Vanderbilt University decreased its position in shares of CoStar Group, Inc. (NASDAQ:CSGP – Free Report) by 42.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,753 shares of the technology company’s stock after selling 53,507 shares during the quarter. CoStar Group comprises 0.6% of Vanderbilt University’s holdings, making the stock its 25th largest holding. Vanderbilt University’s holdings in CoStar Group were worth $2,975,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Reflection Asset Management acquired a new stake in CoStar Group in the 4th quarter valued at $27,000. Lloyd Advisory Services LLC. bought a new stake in CoStar Group during the 4th quarter valued at $29,000. DV Equities LLC acquired a new position in CoStar Group during the fourth quarter worth $40,000. IFP Advisors Inc raised its holdings in CoStar Group by 329.4% during the fourth quarter. IFP Advisors Inc now owns 614 shares of the technology company’s stock worth $41,000 after buying an additional 471 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its stake in shares of 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 in the last quarter. 96.60% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
CSGP has been the subject of a number of analyst reports. Weiss Ratings reiterated a “sell (d)” rating on shares of CoStar Group in a report on Friday, March 27th. BTIG Research restated a “buy” rating and issued a $55.00 target price on shares of CoStar Group in a report on Wednesday, April 29th. William Blair reaffirmed an “outperform” rating on shares of CoStar Group in a research report on Tuesday, March 3rd. Deutsche Bank Aktiengesellschaft set a $44.00 price target on CoStar Group in a research note on Thursday, April 30th. Finally, Keefe, Bruyette & Woods decreased their price objective on CoStar Group from $57.00 to $50.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Thirteen analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $54.94.
CoStar Group Price Performance
Shares of NASDAQ:CSGP opened at $29.84 on Thursday. 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 stock has a market cap of $12.19 billion, a PE ratio of 497.50, a price-to-earnings-growth ratio of 0.78 and a beta of 0.72. The stock’s fifty day simple moving average is $34.00 and its two-hundred day simple moving average is $46.96. CoStar Group, Inc. has a 1-year low of $29.08 and a 1-year high of $97.43.
CoStar Group (NASDAQ:CSGP – Get Free Report) last posted 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 firm had revenue of $897.00 million during 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%. The business’s revenue was up 22.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.04) EPS. 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, analysts forecast that CoStar Group, Inc. will post 1.03 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, CEO Andrew C. Florance acquired 71,430 shares of CoStar Group stock in a transaction on Friday, May 1st. The stock was acquired at an average cost of $35.20 per share, with a total value of $2,514,336.00. Following the transaction, the chief executive officer owned 1,722,865 shares of the company’s stock, valued at approximately $60,644,848. This trade represents a 4.33% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.18% of the company’s stock.
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.
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