American Capital Management Inc. Acquires New Holdings in CoStar Group, Inc. $CSGP

American Capital Management Inc. acquired a new position in CoStar Group, Inc. (NASDAQ:CSGP - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 725,143 shares of the technology company's stock, valued at approximately $20,536,000. American Capital Management Inc. owned about 0.18% of CoStar Group as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Reflection Asset Management purchased a new stake in CoStar Group in the fourth quarter valued at about $27,000. Lloyd Advisory Services LLC. purchased a new stake in shares of CoStar Group during the fourth quarter worth about $29,000. DV Equities LLC acquired a new position in shares of CoStar Group during the fourth quarter valued at about $40,000. IFP Advisors Inc raised its position in shares of CoStar Group by 329.4% in the 4th quarter. IFP Advisors Inc now owns 614 shares of the technology company's stock valued at $41,000 after purchasing an additional 471 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its position in shares of CoStar Group by 25,650.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company's stock valued at $43,000 after purchasing an additional 513 shares during the last quarter. Hedge funds and other institutional investors own 96.60% of the company's stock.

Insider Buying and Selling

In other news, CEO Andrew C. Florance acquired 83,300 shares of the firm's stock in a transaction dated Tuesday, August 4th. The stock was acquired at an average cost of $29.89 per share, with a total value of $2,489,837.00. Following the completion of the acquisition, the chief executive officer owned 1,806,165 shares of the company's stock, valued at $53,986,271.85. The trade was a 4.83% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Cynthia Cammett Cann sold 4,788 shares of the business's stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $30.78, for a total value of $147,374.64. Following the completion of the transaction, the chief accounting officer owned 18,822 shares in the company, valued at $579,341.16. This trade represents a 20.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.18% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on CSGP. KeyCorp set a $33.00 target price on CoStar Group in a research report on Monday. Wolfe Research reaffirmed an "outperform" rating and set a $32.00 price target (down from $35.00) on shares of CoStar Group in a research report on Wednesday, July 29th. Wall Street Zen downgraded CoStar Group from a "buy" rating to a "hold" rating in a research note on Sunday, August 2nd. Citigroup downgraded CoStar Group from a "market outperform" rating to a "neutral" rating and decreased their target price for the stock from $70.00 to $33.00 in a report on Wednesday, July 29th. Finally, BTIG Research cut their price target on shares of CoStar Group from $55.00 to $42.00 and set a "buy" rating on the stock in a report on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, CoStar Group currently has an average rating of "Hold" and a consensus price target of $40.11.

CoStar Group Trading Down 2.0%

Shares of CSGP opened at $32.14 on Thursday. The firm has a market capitalization of $13.02 billion, a P/E ratio of 169.17, a P/E/G ratio of 0.86 and a beta of 0.72. CoStar Group, Inc. has a 12-month low of $25.89 and a 12-month high of $91.89. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.13. The firm has a 50-day moving average price of $30.03 and a 200 day moving average price of $36.13.

CoStar Group (NASDAQ:CSGP - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.32 earnings per share for the quarter, beating analysts' consensus estimates of $0.29 by $0.03. The business had revenue of $925.00 million during the quarter, compared to analysts' expectations of $928.81 million. CoStar Group had a return on equity of 3.74% and a net margin of 2.08%.The company's revenue was up 18.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.17 earnings per share. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. Sell-side analysts forecast that CoStar Group, Inc. will post 1.06 EPS for the current year.

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.

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