Hantz Financial Services Inc. decreased its position in shares of CoStar Group, Inc. (NASDAQ:CSGP – Free Report) by 20.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 70,445 shares of the technology company’s stock after selling 17,794 shares during the quarter. Hantz Financial Services Inc.’s holdings in CoStar Group were worth $4,737,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently made changes to their positions in the company. Westside Investment Management Inc. grew its holdings in shares of CoStar Group by 100.0% during the third quarter. Westside Investment Management Inc. now owns 360 shares of the technology company’s stock valued at $30,000 after buying an additional 180 shares during the last quarter. Root Financial Partners LLC purchased a new stake in shares of CoStar Group during the third quarter valued at approximately $31,000. Lloyd Advisory Services LLC. purchased a new stake in shares of CoStar Group during the fourth quarter valued at approximately $29,000. Rossby Financial LCC grew its holdings in shares of CoStar Group by 47.5% during 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. Finally, Caitong International Asset Management Co. Ltd grew its holdings in shares of CoStar Group by 25,650.0% during 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. Hedge funds and other institutional investors own 96.60% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of CoStar Group in a report on Friday, March 27th. BTIG Research reiterated a “buy” rating and set a $55.00 price target on shares of CoStar Group in a report on Wednesday, April 29th. Citizens Jmp cut their price target on shares of CoStar Group from $73.00 to $44.00 and set a “market outperform” rating on the stock in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft set a $44.00 price target on shares of CoStar Group in a report on Thursday, April 30th. Finally, Robert W. Baird dropped their target price on shares of CoStar Group from $73.00 to $56.00 and set an “outperform” rating on the stock in a report on Monday, April 13th. Twelve analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, CoStar Group has an average rating of “Moderate Buy” and an average price target of $55.94.
Insider Activity at CoStar Group
In related news, CEO Andrew C. Florance bought 71,430 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were bought at an average price of $35.20 per share, for a total transaction of $2,514,336.00. Following the completion of the acquisition, the chief executive officer owned 1,722,865 shares of the company’s stock, valued at $60,644,848. This trade represents a 4.33% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Louise S. Sams bought 1,000 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The stock was bought at an average price of $48.36 per share, for a total transaction of $48,360.00. Following the acquisition, the director directly owned 20,409 shares of the company’s stock, valued at $986,979.24. The trade was a 5.15% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.09% of the company’s stock.
CoStar Group Stock Performance
Shares of CSGP stock opened at $33.95 on Tuesday. CoStar Group, Inc. has a 12-month low of $31.35 and a 12-month 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 firm’s 50 day moving average is $37.79 and its 200 day moving average is $52.48. The stock has a market capitalization 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.
CoStar Group (NASDAQ:CSGP – Get Free Report) 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. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The company had revenue of $897.00 million for the quarter, compared to analysts’ expectations of $896.73 million. During the same quarter last year, the company posted ($0.04) earnings per share. The firm’s quarterly revenue was up 22.5% on a year-over-year basis. 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. Research analysts expect that CoStar Group, Inc. will post 1.03 earnings per share for the current 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.
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