CoStar Group, Inc. $CSGP Holdings Lifted by Louisbourg Investments Inc.

Louisbourg Investments Inc. raised its position in CoStar Group, Inc. (NASDAQ:CSGP) by 93.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 175,086 shares of the technology company’s stock after purchasing an additional 84,764 shares during the quarter. CoStar Group comprises approximately 1.2% of Louisbourg Investments Inc.’s investment portfolio, making the stock its 22nd biggest holding. Louisbourg Investments Inc.’s holdings in CoStar Group were worth $7,063,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Reflection Asset Management acquired a new stake in CoStar Group in the 4th quarter valued at approximately $27,000. Lloyd Advisory Services LLC. acquired a new position in CoStar Group during the 4th quarter worth $29,000. Caitong International Asset Management Co. Ltd grew its stake 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 worth $43,000 after purchasing an additional 513 shares in the last quarter. JPL Wealth Management LLC bought a new position in shares of CoStar Group in the third quarter worth $48,000. Finally, DV Equities LLC acquired a new position in shares of CoStar Group during the fourth quarter valued at $40,000. Institutional investors own 96.60% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CSGP. Needham & Company LLC reduced their price objective on shares of CoStar Group from $60.00 to $50.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. BTIG Research reissued a “buy” rating and set a $55.00 target price on shares of CoStar Group in a research note on Wednesday, April 29th. William Blair restated an “outperform” rating on shares of CoStar Group in a research report on Tuesday, March 3rd. 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, Stephens decreased their price objective on shares of CoStar Group from $50.00 to $42.00 and set an “overweight” rating for the company in a report on Monday, May 4th. Thirteen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $54.50.

CoStar Group Stock Up 5.6%

CSGP opened at $30.25 on Friday. The firm has a market cap of $12.35 billion, a P/E ratio of 504.25, a price-to-earnings-growth ratio of 0.78 and a beta of 0.72. 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 business has a 50 day moving average price of $33.64 and a 200 day moving average price of $46.56. CoStar Group, Inc. has a twelve month low of $28.54 and a twelve month high of $97.43.

CoStar Group (NASDAQ:CSGP) last announced its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.23 EPS 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 company had revenue of $897.00 million for the quarter, compared to the consensus estimate of $896.73 million. During the same quarter last year, the company posted ($0.04) earnings per share. The company’s revenue for the quarter 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. Research analysts forecast that CoStar Group, Inc. will post 1.03 EPS for the current year.

Insider Transactions at CoStar Group

In other CoStar Group news, CEO Andrew C. Florance purchased 71,430 shares of the stock in a transaction dated Friday, May 1st. The shares were bought at an average cost of $35.20 per share, with a total value of $2,514,336.00. Following the completion of the transaction, the chief executive officer owned 1,722,865 shares in the company, valued at $60,644,848. This trade represents a 4.33% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.18% of the stock is owned by company insiders.

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.