CoStar Group (NASDAQ:CSGP) Director Louise Sams Buys 1,000 Shares of Stock

CoStar Group, Inc. (NASDAQ:CSGP) Director Louise Sams bought 1,000 shares of the stock in a transaction dated Friday, March 6th. The stock was bought at an average price of $48.36 per share, with a total value of $48,360.00. Following the purchase, the director owned 20,409 shares of the company’s stock, valued at approximately $986,979.24. This represents a 5.15% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

CoStar Group Stock Performance

Shares of NASDAQ:CSGP opened at $48.42 on Tuesday. The business’s 50-day simple moving average is $56.10 and its 200 day simple moving average is $68.95. The company has a market cap of $20.33 billion, a P/E ratio of 4,846.85, a PEG ratio of 1.30 and a beta of 0.90. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.84 and a current ratio of 2.84. CoStar Group, Inc. has a one year low of $43.16 and a one year high of $97.43.

CoStar Group (NASDAQ:CSGP) last released its quarterly earnings results on Tuesday, February 24th. The technology company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. CoStar Group had a return on equity of 2.53% and a net margin of 0.23%.The firm had revenue of $900.00 million during the quarter, compared to analysts’ expectations of $892.22 million. During the same quarter in the prior year, the business earned $0.26 EPS. CoStar Group’s quarterly revenue was up 26.9% compared to the same quarter last year. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. On average, sell-side analysts forecast that CoStar Group, Inc. will post 0.94 earnings per share for the current fiscal year.

CoStar Group declared that its board has approved a share repurchase program on Wednesday, January 7th that permits the company to buyback $1.50 billion in outstanding shares. This buyback authorization permits the technology company to repurchase up to 5.3% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on CSGP shares. Bank of America set a $74.00 price target on shares of CoStar Group in a report on Wednesday, January 7th. Citigroup reiterated a “market outperform” rating on shares of CoStar Group in a report on Thursday, January 8th. Citizens Jmp lowered their target price on CoStar Group from $78.00 to $73.00 and set a “market outperform” rating for the company in a research note on Wednesday, February 25th. Zacks Research lowered CoStar Group from a “hold” rating to a “strong sell” rating in a research report on Friday, January 9th. Finally, Keefe, Bruyette & Woods cut their price target on CoStar Group from $75.00 to $70.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $73.35.

Institutional Trading of CoStar Group

A number of hedge funds have recently made changes to their positions in CSGP. Quent Capital LLC acquired a new stake in CoStar Group in the third quarter valued at $26,000. Reflection Asset Management bought a new position in CoStar Group during the 4th quarter valued at $27,000. Manning & Napier Advisors LLC acquired a new position in CoStar Group during the 3rd quarter worth $28,000. Lloyd Advisory Services LLC. bought a new stake in shares of CoStar Group in the 4th quarter worth about $29,000. Finally, Westside Investment Management Inc. increased its position in shares of CoStar Group by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 360 shares of the technology company’s stock worth $30,000 after purchasing an additional 180 shares during the last quarter. Institutional investors and hedge funds own 96.60% of the company’s stock.

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.