NEOS Investment Management LLC Buys 90,758 Shares of CoStar Group, Inc. $CSGP

NEOS Investment Management LLC lifted its stake in CoStar Group, Inc. (NASDAQ:CSGP) by 72.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 215,694 shares of the technology company’s stock after buying an additional 90,758 shares during the period. NEOS Investment Management LLC owned about 0.05% of CoStar Group worth $18,198,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

CSGP has been the topic of a number of analyst reports. Wells Fargo & Company set a $48.00 target price on shares of CoStar Group and gave the company an “underweight” rating in a research note on Wednesday, February 4th. Zacks Research lowered CoStar Group from a “hold” rating to a “strong sell” rating in a research note on Friday, January 9th. BTIG Research upgraded CoStar Group from a “neutral” rating to a “buy” rating and set a $80.00 target price for the company in a research report on Tuesday, January 27th. Bank of America set a $74.00 price target on CoStar Group in a research note on Wednesday, January 7th. Finally, BNP Paribas Exane started coverage on CoStar Group in a research note on Wednesday, January 14th. They set a “neutral” rating and a $64.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $83.13.

Key CoStar Group News

Here are the key news stories impacting CoStar Group this week:

• Positive Sentiment: CoStar launched a “transformative AI experience” on Homes.com — a product innovation that could boost user engagement, listings monetization and competitive positioning in consumer real‑estate search. CoStar Group Launches Transformative AI Experience on Homes.com, Redefining the Future of Home Shopping
• Positive Sentiment: Brokerage consensus remains constructive — CoStar was given an overall “Moderate Buy” consensus, which supports positive analyst sentiment and could help stabilize the stock if guidance or results are mixed. CoStar Group, Inc. (NASDAQ:CSGP) Given Consensus Rating of “Moderate Buy” by Brokerages
• Positive Sentiment: Wall Street analysts still maintain moderately optimistic target prices despite recent underperformance — indicates potential for upward revisions if growth/AI traction accelerates. What Are Wall Street Analysts’ Target Price for CoStar Group Stock?
• Neutral Sentiment: CoStar tweaked its severance plan amid activist pressure — governance changes bring uncertainty and potential for further activist engagement; outcome could be neutral or pivotally positive/negative depending on escalation. CoStar Tweaks Severance Plan As Activists Press For Governance Shifts
• Neutral Sentiment: Recent short‑interest reports show anomalous data (listed increases but 0 shares and NaN changes) — appears to be a data glitch and is unlikely to be a meaningful market driver unless confirmed by reliable short‑interest filings.
• Negative Sentiment: Zacks’ earnings preview says CoStar lacks the setup for a likely earnings beat next week — increases the risk of short‑term downside if results or guidance disappoint relative to high investor expectations. CoStar Group (CSGP) Reports Next Week: Wall Street Expects Earnings Growth

CoStar Group Trading Up 1.7%

Shares of NASDAQ CSGP opened at $45.74 on Wednesday. CoStar Group, Inc. has a 1-year low of $43.80 and a 1-year high of $97.43. The company has a 50-day moving average of $61.35 and a two-hundred day moving average of $73.28. The company has a market cap of $19.39 billion, a PE ratio of 914.80, a P/E/G ratio of 1.18 and a beta of 0.84. The company has a current ratio of 3.12, a quick ratio of 3.12 and a debt-to-equity ratio of 0.12.

CoStar Group announced that its board has approved a share repurchase plan on Wednesday, January 7th that authorizes the company to repurchase $1.50 billion in shares. This repurchase authorization authorizes the technology company to buy up to 5.3% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its stock is undervalued.

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.