Key Points
- Director Louise Sams bought 1,000 shares at an average price of $48.36 on March 6, increasing her holding to 20,409 shares (a 5.15% rise) as disclosed in an SEC filing.
- CoStar beat quarterly estimates, reporting $0.31 EPS vs $0.27 expected and $900 million revenue (up 26.9% year-over-year), and set Q1 2026 guidance of $0.160–$0.190 EPS.
- Board approved a $1.5 billion buyback (about 5.3% of shares outstanding), while analysts maintain a "Moderate Buy" consensus with an average price target of $73.35.
CoStar Group, Inc. (NASDAQ:CSGP - Get Free Report) Director Louise Sams purchased 1,000 shares of the firm's stock in a transaction that occurred on Friday, March 6th. The stock was purchased at an average price of $48.36 per share, with a total value of $48,360.00. Following the completion of the purchase, the director directly owned 20,409 shares of the company's stock, valued at approximately $986,979.24. This represents a 5.15% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.
CoStar Group Trading Up 0.1%
Shares of NASDAQ CSGP opened at $48.42 on Tuesday. The stock's 50 day moving average price is $56.10 and its two-hundred day moving average price is $68.95. CoStar Group, Inc. has a 52-week low of $43.16 and a 52-week high of $97.43. The stock has a market capitalization of $20.33 billion, a P/E ratio of 4,846.85, a PEG ratio of 1.30 and a beta of 0.90. The company has a quick ratio of 2.84, a current ratio of 2.84 and a debt-to-equity ratio of 0.12.
CoStar Group (NASDAQ:CSGP - Get Free Report) last released its earnings results on Tuesday, February 24th. The technology company reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.27 by $0.04. The company had revenue of $900.00 million for the quarter, compared to the consensus estimate of $892.22 million. CoStar Group had a return on equity of 2.53% and a net margin of 0.23%.CoStar Group's quarterly revenue was up 26.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.26 EPS. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. On average, analysts anticipate that CoStar Group, Inc. will post 0.94 earnings per share for the current fiscal year.
CoStar Group announced that its board has initiated a stock buyback plan on Wednesday, January 7th that permits the company to buyback $1.50 billion in outstanding shares. This buyback authorization permits the technology company to purchase up to 5.3% of its shares through open market purchases. Shares buyback plans are often an indication that the company's management believes its stock is undervalued.
Institutional Investors Weigh In On CoStar Group
Several large investors have recently added to or reduced their stakes in CSGP. Integrated Wealth Concepts LLC grew its position in shares of CoStar Group by 9.8% during the first quarter. Integrated Wealth Concepts LLC now owns 4,789 shares of the technology company's stock worth $379,000 after acquiring an additional 426 shares during the last quarter. NewEdge Advisors LLC lifted its position in CoStar Group by 727.5% in the 1st quarter. NewEdge Advisors LLC now owns 1,473 shares of the technology company's stock valued at $117,000 after purchasing an additional 1,295 shares during the last quarter. Jones Financial Companies Lllp lifted its position in CoStar Group by 860.7% in the 1st quarter. Jones Financial Companies Lllp now owns 12,691 shares of the technology company's stock valued at $1,006,000 after purchasing an additional 11,370 shares during the last quarter. Empowered Funds LLC boosted its stake in CoStar Group by 9.2% during the 1st quarter. Empowered Funds LLC now owns 7,941 shares of the technology company's stock valued at $629,000 after purchasing an additional 666 shares during the period. Finally, Woodline Partners LP grew its position in CoStar Group by 44.6% in the 1st quarter. Woodline Partners LP now owns 35,604 shares of the technology company's stock worth $2,821,000 after purchasing an additional 10,984 shares during the last quarter. 96.60% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several analysts have weighed in on CSGP shares. Citigroup reiterated a "market outperform" rating on shares of CoStar Group in a research note on Thursday, January 8th. Keefe, Bruyette & Woods reduced their price target on shares of CoStar Group from $75.00 to $70.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft set a $68.00 price target on shares of CoStar Group in a report on Thursday, January 8th. Robert W. Baird set a $73.00 price objective on shares of CoStar Group in a research report on Wednesday, February 25th. Finally, BMO Capital Markets dropped their price objective on shares of CoStar Group from $72.00 to $53.00 and set a "market perform" rating on the stock in a research note on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $73.35.
View Our Latest Analysis on CoStar Group
CoStar Group Company Profile
(
Get 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.
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