Vestmark Advisory Solutions Inc. Has $1.07 Million Stock Position in CoStar Group, Inc. $CSGP

Vestmark Advisory Solutions Inc. increased its holdings in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 20.8% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 13,335 shares of the technology company’s stock after purchasing an additional 2,295 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in CoStar Group were worth $1,072,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of CSGP. Bryn Mawr Trust Advisors LLC boosted its stake in shares of CoStar Group by 15.5% during the 2nd quarter. Bryn Mawr Trust Advisors LLC now owns 5,924 shares of the technology company’s stock worth $476,000 after acquiring an additional 795 shares during the period. Savant Capital LLC bought a new stake in CoStar Group in the 2nd quarter valued at $306,000. Resona Asset Management Co. Ltd. lifted its holdings in CoStar Group by 8.0% during the 2nd quarter. Resona Asset Management Co. Ltd. now owns 139,660 shares of the technology company’s stock valued at $11,237,000 after purchasing an additional 10,322 shares during the last quarter. Moors & Cabot Inc. acquired a new stake in CoStar Group during the 2nd quarter valued at $1,627,000. Finally, FWG Holdings LLC boosted its position in CoStar Group by 7.3% during the second quarter. FWG Holdings LLC now owns 8,147 shares of the technology company’s stock worth $655,000 after purchasing an additional 554 shares during the period. Institutional investors own 96.60% of the company’s stock.

Insider Activity

In related news, insider Frederick G. Saint sold 25,000 shares of the firm’s stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $90.33, for a total value of $2,258,250.00. Following the transaction, the insider owned 293,103 shares in the company, valued at approximately $26,475,993.99. This trade represents a 7.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.09% of the company’s stock.

CoStar Group Stock Down 0.4%

Shares of CSGP opened at $67.23 on Tuesday. The company has a current ratio of 3.12, a quick ratio of 5.83 and a debt-to-equity ratio of 0.12. CoStar Group, Inc. has a 12 month low of $63.82 and a 12 month high of $97.43. The firm’s 50 day moving average is $80.11 and its 200-day moving average is $82.12. The stock has a market capitalization of $28.49 billion, a PE ratio of 1,344.60, a P/E/G ratio of 3.32 and a beta of 0.86.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings results on Tuesday, October 28th. The technology company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.04. CoStar Group had a return on equity of 2.45% and a net margin of 0.66%.The business had revenue of $833.60 million during the quarter, compared to analysts’ expectations of $823.62 million. During the same period in the previous year, the company posted $0.22 earnings per share. The firm’s revenue for the quarter was up 20.4% compared to the same quarter last year. CoStar Group has set its Q4 2025 guidance at 0.260-0.280 EPS. FY 2025 guidance at 0.820-0.840 EPS. Equities research analysts forecast that CoStar Group, Inc. will post 0.94 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on CSGP shares. Wells Fargo & Company reissued an “underweight” rating and issued a $70.00 price objective (up from $65.00) on shares of CoStar Group in a research report on Wednesday, July 16th. JPMorgan Chase & Co. increased their price target on shares of CoStar Group from $87.00 to $101.00 and gave the company an “overweight” rating in a report on Wednesday, July 23rd. Needham & Company LLC raised their price objective on shares of CoStar Group from $98.00 to $105.00 and gave the stock a “buy” rating in a research report on Wednesday, July 23rd. Jefferies Financial Group raised CoStar Group to a “hold” rating in a research report on Wednesday, October 29th. Finally, BMO Capital Markets lifted their price target on CoStar Group from $82.00 to $89.00 and gave the stock a “market perform” rating in a report on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $94.15.

About CoStar Group

CoStar Group, Inc provides information, analytics, and online marketplace services to the commercial real estate, hospitality, residential, and related professionals industries in the United States, Canada, Europe, the Asia Pacific, and Latin America. The company offers CoStar Property that provides inventory of office, industrial, retail, multifamily, hospitality, and student housing properties and land; CoStar Sales, a robust database of comparable commercial real estate sales transactions; CoStar Market Analytics to view and report on aggregated market and submarket trends; and CoStar Tenant, an online business-to-business prospecting and analytical tool that provides tenant information.