Savant Capital LLC Purchases Shares of 3,800 CoStar Group, Inc. $CSGP

Savant Capital LLC acquired a new position in shares of CoStar Group, Inc. (NASDAQ:CSGP) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,800 shares of the technology company’s stock, valued at approximately $306,000.

Other hedge funds also recently modified their holdings of the company. Rossby Financial LCC boosted its stake in CoStar Group by 315.9% during the second quarter. Rossby Financial LCC now owns 341 shares of the technology company’s stock worth $27,000 after acquiring an additional 259 shares in the last quarter. Bayforest Capital Ltd bought a new stake in CoStar Group in the first quarter valued at $29,000. GKV Capital Management Co. Inc. acquired a new position in shares of CoStar Group during the first quarter valued at about $31,000. Zions Bancorporation National Association UT bought a new position in shares of CoStar Group during the 1st quarter worth about $31,000. Finally, Pin Oak Investment Advisors Inc. acquired a new stake in shares of CoStar Group in the 1st quarter valued at about $33,000. Institutional investors own 96.60% of the company’s stock.

Insider Activity at CoStar Group

In other news, insider Frederick G. Saint sold 25,000 shares of the stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $90.33, for a total value of $2,258,250.00. Following the completion of the sale, the insider owned 293,103 shares in the company, valued at $26,475,993.99. This represents a 7.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.09% of the stock is currently owned by corporate insiders.

CoStar Group Stock Down 0.3%

CSGP stock opened at $66.81 on Wednesday. The firm has a market capitalization of $28.32 billion, a PE ratio of 1,336.20, a P/E/G ratio of 3.32 and a beta of 0.86. The company has a quick ratio of 5.83, a current ratio of 3.12 and a debt-to-equity ratio of 0.12. CoStar Group, Inc. has a twelve month low of $63.82 and a twelve month high of $97.43. The stock’s 50 day moving average is $77.65 and its 200-day moving average is $81.64.

CoStar Group (NASDAQ:CSGP) last announced its quarterly earnings results on Tuesday, October 28th. The technology company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.04. CoStar Group had a return on equity of 2.45% and a net margin of 0.66%.The business had revenue of $833.60 million during the quarter, compared to the consensus estimate of $823.62 million. During the same quarter in the prior year, the company posted $0.22 earnings per share. CoStar Group’s revenue was up 20.4% compared to the same quarter last year. CoStar Group has set its Q4 2025 guidance at 0.260-0.280 EPS. FY 2025 guidance at 0.820-0.840 EPS. Sell-side analysts expect that CoStar Group, Inc. will post 0.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CSGP has been the topic of a number of research reports. Wolfe Research initiated coverage on CoStar Group in a research note on Wednesday, September 3rd. They set an “outperform” rating and a $105.00 price target on the stock. BTIG Research assumed coverage on CoStar Group in a report on Friday, October 3rd. They set a “neutral” rating for the company. Wells Fargo & Company set a $60.00 target price on CoStar Group and gave the stock an “underweight” rating in a research report on Monday. Robert W. Baird increased their target price on CoStar Group from $100.00 to $105.00 and gave the stock an “outperform” rating in a report on Wednesday, July 23rd. Finally, Citigroup restated a “market outperform” rating on shares of CoStar Group in a research note on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $93.38.

CoStar Group Company Profile

CoStar Group, Inc provides information, analytics, and online marketplace services to the commercial real estate, hospitality, residential, and related professionals industries in the United States, Canada, Europe, the Asia Pacific, and Latin America. The company offers CoStar Property that provides inventory of office, industrial, retail, multifamily, hospitality, and student housing properties and land; CoStar Sales, a robust database of comparable commercial real estate sales transactions; CoStar Market Analytics to view and report on aggregated market and submarket trends; and CoStar Tenant, an online business-to-business prospecting and analytical tool that provides tenant information.