118,041 Shares in CoStar Group, Inc. $CSGP Purchased by Clearline Capital LP

Clearline Capital LP acquired a new position in CoStar Group, Inc. (NASDAQ:CSGP) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 118,041 shares of the technology company’s stock, valued at approximately $7,937,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Lloyd Advisory Services LLC. acquired a new stake in CoStar Group in the 4th quarter valued at about $29,000. DV Equities LLC acquired a new stake in CoStar Group in the 4th quarter valued at about $40,000. IFP Advisors Inc lifted its holdings in CoStar Group by 329.4% in the 4th quarter. IFP Advisors Inc now owns 614 shares of the technology company’s stock valued at $41,000 after acquiring an additional 471 shares during the last quarter. Rossby Financial LCC lifted its holdings in CoStar Group by 47.5% in the 3rd quarter. Rossby Financial LCC now owns 503 shares of the technology company’s stock valued at $42,000 after acquiring an additional 162 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in CoStar Group by 25,650.0% in the 3rd 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 during the last quarter. 96.60% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Andrew C. Florance acquired 71,430 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were purchased 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. This represents a 4.33% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.18% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on CSGP shares. Bank of America cut their price target on shares of CoStar Group from $42.00 to $37.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. BMO Capital Markets cut their price target on shares of CoStar Group from $72.00 to $53.00 and set a “market perform” rating for the company in a report on Thursday, February 26th. William Blair reissued an “outperform” rating on shares of CoStar Group in a report on Tuesday, March 3rd. Citigroup cut their price target on shares of CoStar Group from $100.00 to $70.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. Finally, Jefferies Financial Group raised shares of CoStar Group from a “hold” rating to a “buy” rating and set a $67.00 price target for the company in a report on Friday, February 20th. Thirteen 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. Based on data from MarketBeat.com, CoStar Group currently has an average rating of “Moderate Buy” and a consensus target price of $55.33.

CoStar Group Trading Down 4.7%

Shares of NASDAQ:CSGP opened at $30.46 on Thursday. The firm has a fifty day moving average of $34.79 and a two-hundred day moving average of $48.31. The firm has a market capitalization of $12.44 billion, a P/E ratio of 507.75, a price-to-earnings-growth ratio of 0.82 and a beta of 0.72. CoStar Group, Inc. has a 12-month low of $30.38 and a 12-month high of $97.43. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.13.

CoStar Group (NASDAQ:CSGP) last released its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.05. CoStar Group had a return on equity of 2.90% and a net margin of 0.74%.The firm had revenue of $897.00 million for the quarter, compared to the consensus estimate of $896.73 million. During the same quarter in the prior year, the company posted ($0.04) earnings per share. The firm’s 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. On average, equities analysts expect that CoStar Group, Inc. will post 1.03 EPS for the current fiscal year.

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.