CoStar Group, Inc. $CSGP Stock Holdings Raised by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. increased its holdings in CoStar Group, Inc. (NASDAQ:CSGP) by 100.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 245,184 shares of the technology company’s stock after buying an additional 122,776 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in CoStar Group were worth $16,486,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its stake in CoStar Group by 1.8% during the 3rd quarter. Vanguard Group Inc. now owns 70,056,441 shares of the technology company’s stock valued at $5,910,662,000 after purchasing an additional 1,208,958 shares during the period. State Street Corp boosted its stake in CoStar Group by 3.1% during the 3rd quarter. State Street Corp now owns 18,284,128 shares of the technology company’s stock valued at $1,542,632,000 after purchasing an additional 551,160 shares during the period. Baillie Gifford & Co. boosted its stake in CoStar Group by 56.9% during the 4th 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 during the period. Capital Research Global Investors boosted its stake in CoStar Group by 27.0% during the 3rd quarter. Capital Research Global Investors now owns 4,993,854 shares of the technology company’s stock valued at $421,330,000 after purchasing an additional 1,062,452 shares during the period. Finally, Invesco Ltd. boosted its stake in CoStar Group by 2.2% during the 3rd quarter. Invesco Ltd. now owns 4,537,343 shares of the technology company’s stock valued at $382,816,000 after purchasing an additional 98,879 shares during the period. 96.60% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other CoStar Group news, Director Louise S. Sams bought 1,000 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was bought at an average cost of $48.36 per share, with a total value of $48,360.00. Following the completion of the transaction, the director directly owned 20,409 shares of the company’s stock, valued at approximately $986,979.24. The trade was a 5.15% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Andrew C. Florance acquired 71,430 shares of the firm’s 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 owned 1,722,865 shares in the company, valued at $60,644,848. This trade represents a 4.33% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 1.09% of the company’s stock.

Analyst Ratings Changes

CSGP has been the subject of a number of analyst reports. Keefe, Bruyette & Woods reduced their target price on shares of CoStar Group from $57.00 to $50.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. JPMorgan Chase & Co. reduced their target price on shares of CoStar Group from $82.00 to $70.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Needham & Company LLC reduced their target price on shares of CoStar Group from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Zacks Research raised shares of CoStar Group from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. Finally, BMO Capital Markets reduced their price target on shares of CoStar Group from $72.00 to $53.00 and set a “market perform” rating for the company in a research note on Thursday, February 26th. Twelve research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, CoStar Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $55.94.

CoStar Group Stock Up 1.8%

NASDAQ CSGP opened at $33.80 on Wednesday. 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 company’s 50 day simple moving average is $38.74 and its 200 day simple moving average is $53.48. CoStar Group, Inc. has a 12 month low of $31.35 and a 12 month high of $97.43. The company has a market capitalization of $13.80 billion, a P/E ratio of 563.43, a PEG ratio of 0.85 and a beta of 0.75.

CoStar Group (NASDAQ:CSGP) 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 business had revenue of $897.00 million for the quarter, compared to analyst estimates of $896.73 million. During the same quarter in the previous year, the business earned ($0.04) earnings per share. The firm’s revenue 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. Equities research analysts expect that CoStar Group, Inc. will post 1.03 earnings per share for the current fiscal year.

CoStar Group 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.