Mizuho Markets Americas LLC Sells 707,100 Shares of CoStar Group, Inc. $CSGP

Mizuho Markets Americas LLC trimmed its holdings in CoStar Group, Inc. (NASDAQ:CSGP) by 13.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 4,416,116 shares of the technology company’s stock after selling 707,100 shares during the period. CoStar Group makes up 5.7% of Mizuho Markets Americas LLC’s holdings, making the stock its 3rd largest holding. Mizuho Markets Americas LLC’s holdings in CoStar Group were worth $296,940,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in CSGP. Westside Investment Management Inc. increased its stake in CoStar Group by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 360 shares of the technology company’s stock worth $30,000 after acquiring an additional 180 shares during the period. Root Financial Partners LLC bought a new stake in shares of CoStar Group during the 3rd quarter valued at $31,000. Lloyd Advisory Services LLC. bought a new stake in shares of CoStar Group during the 4th quarter valued at $29,000. Rossby Financial LCC grew its holdings in shares of CoStar Group by 47.5% during the 3rd quarter. Rossby Financial LCC now owns 503 shares of the technology company’s stock worth $42,000 after purchasing an additional 162 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its holdings in shares of CoStar Group by 25,650.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock worth $43,000 after purchasing an additional 513 shares in the last quarter. 96.60% of the stock is currently owned by institutional investors.

Insider Activity at CoStar Group

In related news, Director Louise S. Sams purchased 1,000 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were bought at an average cost of $48.36 per share, with a total value of $48,360.00. Following the acquisition, the director owned 20,409 shares of the company’s stock, valued at $986,979.24. This trade represents a 5.15% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Andrew C. Florance acquired 71,430 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer owned 1,722,865 shares in the company, valued at $60,644,848. This represents a 4.33% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 1.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Wall Street Zen raised CoStar Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. 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 target price on shares of CoStar Group in a report on Thursday, April 30th. Jefferies Financial Group upgraded 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 report on Friday, February 20th. Finally, BMO Capital Markets cut 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 report on Thursday, February 26th. Twelve investment 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. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $55.94.

CoStar Group Price Performance

Shares of CSGP stock opened at $33.95 on Friday. 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, Inc. has a twelve month low of $31.35 and a twelve month high of $97.43. The company has a market cap of $13.86 billion, a P/E ratio of 565.93, a P/E/G ratio of 0.87 and a beta of 0.75. The business has a fifty day simple moving average of $37.98 and a 200 day simple moving average of $52.85.

CoStar Group (NASDAQ:CSGP) last released its 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. The firm had revenue of $897.00 million for the quarter, compared to analysts’ expectations of $896.73 million. CoStar Group had a return on equity of 2.90% and a net margin of 0.74%.The business’s revenue for the quarter was up 22.5% on a year-over-year basis. During the same quarter in the previous year, the business 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. On average, sell-side analysts forecast 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.