Prudential PLC trimmed its position in shares of CoStar Group, Inc. (NASDAQ:CSGP – Free Report) by 84.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 26,124 shares of the technology company’s stock after selling 141,868 shares during the quarter. Prudential PLC’s holdings in CoStar Group were worth $1,757,000 at the end of the most recent reporting period.
Several other hedge funds have also recently modified their holdings of CSGP. Integrated Wealth Concepts LLC increased its holdings in shares of CoStar Group by 9.8% during the first quarter. Integrated Wealth Concepts LLC now owns 4,789 shares of the technology company’s stock valued at $379,000 after acquiring an additional 426 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of CoStar Group by 727.5% during the first quarter. NewEdge Advisors LLC now owns 1,473 shares of the technology company’s stock valued at $117,000 after acquiring an additional 1,295 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of CoStar Group by 860.7% during the first quarter. Jones Financial Companies Lllp now owns 12,691 shares of the technology company’s stock valued at $1,006,000 after acquiring an additional 11,370 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of CoStar Group by 9.2% during the first quarter. Empowered Funds LLC now owns 7,941 shares of the technology company’s stock valued at $629,000 after acquiring an additional 666 shares in the last quarter. Finally, Woodline Partners LP increased its holdings in CoStar Group by 44.6% in the 1st quarter. Woodline Partners LP now owns 35,604 shares of the technology company’s stock worth $2,821,000 after buying an additional 10,984 shares during the period. Institutional investors and hedge funds own 96.60% of the company’s stock.
Insider Transactions at CoStar Group
In related news, CEO Andrew C. Florance purchased 71,430 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were purchased at an average price of $35.20 per share, with a total value of $2,514,336.00. Following the purchase, the chief executive officer owned 1,722,865 shares of the company’s stock, valued at $60,644,848. The trade was a 4.33% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.09% of the company’s stock.
Analysts Set New Price Targets
View Our Latest Research Report on CSGP
CoStar Group Price Performance
Shares of NASDAQ CSGP opened at $33.89 on Monday. The stock has a market capitalization of $13.84 billion, a price-to-earnings ratio of 564.93, a PEG ratio of 0.87 and a beta of 0.72. CoStar Group, Inc. has a 12 month low of $31.35 and a 12 month high of $97.43. The firm’s 50 day simple moving average is $36.02 and its 200-day simple moving average is $50.26. 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 – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.05. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The firm had revenue of $897.00 million for the quarter, compared to analysts’ expectations of $896.73 million. During the same quarter last year, the company earned ($0.04) EPS. The firm’s revenue for the quarter was up 22.5% compared to the same quarter last year. 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. Analysts expect that CoStar Group, Inc. will post 1.03 EPS for the current year.
About CoStar Group
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.
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