Motley Fool Wealth Management LLC Has $13.68 Million Stock Position in CoStar Group, Inc. $CSGP

Motley Fool Wealth Management LLC trimmed its position in CoStar Group, Inc. (NASDAQ:CSGP) by 20.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 203,448 shares of the technology company’s stock after selling 52,405 shares during the period. CoStar Group comprises approximately 1.1% of Motley Fool Wealth Management LLC’s portfolio, making the stock its 27th largest holding. Motley Fool Wealth Management LLC’s holdings in CoStar Group were worth $13,680,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Lloyd Advisory Services LLC. acquired a new stake in CoStar Group in the fourth quarter worth about $29,000. Rossby Financial LCC boosted its holdings in CoStar Group by 47.5% during the third quarter. Rossby Financial LCC now owns 503 shares of the technology company’s stock worth $42,000 after buying an additional 162 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in CoStar Group by 25,650.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock worth $43,000 after buying an additional 513 shares during the last quarter. Zions Bancorporation National Association UT boosted its holdings in CoStar Group by 41.8% during the third quarter. Zions Bancorporation National Association UT now owns 563 shares of the technology company’s stock worth $48,000 after buying an additional 166 shares during the last quarter. Finally, JPL Wealth Management LLC bought a new position in CoStar Group during the third quarter worth about $48,000. 96.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at CoStar Group

In other CoStar Group news, CEO Andrew C. Florance acquired 71,430 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were acquired at an average price of $35.20 per share, for a total transaction of $2,514,336.00. Following the acquisition, the chief executive officer directly owned 1,722,865 shares of the company’s stock, 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. 1.09% of the stock is owned by company insiders.

CoStar Group Trading Up 1.6%

NASDAQ:CSGP opened at $33.93 on Wednesday. CoStar Group, Inc. has a fifty-two week low of $31.35 and a fifty-two week high of $97.43. 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 stock has a market capitalization 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 business’s 50-day simple moving average is $35.75 and its 200-day simple moving average is $49.80.

CoStar Group (NASDAQ:CSGP) last released its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.23 earnings per share for the quarter, beating 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 business had revenue of $897.00 million for the quarter, compared to analysts’ expectations of $896.73 million. During the same quarter in the previous year, the business posted ($0.04) EPS. CoStar Group’s revenue for the quarter was up 22.5% on a year-over-year basis. 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 expect that CoStar Group, Inc. will post 1.03 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on CSGP shares. William Blair restated an “outperform” rating on shares of CoStar Group in a report on Tuesday, March 3rd. JPMorgan Chase & Co. reduced their target price on CoStar Group from $82.00 to $70.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Stephens reduced their target price on CoStar Group from $50.00 to $42.00 and set an “overweight” rating on the stock in a report on Monday, May 4th. Wells Fargo & Company reduced their target price on CoStar Group from $40.00 to $33.00 and set an “underweight” rating on the stock in a report on Thursday, April 30th. Finally, Wall Street Zen upgraded CoStar Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Thirteen 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 MarketBeat, CoStar Group presently has a consensus rating of “Moderate Buy” and an average target price of $55.33.

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.