Mitsubishi UFJ Asset Management Co. Ltd. Grows Stake in CoStar Group, Inc. $CSGP

Key Points

• Mitsubishi UFJ Asset Management increased its CoStar stake 4.9% in Q4 to 1,057,184 shares (about 0.25% of the company) valued at roughly $69.45 million.
• CoStar beat the quarter with $0.23 EPS vs. $0.18 expected and $897M revenue (up 22.5% YoY), and guided Q2 FY2026 EPS of $0.270–0.300 and FY2026 EPS of $1.320–1.390.
• Insiders increased positions (CEO Andrew Florance bought 71,430 shares at $35.20), institutional ownership is about 96.6%, and analysts show a consensus "Moderate Buy" with an average target of $58.12.

Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of CoStar Group, Inc. (NASDAQ:CSGP - Free Report) by 4.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,057,184 shares of the technology company's stock after purchasing an additional 49,657 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.25% of CoStar Group worth $69,446,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Enhancing Capital LLC grew its position in shares of CoStar Group by 2.2% during the third quarter. Enhancing Capital LLC now owns 7,030 shares of the technology company's stock worth $593,000 after purchasing an additional 150 shares in the last quarter. Rossby Financial LCC grew 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 worth $42,000 after purchasing an additional 162 shares in the last quarter. Golden State Wealth Management LLC grew its position in shares of CoStar Group by 4.8% during the third quarter. Golden State Wealth Management LLC now owns 3,626 shares of the technology company's stock worth $306,000 after purchasing an additional 166 shares in the last quarter. Zions Bancorporation National Association UT grew its position in shares of CoStar Group by 41.8% during the third quarter. Zions Bancorporation National Association UT now owns 563 shares of the technology company's stock worth $48,000 after purchasing an additional 166 shares in the last quarter. Finally, United Capital Financial Advisors LLC grew its position in shares of CoStar Group by 2.3% during the third quarter. United Capital Financial Advisors LLC now owns 7,545 shares of the technology company's stock worth $637,000 after purchasing an additional 167 shares in the last quarter. Hedge funds and other institutional investors own 96.60% of the company's stock.

Analysts Set New Price Targets

CSGP has been the subject of several research analyst reports. Zacks Research upgraded CoStar Group from a "strong sell" rating to a "hold" rating in a research report on Monday, March 9th. BNP Paribas Exane assumed coverage on CoStar Group in a research report on Wednesday, January 14th. They set a "neutral" rating and a $64.00 target price for the company. BMO Capital Markets cut their price target on CoStar Group from $72.00 to $53.00 and set a "market perform" rating for the company in a report on Thursday, February 26th. Wall Street Zen upgraded CoStar Group from a "hold" rating to a "buy" rating in a report on Saturday, May 2nd. Finally, BTIG Research restated a "buy" rating and set a $55.00 price target on shares of CoStar Group in a report on Wednesday, April 29th. Twelve 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's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $58.12.

CoStar Group Stock Performance

NASDAQ CSGP opened at $34.98 on Friday. The stock has a market capitalization of $14.28 billion, a PE ratio of 583.10, a P/E/G ratio of 0.88 and a beta of 0.75. The business has a 50 day simple moving average of $40.92 and a two-hundred day simple moving average of $55.94. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.20 and a quick ratio of 2.20. CoStar Group, Inc. has a 1-year low of $33.31 and a 1-year high of $97.43.

CoStar Group (NASDAQ:CSGP - Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.05. The business had revenue of $897.00 million during 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 firm's revenue for the quarter was up 22.5% compared to the same quarter last year. During the same quarter last year, the business posted ($0.04) EPS. 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. On average, research analysts predict that CoStar Group, Inc. will post 1.03 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Louise S. Sams bought 1,000 shares of the company's stock in a transaction dated Friday, March 6th. The stock was purchased at an average price of $48.36 per share, for a total transaction of $48,360.00. Following the acquisition, the director owned 20,409 shares in the company, valued at $986,979.24. This trade represents a 5.15% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Andrew C. Florance bought 71,430 shares of the company's stock in a transaction dated Friday, May 1st. The stock was bought at an average price of $35.20 per share, with a total value of $2,514,336.00. Following the acquisition, the chief executive officer owned 1,722,865 shares in the company, valued at approximately $60,644,848. This trade represents a 4.33% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.09% of the stock is currently owned by insiders.

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.

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