Vanguard Group Inc. Purchases 52,558 Shares of CoStar Group, Inc. $CSGP

Vanguard Group Inc. boosted its position in CoStar Group, Inc. (NASDAQ:CSGP) by 0.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 70,108,999 shares of the technology company’s stock after acquiring an additional 52,558 shares during the quarter. Vanguard Group Inc. owned 0.17% of CoStar Group worth $4,714,129,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in CSGP. Baillie Gifford & Co. increased its stake in CoStar Group by 56.9% in the fourth quarter. Baillie Gifford & Co. now owns 12,933,185 shares of the technology company’s stock valued at $869,627,000 after acquiring an additional 4,691,543 shares during the last quarter. Viking Global Investors LP bought a new stake in shares of CoStar Group during the second quarter worth $258,773,000. Capital Research Global Investors grew its stake in shares of CoStar Group by 27.0% during the third quarter. Capital Research Global Investors now owns 4,993,854 shares of the technology company’s stock worth $421,330,000 after buying an additional 1,062,452 shares during the last quarter. Ion Asset Management Ltd. grew its stake in shares of CoStar Group by 730.3% during the second quarter. Ion Asset Management Ltd. now owns 1,169,833 shares of the technology company’s stock worth $94,055,000 after buying an additional 1,028,933 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its stake in shares of CoStar Group by 12.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 7,406,788 shares of the technology company’s stock worth $624,911,000 after buying an additional 821,111 shares during the last quarter. 96.60% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. William Blair reaffirmed an “outperform” rating on shares of CoStar Group in a research note on Tuesday, March 3rd. Stephens reduced their price objective on shares of CoStar Group from $70.00 to $50.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 14th. Robert W. Baird reduced their price objective on shares of CoStar Group from $73.00 to $56.00 and set an “outperform” rating on the stock in a research note on Monday, April 13th. Deutsche Bank Aktiengesellschaft set a $68.00 target price on shares of CoStar Group in a report on Thursday, January 8th. Finally, Citigroup dropped their target price on shares of CoStar Group from $100.00 to $70.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Twelve equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $66.47.

Insider Buying and Selling at CoStar Group

In related news, Director Louise S. Sams bought 1,000 shares of CoStar Group stock in a transaction dated Friday, March 6th. The stock was purchased at an average cost of $48.36 per share, with a total value of $48,360.00. Following the transaction, the director directly 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 acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.09% of the stock is owned by corporate insiders.

CoStar Group Price Performance

CSGP opened at $36.25 on Tuesday. 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 company has a market capitalization of $15.22 billion, a price-to-earnings ratio of 3,629.03, a P/E/G ratio of 0.94 and a beta of 0.92. CoStar Group, Inc. has a 1 year low of $34.75 and a 1 year high of $97.43. The firm’s fifty day moving average price is $42.56 and its two-hundred day moving average price is $57.64.

CoStar Group (NASDAQ:CSGP) last posted its quarterly earnings data on Tuesday, February 24th. The technology company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.27 by $0.04. The firm had revenue of $899.90 million during the quarter, compared to analyst estimates of $892.22 million. CoStar Group had a net margin of 0.23% and a return on equity of 2.53%. The company’s revenue for the quarter was up 26.9% on a year-over-year basis. During the same quarter last year, the business posted $0.26 EPS. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. As a group, analysts anticipate that CoStar Group, Inc. will post 0.96 earnings per share for the current fiscal year.

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

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.