Corient Private Wealth LLC Sells 25,361 Shares of CoStar Group, Inc. $CSGP

Corient Private Wealth LLC decreased its stake in CoStar Group, Inc. (NASDAQ:CSGP) by 22.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 87,000 shares of the technology company’s stock after selling 25,361 shares during the quarter. Corient Private Wealth LLC’s holdings in CoStar Group were worth $5,850,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Reflection Asset Management purchased a new stake in shares of CoStar Group in the fourth quarter valued at $27,000. Lloyd Advisory Services LLC. purchased a new position in shares of CoStar Group during the 4th quarter worth about $29,000. Caitong International Asset Management Co. Ltd grew its holdings in CoStar Group by 25,650.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock valued at $43,000 after purchasing an additional 513 shares during the last quarter. JPL Wealth Management LLC bought a new position in CoStar Group during the 3rd quarter valued at about $48,000. Finally, DV Equities LLC purchased a new stake in CoStar Group in the 4th quarter worth about $40,000. Institutional investors own 96.60% of the company’s stock.

Insider Buying and Selling

In other news, CEO Andrew C. Florance bought 71,430 shares of the firm’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 transaction, the chief executive officer directly 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 acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.18% of the stock is owned by insiders.

Analysts Set New Price Targets

CSGP has been the subject of several analyst reports. Weiss Ratings reissued a “sell (d)” rating on shares of CoStar Group in a research note on Friday, March 27th. Benchmark began coverage on CoStar Group in a research note on Thursday, June 4th. They set a “buy” rating and a $45.00 target price on the stock. The Goldman Sachs Group set a $46.00 price target on CoStar Group and gave the stock a “buy” rating in a report on Thursday. Citigroup decreased their price target on CoStar Group from $100.00 to $70.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Finally, William Blair reaffirmed an “outperform” rating on shares of CoStar Group in a research report on Tuesday, March 3rd. Thirteen equities research 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. According to MarketBeat.com, CoStar Group has a consensus rating of “Moderate Buy” and a consensus target price of $54.50.

CoStar Group Price Performance

Shares of CSGP stock opened at $28.64 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.20 and a quick ratio of 2.20. The company has a market capitalization of $11.70 billion, a P/E ratio of 477.41, a P/E/G ratio of 0.77 and a beta of 0.72. The company’s 50-day simple moving average is $33.82 and its two-hundred day simple moving average is $46.68. CoStar Group, Inc. has a one year low of $28.54 and a one year high of $97.43.

CoStar Group (NASDAQ:CSGP) last issued its earnings results on Tuesday, April 28th. The technology company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.05. The business had revenue of $897.00 million for the quarter, compared to analyst estimates of $896.73 million. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The company’s quarterly revenue was up 22.5% compared to the same quarter last year. During the same period 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. As a group, equities analysts anticipate that CoStar Group, Inc. will post 1.03 EPS for the current 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.