ProShare Advisors LLC Increases Holdings in CoStar Group, Inc. $CSGP

ProShare Advisors LLC raised its stake in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 37.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 753,672 shares of the technology company’s stock after buying an additional 206,207 shares during the quarter. ProShare Advisors LLC’s holdings in CoStar Group were worth $50,677,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Westside Investment Management Inc. raised its holdings in CoStar Group by 100.0% in the third quarter. Westside Investment Management Inc. now owns 360 shares of the technology company’s stock worth $30,000 after buying an additional 180 shares during the last quarter. Root Financial Partners LLC purchased a new position in CoStar Group in the third quarter worth about $31,000. Rossby Financial LCC raised its holdings in 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 buying an additional 162 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in CoStar Group by 25,650.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock worth $43,000 after buying an additional 513 shares during the last quarter. Finally, Zions Bancorporation National Association UT raised its holdings in CoStar Group by 41.8% in 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. Hedge funds and other institutional investors own 96.60% of the company’s stock.

CoStar Group Stock Up 1.8%

CSGP opened at $33.80 on Wednesday. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.13. The firm has a 50 day moving average price of $38.74 and a 200-day moving average price of $53.48. CoStar Group, Inc. has a twelve month low of $31.35 and a twelve month high of $97.43. The stock has a market capitalization of $13.80 billion, a price-to-earnings ratio of 563.43, a PEG ratio of 0.85 and a beta of 0.75.

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

Insiders Place Their Bets

In other news, CEO Andrew C. Florance acquired 71,430 shares of CoStar Group stock in a transaction that occurred 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 transaction, the chief executive officer owned 1,722,865 shares in the company, valued at $60,644,848. The trade was a 4.33% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Louise S. Sams acquired 1,000 shares of CoStar Group stock in a transaction that occurred on Friday, March 6th. The shares were purchased at an average price of $48.36 per share, with a total value of $48,360.00. Following the transaction, the director owned 20,409 shares of the company’s stock, valued at $986,979.24. The trade was a 5.15% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.09% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on CSGP shares. Stephens decreased their target price on shares of CoStar Group from $50.00 to $42.00 and set an “overweight” rating for the company in a report on Monday, May 4th. BTIG Research restated a “buy” rating and issued a $55.00 price target on shares of CoStar Group in a research note on Wednesday, April 29th. Wells Fargo & Company decreased their price target on CoStar Group from $40.00 to $33.00 and set an “underweight” rating for the company in a research note on Thursday, April 30th. Weiss Ratings restated a “sell (d)” rating on shares of CoStar Group in a research note on Friday, March 27th. Finally, Deutsche Bank Aktiengesellschaft set a $44.00 price target on CoStar Group in a research note on Thursday, April 30th. Twelve analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $55.94.

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.