Capital International Inc. CA Sells 11,414 Shares of CoStar Group, Inc. $CSGP

Capital International Inc. CA lessened its holdings in CoStar Group, Inc. (NASDAQ:CSGP) by 53.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,959 shares of the technology company’s stock after selling 11,414 shares during the quarter. Capital International Inc. CA’s holdings in CoStar Group were worth $840,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of CSGP. ING Groep NV raised its holdings in shares of CoStar Group by 1,950.5% during the 3rd quarter. ING Groep NV now owns 128,052 shares of the technology company’s stock worth $10,804,000 after buying an additional 121,807 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in CoStar Group by 14.1% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 171,380 shares of the technology company’s stock valued at $14,459,000 after buying an additional 21,225 shares in the last quarter. UMB Bank n.a. boosted its stake in CoStar Group by 51.6% in the third quarter. UMB Bank n.a. now owns 225,305 shares of the technology company’s stock valued at $19,009,000 after buying an additional 76,720 shares in the last quarter. Swedbank AB grew its position in CoStar Group by 21.0% in the third quarter. Swedbank AB now owns 302,360 shares of the technology company’s stock valued at $25,510,000 after acquiring an additional 52,433 shares during the last quarter. Finally, Generali Asset Management SPA SGR grew its position in CoStar Group by 641.8% in the third quarter. Generali Asset Management SPA SGR now owns 23,880 shares of the technology company’s stock valued at $2,015,000 after acquiring an additional 20,661 shares during the last quarter. 96.60% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently commented on CSGP. Wells Fargo & Company dropped their target price on shares of CoStar Group from $48.00 to $44.00 and set an “underweight” rating for the company in a report on Wednesday, February 25th. The Goldman Sachs Group lowered their price objective on shares of CoStar Group from $84.00 to $73.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. Keefe, Bruyette & Woods dropped their price objective on shares of CoStar Group from $75.00 to $70.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. Zacks Research upgraded shares of CoStar Group from a “strong sell” rating to a “hold” rating in a research report on Monday. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of CoStar Group in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, CoStar Group currently has an average rating of “Moderate Buy” and an average price target of $73.35.

Key CoStar Group News

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

• Positive Sentiment: Director Louise Sams purchased 1,000 shares, signaling insider confidence. Insider Form 4
• Positive Sentiment: Zacks upgraded CSGP from “strong sell” to “hold”, a mild vote of support from an independent research shop. Zacks Research
• Positive Sentiment: Management has a $1.5B buyback authorization (announced Jan. 7), which can support the stock and offset selling pressure.
• Neutral Sentiment: CoStar has publicly pushed back on D. E. Shaw’s claims with corrections and rebuttals — this clarifies the company’s position but doesn’t eliminate investor questions. CoStar Corrects D.E. Shaw Claims Investing.com Coverage
• Neutral Sentiment: Analyst coverage remains mixed: consensus is a “Moderate Buy” with an average target ~ $73, but several firms have cut targets recently — keeps outlook mixed.
• Neutral Sentiment: Short-interest reporting shows inconsistent feeds (some notices list 0 shares due to data errors). Investors should rely on the verified Feb 27 filing for accurate figures.
• Negative Sentiment: Activist investor D. E. Shaw released an open letter criticizing CoStar’s decision to reconfigure reporting segments, saying it reduces transparency and masks underperformance (Homes.com focus). That letter is driving headline risk and investor concern. D. E. Shaw Open Letter
• Negative Sentiment: Short interest rose materially in late February to ~26.15M shares (up ~35% vs. mid‑Feb), about 6.3% of shares outstanding and ~3.7 days-to-cover — increased bearish positioning can amplify downside pressure.
• Negative Sentiment: Critical media pieces (e.g., coverage questioning Homes.com performance) add reputational risk and may amplify selling amid the activist campaign. TheStreet Homes.com Critique

CoStar Group Stock Down 2.1%

Shares of NASDAQ CSGP opened at $45.34 on Thursday. The company has a 50 day simple moving average of $55.23 and a 200 day simple moving average of $68.47. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.84 and a quick ratio of 2.84. CoStar Group, Inc. has a 1 year low of $43.16 and a 1 year high of $97.43. The firm has a market cap of $19.03 billion, a PE ratio of 4,538.54, a price-to-earnings-growth ratio of 1.24 and a beta of 0.89.

CoStar Group (NASDAQ:CSGP) last posted its earnings results on Tuesday, February 24th. The technology company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The firm had revenue of $900.00 million for 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% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.26 EPS. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. On average, research analysts forecast that CoStar Group, Inc. will post 0.94 EPS for the current year.

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 outstanding 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 often a sign that the company’s management believes its stock is undervalued.

Insiders Place Their Bets

In related news, Director Louise S. Sams acquired 1,000 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The stock was acquired at an average cost of $48.36 per share, for a total transaction of $48,360.00. Following the completion of the acquisition, the director directly owned 20,409 shares of the company’s stock, valued at approximately $986,979.24. This trade represents a 5.15% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. 1.09% of the stock is owned by insiders.

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.