Fiera Capital Corp Buys 37,010 Shares of CoStar Group, Inc. $CSGP

Fiera Capital Corp increased its stake in CoStar Group, Inc. (NASDAQ:CSGP) by 32.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 151,564 shares of the technology company’s stock after purchasing an additional 37,010 shares during the quarter. Fiera Capital Corp’s holdings in CoStar Group were worth $12,186,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. increased its position in CoStar Group by 4.1% in the first quarter. Vanguard Group Inc. now owns 68,426,711 shares of the technology company’s stock worth $5,421,448,000 after buying an additional 2,709,320 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of CoStar Group by 2.4% during the 2nd quarter. Geode Capital Management LLC now owns 12,357,840 shares of the technology company’s stock worth $989,905,000 after acquiring an additional 290,404 shares during the period. Baillie Gifford & Co. grew its stake 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 worth $668,400,000 after acquiring an additional 524,601 shares during the period. Mizuho Markets Americas LLC purchased a new stake in CoStar Group in the 1st quarter worth about $586,403,000. Finally, Polen Capital Management LLC raised its stake in CoStar Group by 1.6% in 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. Hedge funds and other institutional investors own 96.60% of the company’s stock.

CoStar Group Stock Performance

NASDAQ CSGP opened at $68.53 on Friday. The company’s 50 day simple moving average is $78.93 and its two-hundred day simple moving average is $81.83. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.12 and a quick ratio of 5.83. CoStar Group, Inc. has a 1 year low of $63.82 and a 1 year high of $97.43. The stock has a market capitalization of $29.04 billion, a PE ratio of 1,370.60, a P/E/G ratio of 3.32 and a beta of 0.86.

CoStar Group (NASDAQ:CSGP) last released its quarterly earnings results 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 analysts’ expectations of $823.62 million. During the same quarter in the prior year, the firm posted $0.22 earnings per share. The business’s quarterly 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. Analysts predict that CoStar Group, Inc. will post 0.94 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

CSGP has been the topic of several recent research reports. Citigroup reaffirmed a “market outperform” rating on shares of CoStar Group in a report on Wednesday, October 29th. Robert W. Baird raised their price objective on shares of CoStar Group from $100.00 to $105.00 and gave the stock an “outperform” rating in a report on Wednesday, July 23rd. BTIG Research initiated coverage on shares of CoStar Group in a research note on Friday, October 3rd. They issued a “neutral” rating for the company. Wolfe Research started coverage on CoStar Group in a research report on Wednesday, September 3rd. They set an “outperform” rating and a $105.00 target price on the stock. Finally, 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, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, CoStar Group has a consensus rating of “Moderate Buy” and an average target price of $94.15.

Insider Buying and Selling at CoStar Group

In other CoStar Group news, insider Frederick G. Saint sold 25,000 shares of the firm’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 sale, the insider owned 293,103 shares of the company’s stock, valued at $26,475,993.99. This trade represents a 7.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.09% of the stock is currently owned by 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.