2,500 Shares in CoStar Group, Inc. $CSGP Acquired by Flossbach Von Storch SE

Flossbach Von Storch SE bought a new stake in CoStar Group, Inc. (NASDAQ:CSGP) during the 2nd quarter, Holdings Channel.com reports. The firm bought 2,500 shares of the technology company’s stock, valued at approximately $201,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Rossby Financial LCC boosted its stake in shares of CoStar Group by 315.9% in the 2nd quarter. Rossby Financial LCC now owns 341 shares of the technology company’s stock valued at $27,000 after purchasing an additional 259 shares during the last quarter. Bayforest Capital Ltd acquired a new position in CoStar Group in the first quarter valued at $29,000. GKV Capital Management Co. Inc. bought a new stake in CoStar Group during the first quarter valued at $31,000. Zions Bancorporation National Association UT bought a new position in shares of CoStar Group in the 1st quarter worth about $31,000. Finally, Cullen Frost Bankers Inc. raised its position in shares of CoStar Group by 137.4% in the 1st quarter. Cullen Frost Bankers Inc. now owns 406 shares of the technology company’s stock worth $32,000 after acquiring an additional 235 shares in the last quarter. Institutional investors own 96.60% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on CSGP. Wells Fargo & Company reaffirmed an “underweight” rating and set a $70.00 target price (up previously from $65.00) on shares of CoStar Group in a research note on Wednesday, July 16th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $91.00 price objective on shares of CoStar Group in a research report on Thursday, October 9th. JPMorgan Chase & Co. lifted their price objective on shares of CoStar Group from $87.00 to $101.00 and gave the company an “overweight” rating in a research note on Wednesday, July 23rd. Jefferies Financial Group raised shares of CoStar Group to a “hold” rating in a research note on Wednesday, October 29th. Finally, Robert W. Baird lifted their price target on shares of CoStar Group from $100.00 to $105.00 and gave the company an “outperform” rating in a research note on Wednesday, July 23rd. One 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 assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $94.15.

Insiders Place Their Bets

In related news, insider Frederick G. Saint sold 25,000 shares of the firm’s 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 transaction, the insider owned 293,103 shares of the company’s stock, valued at approximately $26,475,993.99. This trade represents a 7.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.09% of the company’s stock.

CoStar Group Price Performance

Shares of CSGP opened at $67.52 on Friday. The business’s fifty day moving average is $80.56 and its 200 day moving average is $82.23. CoStar Group, Inc. has a 12-month low of $63.82 and a 12-month high of $97.43. The company has a quick ratio of 5.83, a current ratio of 3.12 and a debt-to-equity ratio of 0.12. The stock has a market cap of $28.62 billion, a P/E ratio of 1,350.40, a P/E/G ratio of 3.32 and a beta of 0.86.

CoStar Group (NASDAQ:CSGP) last announced its quarterly earnings results on Tuesday, October 28th. The technology company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. CoStar Group had a net margin of 0.66% and a return on equity of 2.45%. The business had revenue of $833.60 million during the quarter, compared to analyst estimates of $823.62 million. During the same quarter in the previous year, the business posted $0.22 EPS. CoStar Group’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. Sell-side analysts anticipate that CoStar Group, Inc. will post 0.94 earnings per share for the current fiscal year.

CoStar Group 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.