Y Intercept Hong Kong Ltd Raises Stock Position in CoStar Group, Inc. $CSGP

Y Intercept Hong Kong Ltd grew its stake in CoStar Group, Inc. (NASDAQ:CSGPFree Report) by 1,367.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 311,918 shares of the technology company’s stock after buying an additional 290,667 shares during the period. Y Intercept Hong Kong Ltd’s holdings in CoStar Group were worth $12,583,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Reflection Asset Management acquired a new stake in CoStar Group during the 4th quarter worth $27,000. Lloyd Advisory Services LLC. acquired a new position in CoStar Group in the fourth quarter valued at $29,000. Caitong International Asset Management Co. Ltd grew its holdings in shares of CoStar Group by 25,650.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock worth $43,000 after purchasing an additional 513 shares during the last quarter. JPL Wealth Management LLC purchased a new position in shares of CoStar Group during the third quarter worth about $48,000. Finally, DV Equities LLC acquired a new stake in shares of CoStar Group during the fourth quarter worth about $40,000. 96.60% of the stock is owned by hedge funds and other institutional investors.

CoStar Group Price Performance

Shares of CSGP opened at $30.00 on Friday. 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 fifty-two week low of $28.18 and a fifty-two week high of $97.43. The firm has a 50-day simple moving average of $32.81 and a 200-day simple moving average of $45.34. The company has a market capitalization of $12.25 billion, a price-to-earnings ratio of 500.08, a price-to-earnings-growth ratio of 0.75 and a beta of 0.74.

CoStar Group (NASDAQ:CSGPGet Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.05. The firm had revenue of $897.00 million for the quarter, compared to analysts’ expectations of $896.73 million. CoStar Group had a return on equity of 2.90% and a net margin of 0.74%.The firm’s revenue for the quarter was up 22.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($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. On average, equities research analysts anticipate that CoStar Group, Inc. will post 1.03 earnings per share for the current year.

CoStar Group News Summary

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

Insider Buying and Selling at CoStar Group

In related news, CEO Andrew C. Florance bought 71,430 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were acquired at an average price of $35.20 per share, with a total value of $2,514,336.00. Following the completion of 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.18% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on CSGP shares. Deutsche Bank Aktiengesellschaft set a $44.00 target price on CoStar Group in a report on Thursday, April 30th. Robert W. Baird reduced their price objective on CoStar Group from $73.00 to $56.00 and set an “outperform” rating for the company in a research note on Monday, April 13th. Citizens Jmp decreased their price objective on CoStar Group from $73.00 to $44.00 and set a “market outperform” rating for the company in a report on Wednesday, April 29th. Stephens lowered their target price on shares of CoStar Group from $50.00 to $42.00 and set an “overweight” rating on the stock in a research report on Monday, May 4th. Finally, Wall Street Zen raised shares of CoStar Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Thirteen equities 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. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $54.50.

View Our Latest Stock Analysis on CSGP

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.

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

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