32,068 CoStar Group, Inc. $CSGP Shares Bought by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. increased its position in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 16,445.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 32,263 shares of the technology company’s stock after acquiring an additional 32,068 shares during the period. TD Waterhouse Canada Inc.’s holdings in CoStar Group were worth $884,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Transamerica Financial Advisors LLC acquired a new stake in shares of CoStar Group during the second quarter valued at about $33,000. Pin Oak Investment Advisors Inc. bought a new stake in shares of CoStar Group during the second quarter worth about $47,000. CYBER HORNET ETFs LLC grew its holdings in shares of CoStar Group by 50.8% during the second quarter. CYBER HORNET ETFs LLC now owns 1,757 shares of the technology company’s stock worth $50,000 after purchasing an additional 592 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of CoStar Group in the second quarter valued at approximately $59,000. Finally, Oslo Pensjonsforsikring AS acquired a new position in shares of CoStar Group in the first quarter valued at approximately $93,000. Institutional investors and hedge funds own 96.60% of the company’s stock.

CoStar Group Trading Up 7.8%

Shares of CSGP stock opened at $35.45 on Friday. The stock has a market cap of $14.36 billion, a price-to-earnings ratio of 186.59, a PEG ratio of 0.83 and a beta of 0.80. The stock has a 50-day moving average of $30.46 and a 200-day moving average of $31.79. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.13. CoStar Group, Inc. has a 1-year low of $25.89 and a 1-year high of $79.08.

CoStar Group (NASDAQ:CSGP) last posted its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. CoStar Group had a return on equity of 3.74% and a net margin of 2.08%. The company had revenue of $925.00 million for the quarter, compared to analyst estimates of $928.81 million. During the same period in the previous year, the firm earned $0.17 earnings per share. The firm’s quarterly revenue was up 18.4% on a year-over-year basis. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. On average, equities research analysts forecast that CoStar Group, Inc. will post 1.07 earnings per share for the current year.

Insiders Place Their Bets

In other news, CAO Cynthia Cammett Cann sold 4,788 shares of the stock in a transaction on Friday, August 7th. The shares were sold at an average price of $30.78, for a total transaction of $147,374.64. Following the completion of the sale, the chief accounting officer directly owned 18,822 shares in the company, valued at $579,341.16. This represents a 20.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Andrew C. Florance bought 83,300 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were purchased at an average cost of $29.89 per share, with a total value of $2,489,837.00. Following the purchase, the chief executive officer directly owned 1,806,165 shares of the company’s stock, valued at $53,986,271.85. The trade was a 4.83% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 1.18% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on CSGP. Citizens Jmp dropped their price objective on shares of CoStar Group from $44.00 to $35.00 and set a “market outperform” rating for the company in a report on Wednesday, July 29th. KeyCorp set a $33.00 target price on shares of CoStar Group in a report on Monday, August 24th. Weiss Ratings restated a “sell (d)” rating on shares of CoStar Group in a research report on Monday, September 21st. BTIG Research dropped their price target on shares of CoStar Group from $55.00 to $42.00 and set a “buy” rating for the company in a research note on Wednesday, July 29th. Finally, Citigroup lowered shares of CoStar Group from a “market outperform” rating to a “neutral” rating and cut their price target for the stock from $70.00 to $33.00 in a report on Wednesday, July 29th. Nine equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $40.11.

About CoStar Group

CoStar Group, Inc is a provider of information, analytics, and online marketplaces for the commercial and residential real estate industries. The company collects, analyzes, and distributes property and market data to real estate professionals, investors, lenders, and other businesses.

Its brands and services include CoStar, which offers commercial real estate data and research; LoopNet, a marketplace for commercial property listings; Apartments.com, a rental housing marketplace; and Homes.com, a residential real estate platform.