EagleClaw Capital Managment LLC increased its stake in CoStar Group, Inc. (NASDAQ:CSGP – Free Report) by 136.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,850 shares of the technology company’s stock after purchasing an additional 19,550 shares during the quarter. EagleClaw Capital Managment LLC’s holdings in CoStar Group were worth $2,856,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Quent Capital LLC acquired a new position in CoStar Group during the 3rd quarter valued at about $26,000. Manning & Napier Advisors LLC bought a new position in shares of CoStar Group in the third quarter valued at approximately $28,000. Westside Investment Management Inc. increased its stake in shares of CoStar Group by 100.0% during the third quarter. Westside Investment Management Inc. now owns 360 shares of the technology company’s stock valued at $30,000 after acquiring an additional 180 shares during the period. Root Financial Partners LLC acquired a new position in shares of CoStar Group during the third quarter valued at approximately $31,000. Finally, SJS Investment Consulting Inc. raised its holdings in CoStar Group by 3,046.2% during the third quarter. SJS Investment Consulting Inc. now owns 409 shares of the technology company’s stock worth $35,000 after purchasing an additional 396 shares in the last quarter. Institutional investors own 96.60% of the company’s stock.
Insider Transactions at CoStar Group
In other CoStar Group news, Director Louise S. Sams acquired 1,000 shares of CoStar Group stock in a transaction that occurred on Friday, March 6th. The stock was purchased at an average cost of $48.36 per share, with a total value of $48,360.00. Following the purchase, the director owned 20,409 shares in the company, valued at approximately $986,979.24. The trade was a 5.15% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.09% of the company’s stock.
Analyst Ratings Changes
View Our Latest Stock Analysis on CSGP
CoStar Group Stock Up 0.6%
Shares of NASDAQ:CSGP opened at $43.63 on Friday. The firm has a 50 day simple moving average of $54.31 and a 200 day simple moving average of $67.82. CoStar Group, Inc. has a 52 week low of $42.94 and a 52 week high of $97.43. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.84 and a current ratio of 2.84. The company has a market cap of $18.32 billion, a PE ratio of 4,367.37, a price-to-earnings-growth ratio of 1.17 and a beta of 0.89.
CoStar Group (NASDAQ:CSGP – Get Free Report) last posted its quarterly earnings data on Tuesday, February 24th. The technology company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.04. The firm had revenue of $900.00 million for the quarter, compared to analysts’ expectations of $892.22 million. CoStar Group had a net margin of 0.23% and a return on equity of 2.53%. The company’s quarterly revenue was up 26.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.26 EPS. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. As a group, research analysts expect that CoStar Group, Inc. will post 0.94 earnings per share for the current year.
CoStar Group declared that its Board of Directors has approved a share buyback plan on Wednesday, January 7th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the technology company to repurchase up to 5.3% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.
CoStar Group 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.
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