Moody National Bank Trust Division Trims Holdings in CoStar Group, Inc. $CSGP

Moody National Bank Trust Division trimmed its stake in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 61.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 8,334 shares of the technology company’s stock after selling 13,413 shares during the quarter. Moody National Bank Trust Division’s holdings in CoStar Group were worth $560,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the stock. ING Groep NV lifted its holdings in shares of CoStar Group by 1,950.5% in the third quarter. ING Groep NV now owns 128,052 shares of the technology company’s stock worth $10,804,000 after buying an additional 121,807 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in CoStar Group by 14.1% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 171,380 shares of the technology company’s stock valued at $14,459,000 after acquiring an additional 21,225 shares in the last quarter. UMB Bank n.a. grew its stake in CoStar Group by 51.6% during the third quarter. UMB Bank n.a. now owns 225,305 shares of the technology company’s stock valued at $19,009,000 after acquiring an additional 76,720 shares in the last quarter. American Century Companies Inc. increased its holdings in CoStar Group by 682.3% during the 3rd quarter. American Century Companies Inc. now owns 551,523 shares of the technology company’s stock worth $46,532,000 after acquiring an additional 481,024 shares during the period. Finally, Swedbank AB increased its holdings in CoStar Group by 21.0% during the 3rd quarter. Swedbank AB now owns 302,360 shares of the technology company’s stock worth $25,510,000 after acquiring an additional 52,433 shares during the period. Hedge funds and other institutional investors own 96.60% of the company’s stock.

Insider Transactions at CoStar Group

In related news, Director Louise S. Sams bought 1,000 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was bought at an average cost of $48.36 per share, for a total transaction of $48,360.00. Following the completion of the transaction, the director owned 20,409 shares of the company’s stock, valued at approximately $986,979.24. The trade was a 5.15% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.09% of the company’s stock.

CoStar Group Trading Down 0.3%

Shares of CSGP opened at $41.30 on Friday. CoStar Group, Inc. has a 1-year low of $40.33 and a 1-year high of $97.43. The company has a market capitalization of $17.34 billion, a P/E ratio of 4,134.13, a P/E/G ratio of 1.11 and a beta of 0.89. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.84 and a quick ratio of 2.84. The firm’s 50 day simple moving average is $50.71 and its 200 day simple moving average is $65.06.

CoStar Group (NASDAQ:CSGP) last released its quarterly earnings results on Tuesday, February 24th. The technology company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The business had revenue of $899.90 million during the quarter, compared to analysts’ expectations of $892.22 million. CoStar Group had a net margin of 0.23% and a return on equity of 2.53%. The business’s quarterly revenue was up 26.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.26 EPS. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. Sell-side analysts forecast that CoStar Group, Inc. will post 0.94 earnings per share for the current fiscal year.

CoStar Group announced that its Board of Directors has initiated a stock buyback program on Wednesday, January 7th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the technology company to reacquire up to 5.3% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

CSGP has been the topic of several recent analyst reports. William Blair reiterated an “outperform” rating on shares of CoStar Group in a research note on Tuesday, March 3rd. Citizens Jmp reduced their price target on shares of CoStar Group from $78.00 to $73.00 and set a “market outperform” rating for the company in a research report on Wednesday, February 25th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CoStar Group in a report on Monday, December 29th. Keefe, Bruyette & Woods lowered their price objective on CoStar Group from $75.00 to $70.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. Finally, Citigroup reissued a “market outperform” rating on shares of CoStar Group in a research note on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $72.76.

CoStar Group Company 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.