Fiera Capital Corp Acquires 116,599 Shares of CoStar Group, Inc. $CSGP

Fiera Capital Corp grew its holdings in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 49.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 350,930 shares of the technology company’s stock after purchasing an additional 116,599 shares during the period. Fiera Capital Corp’s holdings in CoStar Group were worth $23,597,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of CSGP. ING Groep NV raised its stake in CoStar Group by 1,950.5% during the third quarter. ING Groep NV now owns 128,052 shares of the technology company’s stock worth $10,804,000 after buying an additional 121,807 shares during the last quarter. Douglas Lane & Associates LLC raised its stake in CoStar Group by 4.3% during the fourth quarter. Douglas Lane & Associates LLC now owns 683,061 shares of the technology company’s stock worth $45,929,000 after buying an additional 28,279 shares during the last quarter. American Century Companies Inc. raised its stake in CoStar Group by 682.3% during the third quarter. American Century Companies Inc. now owns 551,523 shares of the technology company’s stock worth $46,532,000 after buying an additional 481,024 shares during the last quarter. NEOS Investment Management LLC raised its stake in CoStar Group by 72.6% during the third quarter. NEOS Investment Management LLC now owns 215,694 shares of the technology company’s stock worth $18,198,000 after buying an additional 90,758 shares during the last quarter. Finally, CIBC Bancorp USA Inc. bought a new position in CoStar Group during the third quarter worth $15,629,000. Institutional investors own 96.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CSGP. Jefferies Financial Group raised shares of CoStar Group from a “hold” rating to a “buy” rating and set a $67.00 target price for the company in a research note on Friday, February 20th. Wall Street Zen raised shares of CoStar Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Robert W. Baird lowered their target price on shares of CoStar Group from $73.00 to $56.00 and set an “outperform” rating for the company in a research note on Monday, April 13th. Keefe, Bruyette & Woods lowered 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. Finally, JPMorgan Chase & Co. lowered 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. Thirteen equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $55.33.

Insiders Place Their Bets

In related news, CEO Andrew C. Florance purchased 71,430 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was purchased at an average cost of $35.20 per share, with a total value of $2,514,336.00. Following the completion of the purchase, 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 acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.09% of the company’s stock.

CoStar Group Trading Down 1.5%

CSGP opened at $33.39 on Tuesday. CoStar Group, Inc. has a 1-year low of $31.35 and a 1-year high of $97.43. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.13. The company has a market cap of $13.64 billion, a P/E ratio of 556.59, a price-to-earnings-growth ratio of 0.87 and a beta of 0.72. The company has a fifty day moving average price of $35.87 and a two-hundred day moving average price of $50.03.

CoStar Group (NASDAQ:CSGP) last posted its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.23 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $896.73 million. During the same period in the previous year, the firm posted ($0.04) earnings per share. The business’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. Analysts predict that CoStar Group, Inc. will post 1.03 EPS 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.