CoStar Group, Inc. $CSGP Stock Holdings Decreased by Van ECK Associates Corp

Van ECK Associates Corp lessened its stake in CoStar Group, Inc. (NASDAQ:CSGP) by 11.5% during the second quarter, HoldingsChannel.com reports. The firm owned 3,078,903 shares of the technology company’s stock after selling 399,823 shares during the period. Van ECK Associates Corp’s holdings in CoStar Group were worth $87,195,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Reflection Asset Management bought a new stake in CoStar Group in the fourth quarter valued at about $27,000. Lloyd Advisory Services LLC. bought a new position in CoStar Group during the 4th quarter worth approximately $29,000. Transamerica Financial Advisors LLC acquired a new position in shares of CoStar Group in the 2nd quarter worth approximately $33,000. DV Equities LLC acquired a new position in shares of CoStar Group in the 4th quarter worth approximately $40,000. Finally, IFP Advisors Inc increased its holdings in shares of CoStar Group by 329.4% in the 4th quarter. IFP Advisors Inc now owns 614 shares of the technology company’s stock valued at $41,000 after acquiring an additional 471 shares during the last quarter. Institutional investors own 96.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on CSGP shares. Weiss Ratings reissued a “sell (d)” rating on shares of CoStar Group in a research report on Wednesday, June 24th. Citigroup lowered shares of CoStar Group from a “market outperform” rating to a “neutral” rating and lowered their target price for the company from $70.00 to $33.00 in a research note on Wednesday, July 29th. Citizens Jmp dropped their target price on shares of CoStar Group from $44.00 to $35.00 and set a “market outperform” rating on the stock in a report on Wednesday, July 29th. JPMorgan Chase & Co. reduced their price target on shares of CoStar Group from $58.00 to $52.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 29th. Finally, BTIG Research decreased their price target on shares of CoStar Group from $55.00 to $42.00 and set a “buy” rating for the company in a report on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, CoStar Group currently has an average rating of “Hold” and a consensus price target of $40.11.

CoStar Group Stock Up 2.8%

Shares of CoStar Group stock opened at $32.22 on Friday. The stock has a market capitalization of $13.06 billion, a price-to-earnings ratio of 169.59, a PEG ratio of 0.85 and a beta of 0.72. CoStar Group, Inc. has a twelve month low of $25.89 and a twelve month high of $91.89. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.13. The business’s 50 day simple moving average is $30.10 and its 200-day simple moving average is $35.97.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. CoStar Group had a return on equity of 3.74% and a net margin of 2.08%.The firm had revenue of $925.00 million during the quarter, compared to the consensus estimate of $928.81 million. During the same period in the prior year, the business earned $0.17 EPS. The firm’s revenue was up 18.4% on a year-over-year basis. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. Equities research analysts forecast that CoStar Group, Inc. will post 1.06 earnings per share for the current year.

Insider Buying and Selling at CoStar Group

In other news, CEO Andrew C. Florance purchased 83,300 shares of the stock in a transaction dated Tuesday, August 4th. The stock was acquired at an average price of $29.89 per share, for a total transaction of $2,489,837.00. Following the completion of the transaction, the chief executive officer owned 1,806,165 shares of the company’s stock, valued at approximately $53,986,271.85. The trade was a 4.83% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Cynthia Cammett Cann sold 4,788 shares of the company’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $30.78, for a total transaction of $147,374.64. Following the transaction, the chief accounting officer owned 18,822 shares of the company’s stock, valued at $579,341.16. This represents a 20.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.18% of the company’s stock.

About CoStar Group

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.