17 Capital Partners LLC Buys 1,775 Shares of CoStar Group, Inc. $CSGP

17 Capital Partners LLC boosted its position in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 42.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,908 shares of the technology company’s stock after buying an additional 1,775 shares during the quarter. 17 Capital Partners LLC’s holdings in CoStar Group were worth $475,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in CSGP. NewSquare Capital LLC lifted its stake in shares of CoStar Group by 35.6% during the second quarter. NewSquare Capital LLC now owns 411 shares of the technology company’s stock valued at $33,000 after acquiring an additional 108 shares during the period. Emerald Advisers LLC raised its holdings in CoStar Group by 1.9% during the 2nd quarter. Emerald Advisers LLC now owns 5,763 shares of the technology company’s stock worth $463,000 after purchasing an additional 110 shares during the last quarter. Empirical Finance LLC lifted its position in CoStar Group by 1.4% during the 2nd quarter. Empirical Finance LLC now owns 8,376 shares of the technology company’s stock valued at $673,000 after purchasing an additional 114 shares during the period. Wallace Advisory Group LLC boosted its stake in shares of CoStar Group by 2.5% in the 2nd quarter. Wallace Advisory Group LLC now owns 5,201 shares of the technology company’s stock valued at $412,000 after purchasing an additional 126 shares during the last quarter. Finally, STF Management LP boosted its stake in shares of CoStar Group by 2.1% in the 2nd quarter. STF Management LP now owns 6,269 shares of the technology company’s stock valued at $504,000 after purchasing an additional 128 shares during the last quarter. 96.60% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Weiss Ratings restated a “sell (d+)” rating on shares of CoStar Group in a research report on Thursday, November 13th. Jefferies Financial Group raised CoStar Group to a “hold” rating in a research note on Wednesday, October 29th. William Blair restated an “outperform” rating on shares of CoStar Group in a report on Wednesday, July 23rd. BMO Capital Markets upped their price target on CoStar Group from $82.00 to $89.00 and gave the company a “market perform” rating in a research note on Wednesday, July 23rd. Finally, Wolfe Research started coverage on shares of CoStar Group in a research report on Wednesday, September 3rd. They issued an “outperform” rating and a $105.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $93.38.

Insider Buying and Selling

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

CoStar Group Trading Down 1.2%

NASDAQ CSGP opened at $66.02 on Thursday. CoStar Group, Inc. has a one year low of $63.82 and a one year high of $97.43. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.12 and a quick ratio of 5.83. The firm has a market cap of $27.98 billion, a P/E ratio of 1,320.40, a P/E/G ratio of 3.32 and a beta of 0.86. The stock’s 50-day moving average is $77.25 and its 200-day moving average is $81.53.

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

CoStar Group Company Profile

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.