Ossiam Raises Stock Holdings in CoStar Group, Inc. $CSGP

Ossiam boosted its position in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 268.8% in the third quarter, HoldingsChannel.com reports. The fund owned 175,818 shares of the technology company’s stock after acquiring an additional 128,146 shares during the quarter. Ossiam’s holdings in CoStar Group were worth $14,834,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Quent Capital LLC acquired a new position in shares of CoStar Group in the third quarter valued at about $26,000. Manning & Napier Advisors LLC purchased a new stake in CoStar Group in the third quarter valued at approximately $28,000. Westside Investment Management Inc. boosted its position in CoStar Group by 100.0% in the third quarter. Westside Investment Management Inc. now owns 360 shares of the technology company’s stock valued at $30,000 after buying an additional 180 shares during the last quarter. Root Financial Partners LLC acquired a new position in CoStar Group in the 3rd quarter worth approximately $31,000. Finally, SJS Investment Consulting Inc. increased its holdings in CoStar Group by 3,046.2% in the 3rd quarter. SJS Investment Consulting Inc. now owns 409 shares of the technology company’s stock worth $35,000 after buying an additional 396 shares during the period. Hedge funds and other institutional investors own 96.60% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on CSGP. Weiss Ratings restated a “sell (d)” rating on shares of CoStar Group in a research note on Monday, December 29th. The Goldman Sachs Group cut their price objective on shares of CoStar Group from $84.00 to $73.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. BNP Paribas Exane assumed coverage on shares of CoStar Group in a report on Wednesday, January 14th. They set a “neutral” rating and a $64.00 target price for the company. William Blair restated an “outperform” rating on shares of CoStar Group in a research report on Tuesday, March 3rd. Finally, Deutsche Bank Aktiengesellschaft set a $68.00 price target on shares of CoStar Group in a report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, CoStar Group currently has a consensus rating of “Moderate Buy” and an average price target of $73.35.

Insider Activity at CoStar Group

In other CoStar Group news, Director Louise S. Sams acquired 1,000 shares of the business’s stock in a transaction dated Friday, March 6th. The stock was acquired at an average cost of $48.36 per share, for a total transaction of $48,360.00. Following the completion of the transaction, the director directly owned 20,409 shares of the company’s stock, valued at $986,979.24. This represents a 5.15% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.09% of the stock is owned by company insiders.

CoStar Group Stock Up 0.6%

CSGP opened at $43.63 on Friday. CoStar Group, Inc. has a fifty-two week low of $42.94 and a fifty-two week high of $97.43. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.84 and a current ratio of 2.84. The stock has a market capitalization of $18.32 billion, a price-to-earnings ratio of 4,367.37, a PEG ratio of 1.16 and a beta of 0.89. The company has a fifty day moving average of $54.31 and a two-hundred day moving average of $67.97.

CoStar Group (NASDAQ:CSGP) last announced its quarterly earnings results on Tuesday, February 24th. The technology company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.04. The firm had revenue of $900.00 million during the quarter, compared to analyst estimates of $892.22 million. CoStar Group had a return on equity of 2.53% and a net margin of 0.23%.CoStar Group’s revenue for the quarter was up 26.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.26 EPS. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. On average, research analysts expect that CoStar Group, Inc. will post 0.94 earnings per share for the current year.

CoStar Group declared that its Board of Directors has approved a share repurchase plan on Wednesday, January 7th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the technology company to buy up to 5.3% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

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.