Natixis Advisors LLC Purchases 33,599 Shares of CoStar Group, Inc. $CSGP

Natixis Advisors LLC increased its holdings in CoStar Group, Inc. (NASDAQ:CSGP) by 6.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 571,265 shares of the technology company’s stock after acquiring an additional 33,599 shares during the quarter. Natixis Advisors LLC’s holdings in CoStar Group were worth $48,198,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CSGP. Korea Investment CORP lifted its position in shares of CoStar Group by 33.6% in the 3rd quarter. Korea Investment CORP now owns 245,000 shares of the technology company’s stock worth $20,671,000 after purchasing an additional 61,650 shares during the period. Blair William & Co. IL boosted its stake in shares of CoStar Group by 9.0% during the third quarter. Blair William & Co. IL now owns 3,128,473 shares of the technology company’s stock valued at $263,949,000 after purchasing an additional 257,311 shares in the last quarter. First Trust Advisors LP increased its holdings in CoStar Group by 9.4% during the third quarter. First Trust Advisors LP now owns 674,750 shares of the technology company’s stock valued at $56,929,000 after buying an additional 58,212 shares during the period. Neo Ivy Capital Management increased its holdings in CoStar Group by 23.7% during the third quarter. Neo Ivy Capital Management now owns 7,114 shares of the technology company’s stock valued at $600,000 after buying an additional 1,362 shares during the period. Finally, Intellectus Partners LLC raised its stake in CoStar Group by 7.8% in the third quarter. Intellectus Partners LLC now owns 6,384 shares of the technology company’s stock worth $539,000 after buying an additional 463 shares in the last quarter. 96.60% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other CoStar Group news, Director Louise S. Sams bought 1,000 shares of CoStar Group stock in a transaction that occurred on Friday, March 6th. The shares were bought 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. This represents a 5.15% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.09% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on CSGP shares. William Blair restated an “outperform” rating on shares of CoStar Group in a report on Tuesday, March 3rd. Citigroup reiterated a “market outperform” rating on shares of CoStar Group in a report on Thursday, January 8th. Citizens Jmp reduced their price target on 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. Needham & Company LLC decreased their price objective on CoStar Group from $80.00 to $60.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. Finally, Jefferies Financial Group raised CoStar Group from a “hold” rating to a “buy” rating and set a $67.00 price objective on the stock in a research report on Friday, February 20th. One research 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 given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $73.35.

CoStar Group Price Performance

Shares of CSGP opened at $48.42 on Tuesday. The company has a 50 day moving average of $56.10 and a two-hundred day moving average of $68.95. The company has a quick ratio of 2.84, a current ratio of 2.84 and a debt-to-equity ratio of 0.12. CoStar Group, Inc. has a twelve month low of $43.16 and a twelve month high of $97.43. The company has a market cap of $20.33 billion, a price-to-earnings ratio of 4,846.85, a price-to-earnings-growth ratio of 1.30 and a beta of 0.90.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings results on Tuesday, February 24th. The technology company reported $0.31 earnings per share (EPS) 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 business had revenue of $900.00 million for the quarter, compared to the consensus estimate of $892.22 million. During the same period in the prior year, the firm posted $0.26 earnings per share. The business’s quarterly revenue was up 26.9% on a year-over-year basis. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. As a group, analysts predict 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 authorized a share buyback program on Wednesday, January 7th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the technology company to reacquire up to 5.3% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.

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.