CoStar Group, Inc. $CSGP Shares Acquired by Edgestream Partners L.P.

Edgestream Partners L.P. grew its stake in CoStar Group, Inc. (NASDAQ:CSGP) by 370.9% in the first quarter, Holdings Channel.com reports. The firm owned 74,431 shares of the technology company’s stock after acquiring an additional 58,626 shares during the quarter. Edgestream Partners L.P.’s holdings in CoStar Group were worth $3,003,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CSGP. Integrated Wealth Concepts LLC grew its holdings in CoStar Group by 9.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,789 shares of the technology company’s stock valued at $379,000 after buying an additional 426 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of CoStar Group by 727.5% during the 1st quarter. NewEdge Advisors LLC now owns 1,473 shares of the technology company’s stock worth $117,000 after acquiring an additional 1,295 shares during the period. Jones Financial Companies Lllp raised its holdings in shares of CoStar Group by 860.7% during the 1st quarter. Jones Financial Companies Lllp now owns 12,691 shares of the technology company’s stock worth $1,006,000 after acquiring an additional 11,370 shares during the period. Empowered Funds LLC boosted its position in shares of CoStar Group by 9.2% during the 1st quarter. Empowered Funds LLC now owns 7,941 shares of the technology company’s stock valued at $629,000 after acquiring an additional 666 shares during the last quarter. Finally, Woodline Partners LP boosted its position in shares of CoStar Group by 44.6% during the 1st quarter. Woodline Partners LP now owns 35,604 shares of the technology company’s stock valued at $2,821,000 after acquiring an additional 10,984 shares during the last quarter. Institutional investors and hedge funds own 96.60% of the company’s stock.

Key Stories Impacting CoStar Group

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

• Positive Sentiment: CoStar’s second-quarter revenue increased 18.4% year over year, while adjusted earnings of $0.32 per share exceeded the $0.29 consensus estimate. The company also highlighted record revenue growth and maintained third-quarter and full-year 2026 earnings guidance. CoStar Group Q2 2026 Earnings Call Highlights
• Positive Sentiment: Zacks identified CoStar as a potentially attractive long-term growth stock, suggesting its growth profile and Style Scores remain supportive despite recent momentum concerns. Why CoStar Group Is a Top Growth Stock for the Long-Term
• Neutral Sentiment: CoStar data showed UK regional office construction starts fell below 5 million square feet in the second quarter, a 20-year low, while London dominated development. The report reinforces CoStar’s value as a real estate data provider, but weak office construction reflects challenging conditions for parts of the property market. CoStar Data Shows London Dominates UK Office Development
• Negative Sentiment: William Blair, Keefe, Bruyette & Woods and other analysts lowered their ratings, while JPMorgan cut its price target to $52, Citizens JMP reduced its target to $35, and BTIG issued a pessimistic forecast. The changes signal diminishing confidence in the near-term upside. Analyst Rating and Price Target Updates
• Negative Sentiment: Investor concerns include slower momentum, uncertainty around future earnings growth, soft guidance and the departure of Chief Financial Officer Scott Wheeler. CoStar’s quarterly revenue also came in slightly below consensus, and its high price-to-earnings ratio leaves the stock sensitive to any further slowdown. CoStar Group Near-Term Earnings Growth Uncertainty

CoStar Group Stock Performance

NASDAQ CSGP opened at $28.76 on Friday. The stock has a fifty day simple moving average of $30.55 and a 200-day simple moving average of $40.14. The company has a current ratio of 2.21, a quick ratio of 2.20 and a debt-to-equity ratio of 0.13. The stock has a market cap of $11.65 billion, a PE ratio of 151.38, a P/E/G ratio of 0.76 and a beta of 0.74. CoStar Group, Inc. has a twelve month low of $25.89 and a twelve month high of $97.43.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.03. CoStar Group had a net margin of 2.08% and a return on equity of 3.74%. The firm had revenue of $925.00 million for the quarter, compared to analyst estimates of $928.81 million. During the same period in the previous year, the firm earned $0.17 EPS. CoStar Group’s revenue was up 18.4% on a year-over-year basis. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. Equities analysts anticipate that CoStar Group, Inc. will post 1.06 earnings per share for the current year.

Analyst Ratings Changes

CSGP has been the subject of several recent analyst reports. Royal Bank Of Canada set a $34.00 price objective on shares of CoStar Group and gave the stock a “sector perform” rating in a research report on Monday, July 13th. Stephens decreased their target price on shares of CoStar Group from $50.00 to $42.00 and set an “overweight” rating on the stock in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft set a $44.00 price target on shares of CoStar Group in a research note on Thursday, April 30th. Wall Street Zen downgraded shares of CoStar Group from a “buy” rating to a “hold” rating in a report on Sunday. Finally, Weiss Ratings restated a “sell (d)” rating on shares of CoStar Group in a report on Wednesday, June 24th. Nine analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $41.61.

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.