CoStar Group, Inc. $CSGP Holdings Decreased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. trimmed its position in CoStar Group, Inc. (NASDAQ:CSGP) by 27.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,867 shares of the technology company’s stock after selling 15,367 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in CoStar Group were worth $2,681,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of CoStar Group by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 70,056,441 shares of the technology company’s stock valued at $5,910,662,000 after acquiring an additional 1,208,958 shares during the last quarter. State Street Corp boosted its position in CoStar Group by 3.1% during the 3rd quarter. State Street Corp now owns 18,284,128 shares of the technology company’s stock valued at $1,542,632,000 after purchasing an additional 551,160 shares during the period. Baillie Gifford & Co. boosted its position in CoStar Group by 56.9% during the 4th quarter. Baillie Gifford & Co. now owns 12,933,185 shares of the technology company’s stock valued at $869,627,000 after purchasing an additional 4,691,543 shares during the period. Capital Research Global Investors boosted its position in CoStar Group by 27.0% during the 3rd quarter. Capital Research Global Investors now owns 4,993,854 shares of the technology company’s stock valued at $421,330,000 after purchasing an additional 1,062,452 shares during the period. Finally, Invesco Ltd. boosted its position in CoStar Group by 2.2% during the 3rd quarter. Invesco Ltd. now owns 4,537,343 shares of the technology company’s stock valued at $382,816,000 after purchasing an additional 98,879 shares during the period. 96.60% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on CSGP. Wells Fargo & Company reduced their price objective on CoStar Group from $40.00 to $33.00 and set an “underweight” rating for the company in a research report on Thursday, April 30th. Royal Bank Of Canada reduced their price objective on CoStar Group from $75.00 to $57.00 and set a “sector perform” rating for the company in a research report on Wednesday, February 25th. William Blair restated an “outperform” rating on shares of CoStar Group in a research report on Tuesday, March 3rd. BMO Capital Markets reduced their price objective on CoStar Group from $72.00 to $53.00 and set a “market perform” rating for the company in a research report on Thursday, February 26th. Finally, Robert W. Baird reduced their price objective on CoStar Group from $73.00 to $56.00 and set an “outperform” rating for the company in a research report on Monday, April 13th. 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $55.33.

CoStar Group Stock Up 0.7%

CSGP opened at $33.89 on Friday. CoStar Group, Inc. has a one year low of $31.35 and a one year high of $97.43. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.20 and a current ratio of 2.20. The stock’s fifty day moving average is $36.02 and its 200-day moving average is $50.38. The company has a market capitalization of $13.84 billion, a PE ratio of 564.93, a P/E/G ratio of 0.87 and a beta of 0.72.

CoStar Group (NASDAQ:CSGP) last posted 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 company had revenue of $897.00 million for the quarter, compared to the consensus estimate of $896.73 million. During the same quarter in the previous year, the business earned ($0.04) EPS. The company’s quarterly revenue was up 22.5% compared to the same quarter last year. 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 predict that CoStar Group, Inc. will post 1.03 EPS for the current fiscal year.

Insider Activity at CoStar Group

In other news, CEO Andrew C. Florance acquired 71,430 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were bought at an average price of $35.20 per share, with a total value of $2,514,336.00. Following the purchase, 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 ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.09% of the company’s stock.

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.