Blair William & Co. IL Sells 1,104,950 Shares of CoStar Group, Inc. $CSGP

Blair William & Co. IL lowered its holdings in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 35.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 2,023,523 shares of the technology company’s stock after selling 1,104,950 shares during the quarter. Blair William & Co. IL’s holdings in CoStar Group were worth $136,062,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in CSGP. Lloyd Advisory Services LLC. bought a new stake in shares of CoStar Group in the 4th quarter worth about $29,000. IFP Advisors Inc raised its position in shares of CoStar Group by 329.4% during the 4th quarter. IFP Advisors Inc now owns 614 shares of the technology company’s stock valued at $41,000 after buying an additional 471 shares in the last quarter. Rossby Financial LCC lifted its holdings in shares of CoStar Group by 47.5% in the 3rd quarter. Rossby Financial LCC now owns 503 shares of the technology company’s stock valued at $42,000 after acquiring an additional 162 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its position in CoStar Group by 25,650.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock worth $43,000 after acquiring an additional 513 shares in the last quarter. Finally, Zions Bancorporation National Association UT grew its position in CoStar Group by 41.8% in the third quarter. Zions Bancorporation National Association UT now owns 563 shares of the technology company’s stock worth $48,000 after acquiring an additional 166 shares in the last quarter. 96.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on CSGP shares. Wells Fargo & Company decreased their price objective on CoStar Group from $40.00 to $33.00 and set an “underweight” rating on the stock in a research report on Thursday, April 30th. Jefferies Financial Group upgraded CoStar Group from a “hold” rating to a “buy” rating and set a $67.00 target price for the company in a report on Friday, February 20th. Needham & Company LLC cut their target price on CoStar Group from $60.00 to $50.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Citizens Jmp decreased their price target on CoStar Group from $73.00 to $44.00 and set a “market outperform” rating on the stock in a report on Wednesday, April 29th. Finally, Stephens lowered their price target on CoStar Group from $50.00 to $42.00 and set an “overweight” rating for the company in a research report on Monday, May 4th. Thirteen investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, CoStar Group has an average rating of “Moderate Buy” and an average target price of $55.33.

Insider Transactions at CoStar Group

In other CoStar Group news, CEO Andrew C. Florance acquired 71,430 shares of the business’s stock in a transaction on Friday, May 1st. The shares were bought at an average price of $35.20 per share, with a total value of $2,514,336.00. Following the transaction, the chief executive officer directly owned 1,722,865 shares of the company’s stock, valued at $60,644,848. The trade was a 4.33% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. 1.18% of the stock is currently owned by insiders.

CoStar Group Stock Down 0.2%

Shares of NASDAQ CSGP opened at $31.97 on Wednesday. CoStar Group, Inc. has a 1 year low of $31.35 and a 1 year high of $97.43. The firm has a 50-day simple moving average of $35.01 and a two-hundred day simple moving average of $48.58. The company has a market cap of $13.06 billion, a P/E ratio of 532.92, a PEG ratio of 0.82 and a beta of 0.72. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.20 and a quick ratio of 2.20.

CoStar Group (NASDAQ:CSGP) last released its earnings results on Tuesday, April 28th. The technology company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.05. CoStar Group had a return on equity of 2.90% and a net margin of 0.74%.The firm had revenue of $897.00 million for the quarter, compared to analysts’ expectations of $896.73 million. During the same quarter in the prior year, the firm posted ($0.04) earnings per share. The company’s quarterly revenue was up 22.5% on a year-over-year basis. CoStar Group has set its Q2 2026 guidance at 0.270-0.300 EPS and its FY 2026 guidance at 1.320-1.390 EPS. Research analysts anticipate that CoStar Group, Inc. will post 1.03 earnings per share for the current year.

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.