CoStar Group, Inc. $CSGP Shares Sold by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC decreased its position in CoStar Group, Inc. (NASDAQ:CSGPFree Report) by 52.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 40,343 shares of the technology company’s stock after selling 43,691 shares during the quarter. Motley Fool Asset Management LLC’s holdings in CoStar Group were worth $2,713,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. ING Groep NV raised its stake in CoStar Group by 1,950.5% in the 3rd quarter. ING Groep NV now owns 128,052 shares of the technology company’s stock valued at $10,804,000 after purchasing an additional 121,807 shares during the last quarter. Douglas Lane & Associates LLC raised its stake in CoStar Group by 4.3% in the 4th quarter. Douglas Lane & Associates LLC now owns 683,061 shares of the technology company’s stock valued at $45,929,000 after purchasing an additional 28,279 shares during the last quarter. American Century Companies Inc. raised its stake in CoStar Group by 682.3% in the 3rd quarter. American Century Companies Inc. now owns 551,523 shares of the technology company’s stock valued at $46,532,000 after purchasing an additional 481,024 shares during the last quarter. NEOS Investment Management LLC raised its stake in CoStar Group by 72.6% in the 3rd quarter. NEOS Investment Management LLC now owns 215,694 shares of the technology company’s stock valued at $18,198,000 after purchasing an additional 90,758 shares during the last quarter. Finally, CIBC Bancorp USA Inc. acquired a new position in CoStar Group in the 3rd quarter valued at about $15,629,000. Institutional investors and hedge funds own 96.60% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the company. Stephens lowered their price target on CoStar Group from $50.00 to $42.00 and set an “overweight” rating for the company in a report on Monday, May 4th. Royal Bank Of Canada decreased their price target on CoStar Group from $75.00 to $57.00 and set a “sector perform” rating for the company in a report on Wednesday, February 25th. Weiss Ratings restated a “sell (d)” rating on shares of CoStar Group in a report on Friday, March 27th. Bank of America reduced their target price on CoStar Group from $42.00 to $37.00 and set a “neutral” rating for the company in a research note on Tuesday, May 19th. Finally, Needham & Company LLC reduced their target price on CoStar Group from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Thirteen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $55.33.

Get Our Latest Analysis on CSGP

Insider Transactions at CoStar Group

In other news, CEO Andrew C. Florance bought 71,430 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were purchased at an average cost of $35.20 per share, with a total value of $2,514,336.00. Following the completion of the acquisition, the chief executive officer directly owned 1,722,865 shares in the company, valued at approximately $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 the SEC website. 1.09% of the stock is currently owned by insiders.

CoStar Group Price Performance

Shares of CSGP opened at $34.23 on Thursday. The firm has a market capitalization of $13.98 billion, a price-to-earnings ratio of 570.60, a price-to-earnings-growth ratio of 0.87 and a beta of 0.72. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.20 and a current ratio of 2.20. CoStar Group, Inc. has a one year low of $31.35 and a one year high of $97.43. The stock’s fifty day moving average is $35.62 and its 200-day moving average is $49.58.

CoStar Group (NASDAQ:CSGPGet Free Report) last issued its quarterly 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. The company had revenue of $897.00 million for the quarter, compared to analyst estimates of $896.73 million. CoStar Group had a return on equity of 2.90% and a net margin of 0.74%.The company’s quarterly revenue was up 22.5% compared to the same quarter last year. During the same period last year, the company earned ($0.04) earnings per share. 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. Equities analysts anticipate that CoStar Group, Inc. will post 1.03 EPS for the current year.

CoStar Group Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for CoStar Group (NASDAQ:CSGP)

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