Stephens Investment Management Group LLC Has $74.97 Million Stock Position in CoStar Group, Inc. $CSGP

Stephens Investment Management Group LLC grew its position in CoStar Group, Inc. (NASDAQ:CSGP) by 45.5% during the fourth quarter, HoldingsChannel reports. The firm owned 1,114,972 shares of the technology company’s stock after buying an additional 348,460 shares during the period. Stephens Investment Management Group LLC’s holdings in CoStar Group were worth $74,971,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of CoStar Group by 1.8% in 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 last quarter. State Street Corp boosted its stake in shares of CoStar Group by 3.1% in 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 last quarter. Baillie Gifford & Co. boosted its stake in shares of CoStar Group by 56.9% in 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 last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of CoStar Group by 12.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 7,406,788 shares of the technology company’s stock valued at $624,911,000 after purchasing an additional 821,111 shares during the last quarter. Finally, Capital Research Global Investors boosted its stake in shares of CoStar Group by 27.0% in 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 last quarter. 96.60% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other CoStar Group news, Director Louise S. Sams acquired 1,000 shares of the company’s stock in a transaction on Friday, March 6th. The shares were purchased at an average cost of $48.36 per share, with a total value of $48,360.00. Following the completion of the purchase, the director owned 20,409 shares of the company’s stock, valued at approximately $986,979.24. This represents a 5.15% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Andrew C. Florance acquired 71,430 shares of the company’s stock in a transaction on Friday, May 1st. The stock was acquired at an average cost of $35.20 per share, for a total transaction of $2,514,336.00. Following the completion of the purchase, the chief executive officer directly owned 1,722,865 shares of the company’s stock, valued at approximately $60,644,848. This represents a 4.33% increase in their position. The SEC filing for this purchase provides additional information. 1.09% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Stephens reduced their price objective on shares of CoStar Group from $50.00 to $42.00 and set an “overweight” rating on the stock in a research note on Monday, May 4th. Wells Fargo & Company reduced their price objective on shares of CoStar Group from $40.00 to $33.00 and set an “underweight” rating on the stock in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft set a $44.00 price objective on shares of CoStar Group in a research note on Thursday, April 30th. Royal Bank Of Canada reduced their price objective on shares of CoStar Group from $75.00 to $57.00 and set a “sector perform” rating on the stock in a research note on Wednesday, February 25th. Finally, Wall Street Zen raised shares of CoStar Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Twelve investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $58.12.

CoStar Group Stock Up 2.6%

Shares of NASDAQ CSGP opened at $32.68 on Friday. The firm has a market cap of $13.35 billion, a PE ratio of 544.76, a P/E/G ratio of 0.84 and a beta of 0.75. CoStar Group, Inc. has a 12-month low of $31.35 and a 12-month high of $97.43. The company’s fifty day simple moving average is $39.35 and its 200 day simple moving average is $54.23. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.13.

CoStar Group (NASDAQ:CSGP) last issued its earnings results 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 business had revenue of $897.00 million for the quarter, compared to analyst estimates of $896.73 million. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. CoStar Group’s revenue was up 22.5% on a year-over-year basis. During the same period in the prior year, the firm earned ($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. As a group, sell-side analysts forecast that CoStar Group, Inc. will post 1.03 earnings per share for the current fiscal 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.