SG Americas Securities LLC Increases Stock Holdings in CoStar Group, Inc. $CSGP

SG Americas Securities LLC grew its stake in shares of CoStar Group, Inc. (NASDAQ:CSGPFree Report) by 15.9% during the first quarter, Holdings Channel reports. The firm owned 272,347 shares of the technology company’s stock after purchasing an additional 37,454 shares during the period. SG Americas Securities LLC’s holdings in CoStar Group were worth $10,986,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Reflection Asset Management purchased a new position in shares of CoStar Group in the 4th quarter valued at $27,000. Lloyd Advisory Services LLC. acquired a new position in CoStar Group in the fourth quarter valued at $29,000. Caitong International Asset Management Co. Ltd boosted its stake 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 valued at $43,000 after acquiring an additional 513 shares in the last quarter. JPL Wealth Management LLC purchased a new position in shares of CoStar Group during the third quarter worth about $48,000. Finally, DV Equities LLC purchased a new position in shares of CoStar Group during the fourth quarter worth about $40,000. Institutional investors and hedge funds own 96.60% of the company’s stock.

Insider Buying and Selling at CoStar Group

In related news, CEO Andrew C. Florance bought 71,430 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were acquired at an average price of $35.20 per share, with a total value of $2,514,336.00. Following the completion of the acquisition, the chief executive officer owned 1,722,865 shares in the company, valued at approximately $60,644,848. This trade represents a 4.33% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.18% of the company’s stock.

CoStar Group Price Performance

Shares of NASDAQ:CSGP opened at $30.25 on Friday. CoStar Group, Inc. has a one year low of $28.54 and a one year high of $97.43. The stock has a market capitalization of $12.35 billion, a price-to-earnings ratio of 504.25, a PEG ratio of 0.74 and a beta of 0.72. The company has a 50-day simple moving average of $33.64 and a 200-day simple moving average of $46.56. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.20 and a current ratio of 2.20.

CoStar Group (NASDAQ:CSGPGet Free Report) last released its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.05. The firm had revenue of $897.00 million for the quarter, compared to analyst estimates of $896.73 million. CoStar Group had a return on equity of 2.90% and a net margin of 0.74%.The business’s revenue was up 22.5% on a year-over-year basis. During the same quarter last year, the company posted ($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. On average, analysts predict that CoStar Group, Inc. will post 1.03 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on CSGP. Wells Fargo & Company set a $26.00 target price on CoStar Group and gave the stock an “underweight” rating in a research report on Wednesday. Robert W. Baird dropped their price target on CoStar Group from $73.00 to $56.00 and set an “outperform” rating on the stock in a research note on Monday, April 13th. The Goldman Sachs Group set a $46.00 price target on CoStar Group and gave the stock a “buy” rating in a research report on Thursday. Benchmark started coverage on CoStar Group in a research note on Thursday, June 4th. They issued a “buy” rating and a $45.00 price objective for the company. Finally, Citigroup decreased their price objective on CoStar Group from $100.00 to $70.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. Thirteen equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $54.50.

View Our Latest Report on CSGP

CoStar Group Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for CoStar Group (NASDAQ:CSGP)

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