CoStar Group, Inc. $CSGP Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in CoStar Group, Inc. (NASDAQ:CSGP) by 4.0% during the second quarter, Holdings Channel reports. The institutional investor owned 2,521,571 shares of the technology company’s stock after purchasing an additional 95,878 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in CoStar Group were worth $71,411,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Reflection Asset Management purchased a new stake in shares of CoStar Group during the 4th quarter worth approximately $27,000. Lloyd Advisory Services LLC. purchased a new stake in shares of CoStar Group in the fourth quarter valued at $29,000. Transamerica Financial Advisors LLC purchased a new position in CoStar Group in the 2nd quarter valued at about $33,000. DV Equities LLC acquired a new stake in CoStar Group during the fourth quarter worth approximately $40,000. Finally, IFP Advisors Inc boosted its holdings in shares of CoStar Group by 329.4% during the fourth quarter. IFP Advisors Inc now owns 614 shares of the technology company’s stock worth $41,000 after purchasing an additional 471 shares during the last quarter. Hedge funds and other institutional investors own 96.60% of the company’s stock.

CoStar Group Trading Down 2.3%

Shares of NASDAQ:CSGP opened at $31.26 on Thursday. The firm has a market cap of $12.67 billion, a P/E ratio of 164.53, a P/E/G ratio of 0.82 and a beta of 0.75. 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 twelve month low of $25.89 and a twelve month high of $91.89. The company has a 50 day moving average of $30.21 and a 200-day moving average of $35.52.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings results on Tuesday, July 28th. The technology company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts’ expectations of $928.81 million. During the same period last year, the firm earned $0.17 EPS. The firm’s revenue for the quarter 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. As a group, analysts anticipate that CoStar Group, Inc. will post 1.07 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CAO Cynthia Cammett Cann sold 4,788 shares of the firm’s stock in a transaction that occurred 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 approximately $579,341.16. This trade represents a 20.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Andrew C. Florance acquired 83,300 shares of CoStar Group stock in a transaction dated Tuesday, August 4th. The shares were bought at an average cost of $29.89 per share, with a total value of $2,489,837.00. Following the completion of the purchase, the chief executive officer owned 1,806,165 shares in the company, valued at approximately $53,986,271.85. This represents a 4.83% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 1.18% of the company’s stock.

Wall Street Analyst Weigh In

CSGP has been the topic of several research analyst reports. Wall Street Zen cut shares of CoStar Group from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Keefe, Bruyette & Woods cut CoStar Group from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $41.00 to $29.00 in a research note on Wednesday, July 29th. Weiss Ratings restated a “sell (d)” rating on shares of CoStar Group in a research note on Wednesday, June 24th. JPMorgan Chase & Co. reduced their price target on CoStar Group from $58.00 to $52.00 and set an “overweight” rating for the company in a report on Wednesday, July 29th. Finally, Bank of America dropped their target price on shares of CoStar Group from $42.00 to $37.00 and set a “neutral” rating for the company in a research report on Tuesday, May 19th. Nine research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, CoStar Group has an average rating of “Hold” and an average target price of $40.11.

CoStar Group Profile

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.