CoStar Group, Inc. $CSGP Shares Sold by SG Capital Management LLC

SG Capital Management LLC lessened its stake in CoStar Group, Inc. (NASDAQ:CSGP) by 89.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 94,737 shares of the technology company’s stock after selling 845,418 shares during the quarter. SG Capital Management LLC’s holdings in CoStar Group were worth $7,993,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of CSGP. CenterBook Partners LP bought a new stake in CoStar Group in the third quarter valued at about $912,000. Maridea Wealth Management LLC acquired a new position in shares of CoStar Group in the 3rd quarter worth approximately $1,242,000. Crestwood Advisors Group LLC increased its holdings in shares of CoStar Group by 15.2% in the 3rd quarter. Crestwood Advisors Group LLC now owns 2,931 shares of the technology company’s stock valued at $247,000 after acquiring an additional 386 shares during the last quarter. NEOS Investment Management LLC raised its position in shares of CoStar Group by 72.6% during the 3rd quarter. NEOS Investment Management LLC now owns 215,694 shares of the technology company’s stock valued at $18,198,000 after acquiring an additional 90,758 shares in the last quarter. Finally, Merit Financial Group LLC lifted its stake in CoStar Group by 12.2% during the third quarter. Merit Financial Group LLC now owns 7,483 shares of the technology company’s stock worth $631,000 after purchasing an additional 813 shares during the last quarter. Institutional investors own 96.60% of the company’s stock.

CoStar Group Price Performance

NASDAQ CSGP opened at $48.94 on Thursday. The company has a 50-day moving average price of $60.98 and a two-hundred day moving average price of $73.11. CoStar Group, Inc. has a 52 week low of $43.80 and a 52 week high of $97.43. The stock has a market cap of $20.74 billion, a price-to-earnings ratio of 978.80, a price-to-earnings-growth ratio of 1.20 and a beta of 0.84. The company has a current ratio of 3.12, a quick ratio of 3.12 and a debt-to-equity ratio of 0.12.

CoStar Group declared that its Board of Directors has initiated a share buyback program on Wednesday, January 7th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the technology company to buy up to 5.3% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board believes its stock is undervalued.

Key CoStar Group News

Here are the key news stories impacting CoStar Group this week:

• Positive Sentiment: CoStar launched a new AI-driven home‑shopping experience on Homes.com, which could boost user engagement, listings monetization and competitive differentiation for its residential franchise. CoStar Group Launches Transformative AI Experience on Homes.com, Redefining the Future of Home Shopping
• Positive Sentiment: Brokerage coverage is constructive: CoStar has a consensus broker rating of “Moderate Buy,” supporting near-term demand for the shares. CoStar Group, Inc. (NASDAQ:CSGP) Given Consensus Rating of “Moderate Buy” by Brokerages
• Positive Sentiment: Media coverage points to these catalysts as drivers of today’s rally — product news, buy-side sentiment and activist-related developments that suggest potential governance changes or strategic pressure. Why is CoStar (CSGP) stock soaring today?
• Neutral Sentiment: CoStar’s U.S. retail property market projections were reported as steady through 2026, implying no major near‑term top‑line shock from retail fundamentals. CoStar’s U.S. Retail Projections Remain Steady Through 2026
• Neutral Sentiment: Wall Street analyst coverage and target‑price surveys show mixed views — analysts expect earnings growth but targets and conviction vary across firms, so upside depends on upcoming results and guidance. What Are Wall Street Analysts’ Target Price for CoStar Group Stock?
• Neutral Sentiment: Short‑interest reporting appears anomalous (showing zero in the recent snapshot), so there’s little clear evidence of a large short squeeze — treat that data point cautiously until clarified by exchanges.
• Negative Sentiment: Zacks warns CoStar may not have the right mix to produce an earnings beat in the upcoming report, which could cap upside if results or guidance disappoint. CoStar Group (CSGP) Reports Next Week: Wall Street Expects Earnings Growth
• Negative Sentiment: Management adjusted a severance plan amid activist investor pressure — governance fights can be a double‑edged sword (potential value unlock vs. near‑term distraction and execution risk). CoStar Tweaks Severance Plan As Activists Press For Governance Shifts

Analyst Upgrades and Downgrades

CSGP has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft set a $68.00 target price on shares of CoStar Group in a research note on Thursday, January 8th. BNP Paribas Exane initiated coverage on shares of CoStar Group in a report on Wednesday, January 14th. They issued a “neutral” rating and a $64.00 price target for the company. Citizens Jmp lowered their price objective on shares of CoStar Group from $100.00 to $78.00 and set a “market outperform” rating for the company in a research report on Thursday, January 8th. Jefferies Financial Group raised shares of CoStar Group to a “hold” rating in a report on Wednesday, October 29th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of CoStar Group in a report on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, CoStar Group has an average rating of “Moderate Buy” and an average target price of $83.13.

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.