Premier Path Wealth Partners LLC Takes Position in CoStar Group, Inc. $CSGP

Premier Path Wealth Partners LLC acquired a new stake in CoStar Group, Inc. (NASDAQ:CSGP) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 2,812 shares of the technology company’s stock, valued at approximately $226,000.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of CoStar Group by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 68,426,711 shares of the technology company’s stock valued at $5,421,448,000 after acquiring an additional 2,709,320 shares during the period. Baillie Gifford & Co. lifted its position in shares of CoStar Group by 6.6% during the 1st quarter. Baillie Gifford & Co. now owns 8,436,199 shares of the technology company’s stock valued at $668,400,000 after acquiring an additional 524,601 shares during the period. Mizuho Markets Americas LLC acquired a new position in shares of CoStar Group during the 1st quarter valued at $586,403,000. Polen Capital Management LLC lifted its position in shares of CoStar Group by 1.6% during the 1st quarter. Polen Capital Management LLC now owns 6,601,800 shares of the technology company’s stock valued at $523,061,000 after acquiring an additional 104,612 shares during the period. Finally, Invesco Ltd. lifted its position in shares of CoStar Group by 1.7% during the 1st quarter. Invesco Ltd. now owns 4,305,556 shares of the technology company’s stock valued at $341,129,000 after acquiring an additional 70,561 shares during the period. 96.60% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Robert W. Baird boosted their target price on shares of CoStar Group from $100.00 to $105.00 and gave the company an “outperform” rating in a research report on Wednesday, July 23rd. Jefferies Financial Group upgraded shares of CoStar Group to a “hold” rating in a research report on Wednesday. Citigroup reiterated a “market outperform” rating on shares of CoStar Group in a research report on Wednesday. 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 report on Wednesday, July 23rd. Finally, Needham & Company LLC upped their price objective on shares of CoStar Group from $98.00 to $105.00 and gave the stock a “buy” rating in a report on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, CoStar Group presently has a consensus rating of “Moderate Buy” and an average target price of $94.15.

CoStar Group Stock Performance

CSGP opened at $68.81 on Friday. The company has a current ratio of 3.12, a quick ratio of 5.83 and a debt-to-equity ratio of 0.12. The company’s fifty day moving average price is $82.65 and its two-hundred day moving average price is $82.58. CoStar Group, Inc. has a 1-year low of $63.82 and a 1-year high of $97.43. The company has a market cap of $29.15 billion, a price-to-earnings ratio of 1,376.20, a PEG ratio of 3.32 and a beta of 0.87.

CoStar Group (NASDAQ:CSGP) last released its quarterly earnings data on Tuesday, October 28th. The technology company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.04. CoStar Group had a net margin of 0.66% and a return on equity of 2.45%. The firm had revenue of $833.60 million for the quarter, compared to the consensus estimate of $823.62 million. During the same quarter in the prior year, the company posted $0.22 earnings per share. The business’s revenue was up 20.4% on a year-over-year basis. CoStar Group has set its Q4 2025 guidance at 0.260-0.280 EPS. FY 2025 guidance at 0.820-0.840 EPS. On average, analysts expect that CoStar Group, Inc. will post 0.94 EPS for the current fiscal year.

Insider Activity at CoStar Group

In other news, insider Frederick G. Saint sold 25,000 shares of the stock in a transaction dated Thursday, August 28th. The shares were 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 owned 293,103 shares in the company, valued at $26,475,993.99. This represents a 7.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.09% of the stock is currently owned by corporate insiders.

CoStar Group Company Profile

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.