Vulcan Value Partners LLC Increases Position in CoStar Group, Inc. $CSGP

Vulcan Value Partners LLC lifted its holdings in CoStar Group, Inc. (NASDAQ:CSGP) by 17.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,485,021 shares of the technology company’s stock after purchasing an additional 653,412 shares during the quarter. CoStar Group accounts for approximately 5.4% of Vulcan Value Partners LLC’s investment portfolio, making the stock its 7th biggest holding. Vulcan Value Partners LLC’s holdings in CoStar Group were worth $301,527,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Enhancing Capital LLC lifted its position in shares of CoStar Group by 2.2% in the third quarter. Enhancing Capital LLC now owns 7,030 shares of the technology company’s stock worth $593,000 after purchasing an additional 150 shares in the last quarter. Rossby Financial LCC lifted its position in shares of CoStar Group by 47.5% in the third quarter. Rossby Financial LCC now owns 503 shares of the technology company’s stock worth $42,000 after purchasing an additional 162 shares in the last quarter. Golden State Wealth Management LLC lifted its position in shares of CoStar Group by 4.8% in the third quarter. Golden State Wealth Management LLC now owns 3,626 shares of the technology company’s stock worth $306,000 after purchasing an additional 166 shares in the last quarter. Zions Bancorporation National Association UT increased its holdings in CoStar Group by 41.8% during the third quarter. Zions Bancorporation National Association UT now owns 563 shares of the technology company’s stock worth $48,000 after buying an additional 166 shares during the last quarter. Finally, United Capital Financial Advisors LLC increased its holdings in CoStar Group by 2.3% during the third quarter. United Capital Financial Advisors LLC now owns 7,545 shares of the technology company’s stock worth $637,000 after buying an additional 167 shares during the last quarter. Institutional investors own 96.60% of the company’s stock.

Insider Buying and Selling at CoStar Group

In related news, Director Louise S. Sams acquired 1,000 shares of the firm’s stock in a transaction on Friday, March 6th. The shares were purchased at an average cost of $48.36 per share, for a total transaction of $48,360.00. Following the completion of the acquisition, the director directly owned 20,409 shares in the company, valued at approximately $986,979.24. This trade represents a 5.15% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Andrew C. Florance acquired 71,430 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was bought at an average price of $35.20 per share, for a total transaction of $2,514,336.00. Following the completion of the acquisition, the chief executive officer owned 1,722,865 shares of the company’s stock, valued at approximately $60,644,848. The trade was a 4.33% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.09% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages recently weighed in on CSGP. The Goldman Sachs Group lowered their target price on shares of CoStar Group from $63.00 to $54.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Keefe, Bruyette & Woods lowered their target price on shares of CoStar Group from $57.00 to $50.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. Citigroup lowered their target price on shares of CoStar Group from $100.00 to $70.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Citizens Jmp lowered their target price on shares of CoStar Group from $73.00 to $44.00 and set a “market outperform” rating on the stock in a report on Wednesday, April 29th. Finally, Wall Street Zen upgraded shares of CoStar Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Twelve research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $55.94.

CoStar Group Price Performance

NASDAQ:CSGP opened at $32.32 on Thursday. CoStar Group, Inc. has a one year low of $31.35 and a one year high of $97.43. The company has a market cap of $13.20 billion, a P/E ratio of 538.76, a P/E/G ratio of 0.84 and a beta of 0.75. The firm’s fifty day moving average price is $37.34 and its two-hundred day moving average price is $51.97. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.20 and a quick ratio of 2.20.

CoStar Group (NASDAQ:CSGP) last released its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.18 by $0.05. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The firm had revenue of $897.00 million for the quarter, compared to the consensus estimate of $896.73 million. During the same period in the previous year, the company earned ($0.04) earnings per share. The company’s quarterly revenue was up 22.5% on a year-over-year basis. CoStar Group has set its Q2 2026 guidance at 0.270-0.300 EPS and its FY 2026 guidance at 1.320-1.390 EPS. Equities analysts expect that CoStar Group, Inc. will post 1.03 earnings per share for the current 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.