CoStar Group, Inc. $CSGP Stock Holdings Lifted by Inspire Investing LLC

Inspire Investing LLC raised its stake in shares of CoStar Group, Inc. (NASDAQ:CSGPFree Report) by 3.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 44,012 shares of the technology company’s stock after buying an additional 1,637 shares during the period. Inspire Investing LLC’s holdings in CoStar Group were worth $3,539,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of CSGP. Farther Finance Advisors LLC boosted its holdings in shares of CoStar Group by 42.4% in the first quarter. Farther Finance Advisors LLC now owns 1,210 shares of the technology company’s stock worth $96,000 after buying an additional 360 shares during the period. Kingswood Wealth Advisors LLC bought a new position in CoStar Group during the first quarter worth $221,000. Generate Investment Management Ltd bought a new position in CoStar Group during the second quarter worth $6,306,000. PFG Investments LLC acquired a new stake in CoStar Group during the first quarter worth $234,000. Finally, Golden State Wealth Management LLC boosted its stake in CoStar Group by 6.3% during the first quarter. Golden State Wealth Management LLC now owns 3,385 shares of the technology company’s stock worth $268,000 after buying an additional 200 shares in the last quarter. Institutional investors and hedge funds own 96.60% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on CSGP. BMO Capital Markets boosted their target price on shares of CoStar Group from $82.00 to $89.00 and gave the company a “market perform” rating in a research note on Wednesday, July 23rd. William Blair reaffirmed an “outperform” rating on shares of CoStar Group in a report on Wednesday, July 23rd. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $91.00 price target on shares of CoStar Group in a report on Thursday. BTIG Research assumed coverage on CoStar Group in a report on Friday, October 3rd. They issued a “neutral” rating for the company. Finally, Wells Fargo & Company reaffirmed an “underweight” rating and issued a $70.00 price target (up from $65.00) on shares of CoStar Group in a report on Wednesday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $94.15.

Read Our Latest Report on CoStar Group

CoStar Group Stock Performance

Shares of NASDAQ:CSGP opened at $75.58 on Friday. The stock has a market capitalization of $32.02 billion, a P/E ratio of 302.32, a P/E/G ratio of 3.57 and a beta of 0.87. CoStar Group, Inc. has a 1-year low of $68.26 and a 1-year high of $97.43. The company has a current ratio of 5.83, a quick ratio of 5.83 and a debt-to-equity ratio of 0.12. The business has a 50-day moving average price of $87.58 and a two-hundred day moving average price of $82.80.

CoStar Group (NASDAQ:CSGPGet Free Report) last announced its quarterly earnings results on Tuesday, July 22nd. The technology company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. The company had revenue of $781.30 million during the quarter, compared to analysts’ expectations of $772.06 million. CoStar Group had a return on equity of 2.88% and a net margin of 3.57%.CoStar Group’s revenue was up 15.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.15 EPS. CoStar Group has set its FY 2025 guidance at 0.780-0.800 EPS. Q3 2025 guidance at 0.150-0.17 EPS. Equities analysts predict that CoStar Group, Inc. will post 0.94 earnings per share for the current year.

Insider Transactions at CoStar Group

In other news, insider Frederick G. Saint sold 25,000 shares of the company’s stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $90.33, for a total value of $2,258,250.00. Following the completion of the sale, the insider directly owned 293,103 shares of the company’s stock, valued at $26,475,993.99. This represents a 7.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Cynthia Cammett Cann sold 2,033 shares of the business’s stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $92.85, for a total value of $188,764.05. Following the completion of the transaction, the chief accounting officer owned 25,771 shares of the company’s stock, valued at $2,392,837.35. This represents a 7.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 52,033 shares of company stock valued at $4,777,764. 1.09% of the stock is currently owned by company insiders.

About CoStar Group

(Free Report)

CoStar Group, Inc provides information, analytics, and online marketplace services to the commercial real estate, hospitality, residential, and related professionals industries in the United States, Canada, Europe, the Asia Pacific, and Latin America. The company offers CoStar Property that provides inventory of office, industrial, retail, multifamily, hospitality, and student housing properties and land; CoStar Sales, a robust database of comparable commercial real estate sales transactions; CoStar Market Analytics to view and report on aggregated market and submarket trends; and CoStar Tenant, an online business-to-business prospecting and analytical tool that provides tenant information.

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Institutional Ownership by Quarter for CoStar Group (NASDAQ:CSGP)

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