Focus Partners Wealth Has $56.56 Million Stock Holdings in CoStar Group, Inc. $CSGP

Focus Partners Wealth lessened its position in CoStar Group, Inc. (NASDAQ:CSGP) by 15.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 841,115 shares of the technology company’s stock after selling 156,838 shares during the quarter. Focus Partners Wealth’s holdings in CoStar Group were worth $56,557,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of CSGP. Integrated Wealth Concepts LLC increased its position in shares of CoStar Group by 9.8% in the first quarter. Integrated Wealth Concepts LLC now owns 4,789 shares of the technology company’s stock valued at $379,000 after acquiring an additional 426 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of CoStar Group by 727.5% in the first quarter. NewEdge Advisors LLC now owns 1,473 shares of the technology company’s stock valued at $117,000 after acquiring an additional 1,295 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of CoStar Group by 860.7% in the first quarter. Jones Financial Companies Lllp now owns 12,691 shares of the technology company’s stock valued at $1,006,000 after acquiring an additional 11,370 shares during the last quarter. Empowered Funds LLC increased its position in shares of CoStar Group by 9.2% in the first quarter. Empowered Funds LLC now owns 7,941 shares of the technology company’s stock valued at $629,000 after acquiring an additional 666 shares during the last quarter. Finally, Woodline Partners LP increased its position in shares of CoStar Group by 44.6% in the first quarter. Woodline Partners LP now owns 35,604 shares of the technology company’s stock valued at $2,821,000 after acquiring an additional 10,984 shares during the last quarter. Institutional investors and hedge funds own 96.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Bank of America lowered their target price on CoStar Group from $42.00 to $37.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 19th. Citizens Jmp lowered their target price on CoStar Group from $73.00 to $44.00 and set a “market outperform” rating on the stock in a research report on Wednesday, April 29th. Zacks Research raised CoStar Group from a “strong sell” rating to a “hold” rating in a research report on Monday, March 9th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CoStar Group in a research report on Friday, March 27th. Finally, William Blair reaffirmed an “outperform” rating on shares of CoStar Group in a research report on Tuesday, March 3rd. Thirteen investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, CoStar Group presently has an average rating of “Moderate Buy” and a consensus target price of $55.33.

CoStar Group Price Performance

Shares of NASDAQ CSGP opened at $32.04 on Tuesday. The business’s 50 day moving average price is $35.17 and its two-hundred day moving average price is $48.83. The company has a market cap of $13.08 billion, a PE ratio of 534.09, a price-to-earnings-growth ratio of 0.84 and a beta of 0.72. 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, Inc. has a twelve month low of $31.35 and a twelve month high of $97.43.

CoStar Group (NASDAQ:CSGP) last announced its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.23 earnings per share 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 the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the business 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. On average, analysts predict that CoStar Group, Inc. will post 1.03 EPS for the current year.

Insiders Place Their Bets

In other CoStar Group news, CEO Andrew C. Florance purchased 71,430 shares of the stock in a transaction on Friday, May 1st. The shares were purchased at an average price of $35.20 per share, with a total value of $2,514,336.00. Following the completion of the transaction, the chief executive officer directly owned 1,722,865 shares in the company, valued at $60,644,848. This represents a 4.33% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.18% of the stock is currently owned by company insiders.

CoStar Group Company 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.