EagleClaw Capital Managment LLC Raises Stock Holdings in CoStar Group, Inc. $CSGP

EagleClaw Capital Managment LLC raised its holdings in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 136.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,850 shares of the technology company’s stock after purchasing an additional 19,550 shares during the quarter. EagleClaw Capital Managment LLC’s holdings in CoStar Group were worth $2,856,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in CSGP. Norges Bank acquired a new stake in shares of CoStar Group during the second quarter worth approximately $426,783,000. Viking Global Investors LP acquired a new position in CoStar Group during the 2nd quarter worth $258,773,000. Franklin Resources Inc. increased its position in shares of CoStar Group by 70.3% in the 2nd quarter. Franklin Resources Inc. now owns 3,439,904 shares of the technology company’s stock worth $276,568,000 after purchasing an additional 1,419,732 shares during the last quarter. Vanguard Group Inc. increased its position in shares of CoStar Group by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 70,056,441 shares of the technology company’s stock worth $5,910,662,000 after purchasing an additional 1,208,958 shares during the last quarter. Finally, Third Point LLC raised its stake in shares of CoStar Group by 56.2% in the 2nd quarter. Third Point LLC now owns 3,085,000 shares of the technology company’s stock valued at $248,034,000 after purchasing an additional 1,110,000 shares in the last quarter. 96.60% of the stock is owned by institutional investors and hedge funds.

CoStar Group Price Performance

Shares of NASDAQ CSGP opened at $43.63 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.84 and a quick ratio of 2.84. The firm has a market capitalization of $18.32 billion, a PE ratio of 4,367.37, a P/E/G ratio of 1.17 and a beta of 0.89. CoStar Group, Inc. has a 1-year low of $42.94 and a 1-year high of $97.43. The business’s fifty day moving average price is $54.31 and its two-hundred day moving average price is $67.82.

CoStar Group (NASDAQ:CSGP) last announced its quarterly earnings results on Tuesday, February 24th. The technology company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.04. CoStar Group had a net margin of 0.23% and a return on equity of 2.53%. The company had revenue of $900.00 million during the quarter, compared to the consensus estimate of $892.22 million. During the same quarter in the previous year, the company posted $0.26 earnings per share. The company’s revenue for the quarter was up 26.9% compared to the same quarter last year. 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 EPS for the current year.

CoStar Group declared that its Board of Directors has initiated a share buyback program on Wednesday, January 7th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the technology company to buy up to 5.3% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board believes its stock is undervalued.

Insider Buying and Selling

In other news, Director Louise S. Sams bought 1,000 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was purchased at an average price of $48.36 per share, for a total transaction of $48,360.00. Following the transaction, the director owned 20,409 shares in the company, valued at approximately $986,979.24. This trade represents a 5.15% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on CSGP. Weiss Ratings reiterated a “sell (d)” rating on shares of CoStar Group in a research note on Monday, December 29th. Jefferies Financial Group upgraded CoStar Group from a “hold” rating to a “buy” rating and set a $67.00 price objective on the stock in a research note on Friday, February 20th. William Blair reaffirmed an “outperform” rating on shares of CoStar Group in a report on Tuesday, March 3rd. BMO Capital Markets lowered their price target on CoStar Group from $72.00 to $53.00 and set a “market perform” rating for the company in a report on Thursday, February 26th. Finally, BTIG Research set a $60.00 price target on CoStar Group and gave the company a “buy” rating in a research report on Thursday, February 26th. One research 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 given a Sell rating to the company. Based on data from MarketBeat.com, CoStar Group has an average rating of “Moderate Buy” and a consensus target price of $73.35.

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.