TD Asset Management Inc Sells 226,787 Shares of CoStar Group, Inc. $CSGP

TD Asset Management Inc cut its position in CoStar Group, Inc. (NASDAQ:CSGP) by 33.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 455,430 shares of the technology company’s stock after selling 226,787 shares during the period. TD Asset Management Inc owned approximately 0.11% of CoStar Group worth $38,425,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. NewSquare Capital LLC raised its holdings in CoStar Group by 35.6% in the 2nd quarter. NewSquare Capital LLC now owns 411 shares of the technology company’s stock worth $33,000 after acquiring an additional 108 shares during the last quarter. Empirical Finance LLC raised its stake in shares of CoStar Group by 1.4% in the second quarter. Empirical Finance LLC now owns 8,376 shares of the technology company’s stock worth $673,000 after purchasing an additional 114 shares during the last quarter. STF Management LP lifted its holdings in shares of CoStar Group by 2.1% during the second quarter. STF Management LP now owns 6,269 shares of the technology company’s stock valued at $504,000 after purchasing an additional 128 shares in the last quarter. Rossby Financial LCC boosted its position in shares of CoStar Group by 47.5% during the third quarter. Rossby Financial LCC now owns 503 shares of the technology company’s stock valued at $42,000 after buying an additional 162 shares during the last quarter. Finally, Golden State Wealth Management LLC increased its holdings in CoStar Group by 4.8% in the 3rd quarter. Golden State Wealth Management LLC now owns 3,626 shares of the technology company’s stock worth $306,000 after buying an additional 166 shares in the last quarter. Hedge funds and other institutional investors own 96.60% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on CSGP shares. Citigroup reaffirmed a “market outperform” rating on shares of CoStar Group in a report on Thursday, January 8th. Zacks Research cut shares of CoStar Group from a “hold” rating to a “strong sell” rating in a report on Friday, January 9th. Needham & Company LLC decreased their target price on shares of CoStar Group from $80.00 to $60.00 and set a “buy” rating for the company in a research note on Wednesday. Royal Bank Of Canada dropped their price target on CoStar Group from $75.00 to $57.00 and set a “sector perform” rating on the stock in a research note on Wednesday. Finally, Citizens Jmp reduced their price objective on CoStar Group from $78.00 to $73.00 and set a “market outperform” rating for the company in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, four have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $73.35.

CoStar Group Trading Down 0.8%

Shares of CSGP stock opened at $44.63 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.84 and a quick ratio of 3.12. The company has a market cap of $18.92 billion, a price-to-earnings ratio of 4,467.47, a PEG ratio of 1.20 and a beta of 0.84. CoStar Group, Inc. has a 1 year low of $43.17 and a 1 year high of $97.43. The firm has a fifty day moving average price of $58.42 and a 200-day moving average price of $70.93.

CoStar Group (NASDAQ:CSGP) last released 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 return on equity of 2.53% and a net margin of 0.23%.The business had revenue of $900.00 million during the quarter, compared to analyst estimates of $892.22 million. During the same quarter in the previous year, the company posted $0.26 earnings per share. CoStar Group’s revenue for the quarter was up 26.9% on a year-over-year basis. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. As a group, equities analysts predict that CoStar Group, Inc. will post 0.94 earnings per share for the current year.

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

Key CoStar Group News

Here are the key news stories impacting CoStar Group this week:

• Positive Sentiment: CoStar raised FY‑2026 guidance well above consensus — EPS guidance of 1.220–1.330 versus consensus ~1.00, and revenue guidance roughly $3.8B vs. consensus ~$3.6B. This materially improves forward earnings visibility and is a clear upside catalyst for revenue and margin trajectory.
• Positive Sentiment: Q4 results beat estimates: reported EPS $0.31 vs. $0.27 expected and revenue $900M vs. ~$892M, with revenue up ~27% year‑over‑year — evidence of continued demand in CoStar’s data and marketplaces businesses. Q4 Earnings Call Transcript
• Positive Sentiment: CoStar’s market data show improving real‑estate fundamentals in key markets (e.g., sharp London office yield compression in 2025), which supports demand for CoStar’s analytics and transaction services. BusinessWire: London Office Yield Compression
• Neutral Sentiment: Analyst commentary roundup — coverage is mixed with some banks lowering expectations while others highlight the beat and raised guidance; read the analyst summary for detail. Benzinga: What Analysts Are Saying
• Neutral Sentiment: Reported short‑interest data for February appear unreliable (shows zero/NaN); no clear evidence of a large, actionable short position from the available entry.
• Negative Sentiment: BMO cut its price target from $72 to $53 and moved to “market perform,” signaling weaker expectations from a previously more bullish bank — this reduces the analyst‑driven upside narrative and likely contributed to selling pressure. TickerReport: BMO Lowers Price Target
• Negative Sentiment: Wells Fargo lowered expectations for CSGP, amplifying downside sentiment from institutional analysts. AmericanBankingNews: Wells Fargo Lowers Expectations
• Negative Sentiment: Headlines note the stock hit a new 12‑month low following analyst downgrades — a technical signal that can trigger momentum selling and attract additional short‑term pressure. AmericanBankingNews: New 12‑Month Low

CoStar Group 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.