Caxton Associates LLP Acquires New Holdings in CoStar Group, Inc. $CSGP

Caxton Associates LLP bought a new stake in CoStar Group, Inc. (NASDAQ:CSGP) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 83,948 shares of the technology company’s stock, valued at approximately $3,386,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of Nova Scotia grew its position in CoStar Group by 16.6% during the 1st quarter. Bank of Nova Scotia now owns 94,485 shares of the technology company’s stock worth $3,812,000 after acquiring an additional 13,450 shares during the last quarter. Gibbs Wealth Management raised its position in CoStar Group by 149.3% in the first quarter. Gibbs Wealth Management now owns 25,414 shares of the technology company’s stock valued at $1,025,000 after purchasing an additional 15,219 shares during the last quarter. Alpha Family Trust bought a new position in CoStar Group in the first quarter valued at about $218,000. Prestige Wealth Management Group LLC boosted its stake in shares of CoStar Group by 10,113.6% during the first quarter. Prestige Wealth Management Group LLC now owns 6,026 shares of the technology company’s stock valued at $243,000 after purchasing an additional 5,967 shares in the last quarter. Finally, NewEdge Wealth LLC boosted its stake in shares of CoStar Group by 21.5% during the first quarter. NewEdge Wealth LLC now owns 15,801 shares of the technology company’s stock valued at $637,000 after purchasing an additional 2,792 shares in the last quarter. Institutional investors own 96.60% of the company’s stock.

CoStar Group Price Performance

CoStar Group stock opened at $27.14 on Friday. The stock’s 50 day moving average is $31.08 and its 200 day moving average is $41.41. 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 firm has a market cap of $11.08 billion, a P/E ratio of 452.41, a P/E/G ratio of 0.71 and a beta of 0.74. CoStar Group, Inc. has a one year low of $26.68 and a one year high of $97.43.

CoStar Group (NASDAQ:CSGP) last released its earnings results on Tuesday, April 28th. The technology company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.05. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The business had revenue of $897.00 million during the quarter, compared to the consensus estimate of $896.73 million. During the same quarter in the prior year, the firm posted ($0.04) EPS. 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. As a group, research analysts expect that CoStar Group, Inc. will post 1.03 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft set a $44.00 price objective on CoStar Group in a research note on Thursday, April 30th. Royal Bank Of Canada set a $34.00 target price on shares of CoStar Group and gave the stock a “sector perform” rating in a report on Monday, July 13th. Stephens decreased their price target on shares of CoStar Group from $50.00 to $42.00 and set an “overweight” rating for the company in a research report on Monday, May 4th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CoStar Group in a research note on Wednesday, June 24th. Finally, Wells Fargo & Company set a $26.00 price target on shares of CoStar Group and gave the company an “underweight” rating in a research note on Wednesday, June 24th. Twelve equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $51.50.

Insider Activity at CoStar Group

In other news, CEO Andrew C. Florance acquired 71,430 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was bought at an average cost of $35.20 per share, for a total transaction of $2,514,336.00. Following the completion of the transaction, the chief executive officer directly owned 1,722,865 shares in the company, valued at $60,644,848. This represents a 4.33% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.18% of the company’s stock.

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.