NFJ Investment Group LLC Reduces Stock Position in CoStar Group, Inc. $CSGP

NFJ Investment Group LLC lessened its holdings in CoStar Group, Inc. (NASDAQ:CSGP) by 58.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 42,415 shares of the technology company’s stock after selling 58,810 shares during the quarter. NFJ Investment Group LLC’s holdings in CoStar Group were worth $2,852,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of CSGP. Lloyd Advisory Services LLC. purchased a new position in CoStar Group in the fourth quarter valued at $29,000. IFP Advisors Inc increased its holdings in CoStar Group by 329.4% in the fourth quarter. IFP Advisors Inc now owns 614 shares of the technology company’s stock valued at $41,000 after buying an additional 471 shares during the last quarter. Rossby Financial LCC increased its holdings in CoStar Group by 47.5% in the third quarter. Rossby Financial LCC now owns 503 shares of the technology company’s stock valued at $42,000 after buying an additional 162 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in CoStar Group by 25,650.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock valued at $43,000 after buying an additional 513 shares during the last quarter. Finally, Zions Bancorporation National Association UT increased its holdings in CoStar Group by 41.8% in the third quarter. Zions Bancorporation National Association UT now owns 563 shares of the technology company’s stock valued at $48,000 after buying an additional 166 shares during the last quarter. Hedge funds and other institutional investors own 96.60% of the company’s stock.

Analysts Set New Price Targets

CSGP has been the topic of several recent analyst reports. Weiss Ratings reissued a “sell (d)” rating on shares of CoStar Group in a report on Friday, March 27th. The Goldman Sachs Group dropped their target price on CoStar Group from $63.00 to $54.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Citigroup dropped their target price on CoStar Group from $100.00 to $70.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Stephens dropped their target price on CoStar Group from $50.00 to $42.00 and set an “overweight” rating on the stock in a report on Monday, May 4th. Finally, Citizens Jmp dropped their target price on CoStar Group from $73.00 to $44.00 and set a “market outperform” rating on the stock in a report on Wednesday, April 29th. Thirteen investment 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. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $55.33.

Insider Activity

In other news, CEO Andrew C. Florance acquired 71,430 shares of the company’s stock in a transaction 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 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. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.18% of the company’s stock.

CoStar Group Stock Performance

Shares of CSGP stock opened at $32.84 on Monday. The stock’s 50-day moving average is $35.33 and its two-hundred day moving average is $49.09. The firm has a market cap of $13.41 billion, a price-to-earnings ratio of 547.42, a PEG ratio of 0.84 and a beta of 0.72. CoStar Group, Inc. has a 1 year low of $31.35 and a 1 year high of $97.43. 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 (NASDAQ:CSGP) last issued its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business’s quarterly revenue was up 22.5% compared to the same quarter last year. During the same quarter last year, the company posted ($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. Analysts predict that CoStar Group, Inc. will post 1.03 earnings per share for the current year.

CoStar Group Company 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.