Vulcan Value Partners LLC Has $301.53 Million Stock Position in CoStar Group, Inc. $CSGP

Key Points

• Vulcan Value Partners increased its CoStar Group stake by 17.1% in Q4, buying 653,412 more shares and bringing its position to 4.49 million shares valued at about $301.5 million.
• CoStar Group reported better-than-expected quarterly earnings of $0.23 per share, with revenue of $897 million and 22.5% year-over-year growth; the company also issued Q2 2026 and FY 2026 EPS guidance above current-year analyst expectations.
• Despite the upbeat results, CSGP shares were down 0.6% and the stock remains far below its 52-week high, while analysts maintain a Moderate Buy consensus with a $55.94 average price target.

Vulcan Value Partners LLC raised its stake in CoStar Group, Inc. (NASDAQ:CSGP - Free Report) by 17.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,485,021 shares of the technology company's stock after purchasing an additional 653,412 shares during the period. CoStar Group makes up approximately 5.4% of Vulcan Value Partners LLC's holdings, making the stock its 7th biggest position. Vulcan Value Partners LLC owned 1.07% of CoStar Group worth $301,527,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Employees Retirement System of Texas lifted its holdings in shares of CoStar Group by 52.8% during the 4th quarter. Employees Retirement System of Texas now owns 63,224 shares of the technology company's stock worth $4,251,000 after acquiring an additional 21,852 shares during the period. Malaga Cove Capital LLC lifted its holdings in shares of CoStar Group by 15.9% during the 4th quarter. Malaga Cove Capital LLC now owns 30,776 shares of the technology company's stock worth $2,069,000 after acquiring an additional 4,231 shares during the period. Allstate Corp lifted its holdings in shares of CoStar Group by 110.3% during the 4th quarter. Allstate Corp now owns 33,862 shares of the technology company's stock worth $2,277,000 after acquiring an additional 17,764 shares during the period. Legal & General Group Plc lifted its holdings in shares of CoStar Group by 6.0% during the 4th quarter. Legal & General Group Plc now owns 2,861,300 shares of the technology company's stock worth $192,394,000 after acquiring an additional 161,543 shares during the period. Finally, New Age Alpha Advisors LLC lifted its holdings in shares of CoStar Group by 21.3% during the 4th quarter. New Age Alpha Advisors LLC now owns 45,177 shares of the technology company's stock worth $3,038,000 after acquiring an additional 7,943 shares during the period. 96.60% of the stock is owned by institutional investors.

CoStar Group Stock Down 0.6%

Shares of NASDAQ CSGP opened at $32.32 on Thursday. The stock has a market cap of $13.20 billion, a P/E ratio of 538.76, a P/E/G ratio of 0.84 and a beta of 0.75. The firm has a 50 day moving average price of $37.34 and a 200 day moving average price of $51.97. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.20 and a current ratio of 2.20. CoStar Group, Inc. has a 52-week low of $31.35 and a 52-week high of $97.43.

CoStar Group (NASDAQ:CSGP - Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 by $0.05. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The firm had revenue of $897.00 million for the quarter, compared to analyst estimates of $896.73 million. During the same quarter in the previous year, the firm posted ($0.04) earnings per share. The business's revenue was up 22.5% on a year-over-year basis. 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. Analysts expect that CoStar Group, Inc. will post 1.03 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on CSGP shares. Citigroup reduced their price objective on shares of CoStar Group from $100.00 to $70.00 and set a "buy" rating for the company in a report on Thursday, April 23rd. Wall Street Zen raised shares of CoStar Group from a "hold" rating to a "buy" rating in a report on Saturday, May 2nd. Royal Bank Of Canada cut their price target on shares of CoStar Group from $75.00 to $57.00 and set a "sector perform" rating for the company in a report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft set a $44.00 price target on shares of CoStar Group in a report on Thursday, April 30th. Finally, Wells Fargo & Company cut their price target on shares of CoStar Group from $40.00 to $33.00 and set an "underweight" rating for the company in a report on Thursday, April 30th. Twelve equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, CoStar Group currently has an average rating of "Moderate Buy" and a consensus target price of $55.94.

Insider Buying and Selling

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

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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