Hantz Financial Services Inc. Reduces Position in CoStar Group, Inc. $CSGP

Hantz Financial Services Inc. lessened its holdings in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 20.2% during the 4th quarter, HoldingsChannel reports. The fund owned 70,445 shares of the technology company’s stock after selling 17,794 shares during the quarter. Hantz Financial Services Inc.’s holdings in CoStar Group were worth $4,737,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. ING Groep NV boosted its position in shares of CoStar Group by 1,950.5% in the third quarter. ING Groep NV now owns 128,052 shares of the technology company’s stock worth $10,804,000 after purchasing an additional 121,807 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in shares of CoStar Group by 14.1% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 171,380 shares of the technology company’s stock valued at $14,459,000 after purchasing an additional 21,225 shares during the period. UMB Bank n.a. lifted its stake in shares of CoStar Group by 51.6% during the 3rd quarter. UMB Bank n.a. now owns 225,305 shares of the technology company’s stock valued at $19,009,000 after buying an additional 76,720 shares in the last quarter. Douglas Lane & Associates LLC lifted its stake in shares of CoStar Group by 4.3% during the 4th quarter. Douglas Lane & Associates LLC now owns 683,061 shares of the technology company’s stock valued at $45,929,000 after buying an additional 28,279 shares in the last quarter. Finally, American Century Companies Inc. boosted its holdings in CoStar Group by 682.3% in the 3rd quarter. American Century Companies Inc. now owns 551,523 shares of the technology company’s stock worth $46,532,000 after buying an additional 481,024 shares during the period. Hedge funds and other institutional investors own 96.60% of the company’s stock.

Insider Activity at CoStar Group

In other news, Director Louise S. Sams acquired 1,000 shares of CoStar Group stock in a transaction on Friday, March 6th. The shares were acquired at an average price of $48.36 per share, with a total value of $48,360.00. Following the purchase, the director directly owned 20,409 shares in the company, valued at $986,979.24. The trade was a 5.15% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Andrew C. Florance acquired 71,430 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were purchased at an average cost of $35.20 per share, for a total transaction of $2,514,336.00. Following the completion of the acquisition, the chief executive officer directly owned 1,722,865 shares in the company, valued at approximately $60,644,848. This represents a 4.33% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.09% of the company’s stock.

CoStar Group Price Performance

CSGP opened at $33.95 on Tuesday. The company has a market capitalization of $13.86 billion, a PE ratio of 565.93, a price-to-earnings-growth ratio of 0.87 and a beta of 0.75. The firm has a 50-day simple moving average of $37.79 and a two-hundred day simple moving average of $52.48. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.13. CoStar Group, Inc. has a 52 week low of $31.35 and a 52 week high of $97.43.

CoStar Group (NASDAQ:CSGP) last issued its earnings results on Tuesday, April 28th. The technology company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.05. The firm had revenue of $897.00 million for the quarter, compared to analysts’ expectations of $896.73 million. CoStar Group had a return on equity of 2.90% and a net margin of 0.74%.The business’s revenue was up 22.5% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.04) earnings per share. 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. Analysts forecast that CoStar Group, Inc. will post 1.03 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CSGP has been the subject of a number of analyst reports. Wall Street Zen upgraded CoStar Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. BTIG Research reaffirmed a “buy” rating and issued a $55.00 price objective on shares of CoStar Group in a research note on Wednesday, April 29th. Bank of America cut their target price on CoStar Group from $42.00 to $37.00 and set a “neutral” rating for the company in a research report on Tuesday, May 19th. JPMorgan Chase & Co. decreased their target price on CoStar Group from $82.00 to $70.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. Finally, Royal Bank Of Canada lowered their price target on CoStar Group from $75.00 to $57.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 25th. Twelve investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $55.94.

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.