CoStar Group, Inc. $CSGP Shares Acquired by American Century Companies Inc.

American Century Companies Inc. increased its holdings in CoStar Group, Inc. (NASDAQ:CSGP) by 682.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 551,523 shares of the technology company’s stock after buying an additional 481,024 shares during the period. American Century Companies Inc. owned about 0.13% of CoStar Group worth $46,532,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of CSGP. NewSquare Capital LLC grew its position in CoStar Group by 35.6% in the 2nd quarter. NewSquare Capital LLC now owns 411 shares of the technology company’s stock worth $33,000 after purchasing an additional 108 shares during the last quarter. Empirical Finance LLC raised its holdings in shares of CoStar Group by 1.4% during the second 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 during the last quarter. STF Management LP raised its holdings in shares of CoStar Group by 2.1% during the second quarter. STF Management LP now owns 6,269 shares of the technology company’s stock valued at $504,000 after buying an additional 128 shares during the last quarter. Rossby Financial LCC boosted 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 buying an additional 162 shares during the period. Finally, Golden State Wealth Management LLC grew its holdings in CoStar Group by 4.8% in the 3rd quarter. Golden State Wealth Management LLC now owns 3,626 shares of the technology company’s stock worth $306,000 after buying an additional 166 shares in the last quarter. Institutional investors own 96.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on CSGP shares. William Blair reiterated an “outperform” rating on shares of CoStar Group in a research report on Tuesday. BTIG Research set a $60.00 price target on shares of CoStar Group and gave the stock a “buy” rating in a research report on Thursday, February 26th. Wells Fargo & Company reduced their price target on shares of CoStar Group from $48.00 to $44.00 and set an “underweight” rating for the company in a research note on Wednesday, February 25th. Citigroup reiterated a “market outperform” rating on shares of CoStar Group in a research note on Thursday, January 8th. Finally, Royal Bank Of Canada dropped their target price on CoStar Group from $75.00 to $57.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $73.35.

CoStar Group Stock Performance

Shares of CoStar Group stock opened at $48.91 on Friday. CoStar Group, Inc. has a 12 month low of $43.16 and a 12 month high of $97.43. The company has a quick ratio of 2.84, a current ratio of 2.84 and a debt-to-equity ratio of 0.12. The stock has a market cap of $20.53 billion, a PE ratio of 4,895.90, a price-to-earnings-growth ratio of 1.29 and a beta of 0.89. The business has a fifty day simple moving average of $56.85 and a 200-day simple moving average of $69.78.

CoStar Group (NASDAQ:CSGP) last issued its earnings results on Tuesday, February 24th. The technology company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The company had revenue of $900.00 million during the quarter, compared to analyst estimates of $892.22 million. CoStar Group had a net margin of 0.23% and a return on equity of 2.53%. The company’s revenue for the quarter was up 26.9% on a year-over-year basis. During the same quarter last year, the business posted $0.26 EPS. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. On average, sell-side analysts anticipate that CoStar Group, Inc. will post 0.94 EPS for the current fiscal year.

CoStar Group declared that its board has approved a stock buyback plan on Wednesday, January 7th that authorizes the company to buyback $1.50 billion in shares. This buyback authorization authorizes the technology company to purchase up to 5.3% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board of directors believes its shares are 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.