Clearbridge Investments LLC Lowers Stock Position in CoStar Group, Inc. $CSGP

Clearbridge Investments LLC lowered its position in CoStar Group, Inc. (NASDAQ:CSGP) by 4.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 382,138 shares of the technology company’s stock after selling 16,975 shares during the period. Clearbridge Investments LLC owned about 0.09% of CoStar Group worth $25,695,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in CSGP. Lloyd Advisory Services LLC. bought a new position in CoStar Group during the fourth quarter valued at about $29,000. Rossby Financial LCC boosted its position in shares of CoStar Group by 47.5% in the third 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 period. Caitong International Asset Management Co. Ltd boosted its position in shares of 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 during the period. Zions Bancorporation National Association UT boosted its position in shares of CoStar Group by 41.8% in the third quarter. Zions Bancorporation National Association UT now owns 563 shares of the technology company’s stock valued at $48,000 after acquiring an additional 166 shares during the period. Finally, JPL Wealth Management LLC purchased a new stake in CoStar Group in the third quarter valued at approximately $48,000. Hedge funds and other institutional investors own 96.60% of the company’s stock.

CoStar Group Stock Performance

Shares of CSGP stock opened at $33.93 on Wednesday. CoStar Group, Inc. has a 12 month low of $31.35 and a 12 month high of $97.43. The stock has a market cap of $13.86 billion, a PE ratio of 565.59, a price-to-earnings-growth ratio of 0.86 and a beta of 0.72. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.13. The company’s fifty day moving average price is $35.75 and its 200-day moving average price is $49.80.

CoStar Group (NASDAQ:CSGP) last announced 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 company had revenue of $897.00 million for 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%. CoStar Group’s revenue was up 22.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.04) EPS. 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.

Analyst Ratings Changes

CSGP has been the topic of a number of recent analyst reports. Bank of America lowered their target price on shares of CoStar Group from $42.00 to $37.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 19th. Wells Fargo & Company decreased their target price on shares of CoStar Group from $40.00 to $33.00 and set an “underweight” rating on the stock in a research note on Thursday, April 30th. The Goldman Sachs Group decreased their target price on shares of CoStar Group from $63.00 to $54.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Zacks Research raised shares of CoStar Group from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. Finally, Needham & Company LLC decreased their target price on shares of CoStar Group from $60.00 to $50.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Thirteen analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, CoStar Group currently has a consensus rating of “Moderate Buy” and an average target price of $55.33.

Insider Transactions at CoStar Group

In related news, CEO Andrew C. Florance acquired 71,430 shares of the business’s stock in a transaction on Friday, May 1st. The stock was acquired at an average cost of $35.20 per share, with a total value of $2,514,336.00. Following the acquisition, 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 position. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 1.09% of the company’s stock.

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.