 0.82 and a beta of 0.72.

CoStar Group (NASDAQ:CSGP) last posted its earnings results on Tuesday, April 28th. The technology company reported $0.23 earnings per share for the quarter, topping 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 analyst estimates of $896.73 million. During the same period in the previous year, the company earned ($0.04) EPS. The company’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. Research analysts forecast that CoStar Group, Inc. will post 1.03 EPS for the current 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.