49,200 Shares in CoStar Group, Inc. $CSGP Purchased by Louisiana State Employees Retirement System

Posted by Geri Gentry on Jul 1st, 2026

Louisiana State Employees Retirement System acquired a new stake in CoStar Group, Inc. (NASDAQ:CSGP – Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The fund acquired 49,200 shares of the technology company’s stock, valued at approximately $1,985,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Norges Bank purchased a new position in CoStar Group in the 4th quarter valued at approximately $476,765,000. Baillie Gifford & Co. grew its position in shares of CoStar Group by 56.9% in the fourth quarter. Baillie Gifford & Co. now owns 12,933,185 shares of the technology company’s stock valued at $869,627,000 after purchasing an additional 4,691,543 shares in the last quarter. Capital International Investors grew its position in shares of CoStar Group by 59.7% in the fourth quarter. Capital International Investors now owns 10,842,010 shares of the technology company’s stock valued at $729,020,000 after purchasing an additional 4,053,456 shares in the last quarter. Viking Global Investors LP bought a new stake in shares of CoStar Group during the 2nd quarter valued at $258,773,000. Finally, Goldman Sachs Group Inc. raised its stake in shares of CoStar Group by 70.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 3,751,312 shares of the technology company’s stock valued at $252,238,000 after purchasing an additional 1,556,100 shares during the period. Institutional investors own 96.60% of the company’s stock.

Insider Activity

In other CoStar Group news, CEO Andrew C. Florance bought 71,430 shares of CoStar Group stock in a transaction that occurred on Friday, May 1st. The shares were bought at an average price of $35.20 per share, with a total value of $2,514,336.00. Following the acquisition, the chief executive officer owned 1,722,865 shares in the company, valued at approximately $60,644,848. This trade represents a 4.33% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.18% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CSGP. Zacks Research upgraded CoStar Group from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. Bank of America cut their price objective on shares of CoStar Group from $42.00 to $37.00 and set a “neutral” rating for the company in a research report on Tuesday, May 19th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CoStar Group in a research note on Wednesday, June 24th. BTIG Research reaffirmed a “buy” rating and set a $55.00 target price on shares of CoStar Group in a report on Wednesday, April 29th. Finally, Keefe, Bruyette & Woods lowered their target price on shares of CoStar Group from $57.00 to $50.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 29th. Thirteen equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $54.50.

View Our Latest Report on CoStar Group

CoStar Group Trading Down 3.4%

Shares of CSGP opened at $28.32 on Wednesday. CoStar Group, Inc. has a 1-year low of $28.18 and a 1-year high of $97.43. The company has a market capitalization of $11.56 billion, a P/E ratio of 472.08, a P/E/G ratio of 0.75 and a beta of 0.72. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.20 and a quick ratio of 2.20. The firm’s 50 day simple moving average is $33.20 and its 200 day simple moving average is $45.88.

CoStar Group (NASDAQ:CSGP – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.05. The firm had revenue of $897.00 million for the quarter, compared to analyst estimates of $896.73 million. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The business’s revenue for the quarter was up 22.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.04) EPS. 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. Sell-side analysts forecast that CoStar Group, Inc. will post 1.03 earnings per share for the current fiscal year.

CoStar Group 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.