CoStar Group (NASDAQ:CSGP) Director Louise Sams Purchases 1,000 Shares

Key Points

• Director Louise Sams purchased 1,000 shares at an average price of $48.36 on March 6, increasing her holdings to 20,409 shares (a 5.15% boost), as disclosed in an SEC filing.
• CoStar beat expectations with Q4 EPS of $0.31 versus $0.27 and revenue of $900 million (up 26.9% year-over-year), and set Q1 2026 guidance of $0.160–$0.190 EPS.
• The company’s Board authorized a $1.50 billion share repurchase (about 5.3% of outstanding shares), and analysts hold a consensus rating of "Moderate Buy" with a $73.35 price target.

CoStar Group, Inc. (NASDAQ:CSGP - Get Free Report) Director Louise Sams purchased 1,000 shares of the firm's stock in a transaction on Friday, March 6th. The stock was acquired at an average price 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 approximately $986,979.24. This trade represents a 5.15% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

CoStar Group Trading Down 1.1%

Shares of CoStar Group stock opened at $48.38 on Monday. CoStar Group, Inc. has a 1-year low of $43.16 and a 1-year high of $97.43. The company's fifty day simple moving average is $56.48 and its 200-day simple moving average is $69.23. 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 stock has a market capitalization of $20.31 billion, a PE ratio of 4,842.84, a P/E/G ratio of 1.30 and a beta of 0.90.

CoStar Group (NASDAQ:CSGP - Get Free Report) last released its 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 company had revenue of $900.00 million for the quarter, compared to the consensus estimate of $892.22 million. CoStar Group had a return on equity of 2.53% and a net margin of 0.23%.CoStar Group's quarterly revenue was up 26.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.26 earnings per share. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. As a group, equities analysts anticipate that CoStar Group, Inc. will post 0.94 earnings per share for the current year.

CoStar Group declared that its Board of Directors has authorized a stock repurchase 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 reacquire up to 5.3% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

Hedge Funds Weigh In On CoStar Group

Several institutional investors have recently bought and sold shares of CSGP. ING Groep NV raised its holdings in shares of CoStar Group by 1,950.5% during the 3rd quarter. ING Groep NV now owns 128,052 shares of the technology company's stock worth $10,804,000 after acquiring an additional 121,807 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in CoStar Group by 14.1% during the third 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 in the last quarter. UMB Bank n.a. raised its stake in CoStar Group by 51.6% during the third quarter. UMB Bank n.a. now owns 225,305 shares of the technology company's stock valued at $19,009,000 after purchasing an additional 76,720 shares in the last quarter. Swedbank AB lifted its position in CoStar Group by 21.0% during the third quarter. Swedbank AB now owns 302,360 shares of the technology company's stock valued at $25,510,000 after purchasing an additional 52,433 shares during the last quarter. Finally, Generali Asset Management SPA SGR lifted its position in CoStar Group by 641.8% during the third quarter. Generali Asset Management SPA SGR now owns 23,880 shares of the technology company's stock valued at $2,015,000 after purchasing an additional 20,661 shares during the last quarter. 96.60% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently commented on CSGP shares. Needham & Company LLC decreased their price objective on shares of CoStar Group from $80.00 to $60.00 and set a "buy" rating on the stock in a research report on Wednesday, February 25th. The Goldman Sachs Group dropped their target price on shares of CoStar Group from $84.00 to $73.00 and set a "buy" rating for the company in a report on Wednesday, February 25th. William Blair reiterated an "outperform" rating on shares of CoStar Group in a research note on Tuesday, March 3rd. Wells Fargo & Company lowered their price objective on CoStar Group from $48.00 to $44.00 and set an "underweight" rating on the stock in a research report on Wednesday, February 25th. Finally, Citigroup reaffirmed a "market outperform" rating on shares of CoStar Group in a research note on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $73.35.

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.

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