Empowered Funds LLC Has $1.65 Million Stock Holdings in CoStar Group, Inc. $CSGP

Empowered Funds LLC grew its position in CoStar Group, Inc. (NASDAQ:CSGP) by 329.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 40,987 shares of the technology company’s stock after buying an additional 31,446 shares during the period. Empowered Funds LLC’s holdings in CoStar Group were worth $1,653,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Douglas Lane & Associates LLC grew its position in shares of CoStar Group by 4.3% in the 4th quarter. Douglas Lane & Associates LLC now owns 683,061 shares of the technology company’s stock valued at $45,929,000 after purchasing an additional 28,279 shares during the period. Barclays PLC raised its holdings in CoStar Group by 83.4% during the 4th quarter. Barclays PLC now owns 2,321,700 shares of the technology company’s stock worth $156,111,000 after buying an additional 1,055,584 shares during the period. Envestnet Portfolio Solutions Inc. lifted its stake in CoStar Group by 100.3% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 245,184 shares of the technology company’s stock valued at $16,486,000 after buying an additional 122,776 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of CoStar Group by 22.6% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 210,095 shares of the technology company’s stock valued at $14,127,000 after buying an additional 38,715 shares during the period. Finally, Baillie Gifford & Co. boosted its holdings in shares of CoStar Group by 56.9% in the fourth quarter. Baillie Gifford & Co. now owns 12,933,185 shares of the technology company’s stock valued at $869,627,000 after buying an additional 4,691,543 shares during the period. Institutional investors own 96.60% of the company’s stock.

Insider Buying and Selling at CoStar Group

In related news, CEO Andrew C. Florance acquired 83,300 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were bought at an average price of $29.89 per share, for a total transaction of $2,489,837.00. Following the purchase, the chief executive officer directly owned 1,806,165 shares in the company, valued at approximately $53,986,271.85. This trade represents a 4.83% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.18% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Benchmark initiated coverage on shares of CoStar Group in a research note on Thursday, June 4th. They issued a “buy” rating and a $45.00 target price for the company. Royal Bank Of Canada set a $34.00 price target on CoStar Group and gave the company a “sector perform” rating in a research note on Monday, July 13th. Wall Street Zen lowered CoStar Group from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. BTIG Research reduced their price objective on CoStar Group from $55.00 to $42.00 and set a “buy” rating for the company in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. decreased their price objective on CoStar Group from $58.00 to $52.00 and set an “overweight” rating for the company in a report on Wednesday, July 29th. Nine equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $41.61.

CoStar Group Trading Up 2.2%

Shares of NASDAQ:CSGP opened at $30.24 on Friday. The company’s 50-day moving average price is $30.28 and its two-hundred day moving average price is $38.99. CoStar Group, Inc. has a one year low of $25.89 and a one year high of $96.27. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.21 and a quick ratio of 2.21. The stock has a market capitalization of $12.25 billion, a PE ratio of 159.17, a price-to-earnings-growth ratio of 0.78 and a beta of 0.72.

CoStar Group (NASDAQ:CSGP) last announced its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.03. CoStar Group had a return on equity of 3.74% and a net margin of 2.08%.The company had revenue of $925.00 million during the quarter, compared to analysts’ expectations of $928.81 million. During the same quarter last year, the company earned $0.17 EPS. CoStar Group’s revenue for the quarter was up 18.4% compared to the same quarter last year. 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. On average, equities analysts forecast that CoStar Group, Inc. will post 1.06 EPS for the current fiscal year.

CoStar Group Company Profile

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.