Three Seasons Wealth LLC Acquires 18,858 Shares of CoStar Group, Inc. $CSGP

Three Seasons Wealth LLC increased its holdings in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 242.2% in the 1st quarter, Holdings Channel.com reports. The firm owned 26,644 shares of the technology company’s stock after acquiring an additional 18,858 shares during the quarter. Three Seasons Wealth LLC’s holdings in CoStar Group were worth $1,075,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in CSGP. Sanctuary Advisors LLC lifted its holdings in shares of CoStar Group by 53.7% during the first quarter. Sanctuary Advisors LLC now owns 37,300 shares of the technology company’s stock worth $1,505,000 after buying an additional 13,029 shares during the last quarter. Checchi Capital Advisers LLC boosted its position in shares of CoStar Group by 22.9% in the first quarter. Checchi Capital Advisers LLC now owns 5,061 shares of the technology company’s stock valued at $204,000 after acquiring an additional 943 shares during the period. Mattern Capital Management LLC grew its stake in shares of CoStar Group by 19.9% in the first quarter. Mattern Capital Management LLC now owns 19,745 shares of the technology company’s stock worth $797,000 after acquiring an additional 3,282 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of CoStar Group by 0.7% in the first quarter. Principal Financial Group Inc. now owns 17,696,192 shares of the technology company’s stock worth $713,866,000 after acquiring an additional 130,118 shares during the last quarter. Finally, Chicago Partners Investment Group LLC grew its stake in shares of CoStar Group by 6.6% in the first quarter. Chicago Partners Investment Group LLC now owns 17,954 shares of the technology company’s stock worth $696,000 after acquiring an additional 1,113 shares during the last quarter. Institutional investors own 96.60% of the company’s stock.

Insider Activity

In other CoStar Group news, CEO Andrew C. Florance acquired 71,430 shares of CoStar Group stock in a transaction dated Friday, May 1st. The stock was bought 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 owned 1,722,865 shares of the company’s stock, valued at approximately $60,644,848. The trade was a 4.33% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.18% of the company’s stock.

CoStar Group Stock Performance

CSGP opened at $28.49 on Thursday. The stock’s 50 day simple moving average is $31.57 and its 200-day simple moving average is $43.02. 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 stock has a market cap of $11.63 billion, a PE ratio of 474.91, a P/E/G ratio of 0.71 and a beta of 0.74. CoStar Group, Inc. has a 1 year low of $26.68 and a 1 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 the consensus estimate 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 during the quarter, compared to analysts’ expectations of $896.73 million. During the same period last year, the business earned ($0.04) earnings per share. CoStar Group’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. Sell-side analysts forecast that CoStar Group, Inc. will post 1.03 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Citizens Jmp cut their target price on shares of CoStar Group from $73.00 to $44.00 and set a “market outperform” rating for the company in a research note on Wednesday, April 29th. Wells Fargo & Company set a $26.00 price target on shares of CoStar Group and gave the stock an “underweight” rating in a research report on Wednesday, June 24th. Keefe, Bruyette & Woods decreased their price target on shares of CoStar Group from $50.00 to $41.00 and set an “outperform” rating on the stock in a research report on Monday. Citigroup dropped their price objective on shares of CoStar Group from $100.00 to $70.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Finally, Wall Street Zen lowered shares of CoStar Group from a “buy” rating to a “hold” rating in a research report on Sunday. Twelve investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $51.50.

Trending Headlines about CoStar Group

Here are the key news stories impacting CoStar Group this week:

• Negative Sentiment: Robert W. Baird downgraded CoStar Group to Neutral from Outperform and reduced its price target, signaling less near-term confidence in the stock’s upside. Baird Downgrades CoStar Group (CSGP) to Neutral
• Negative Sentiment: CoStar announced that CFO Christian Lown will step down at the end of July and be replaced by Robin Rossmann, adding uncertainty around execution and margin expansion plans. CoStar Group promotes Robin Rossmann chief financial officer drive margin expansion
• Neutral Sentiment: Market commentary said CoStar’s recent move was also tied to investors waiting for the company’s next earnings report and updated management commentary later this month. CoStar Group slides as CFO transition and analyst downgrade pressure shares
• Neutral Sentiment: Separate analyst coverage remained mixed, with RBC Capital reiterating a Hold rating on CoStar Group. RBC Capital Remains a Hold on CoStar Group (CSGP)

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.