CoStar Group, Inc. $CSGP Position Boosted by Aberdeen Group plc

Aberdeen Group plc grew its holdings in CoStar Group, Inc. (NASDAQ:CSGP) by 20.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 311,627 shares of the technology company’s stock after purchasing an additional 52,390 shares during the period. Aberdeen Group plc owned about 0.07% of CoStar Group worth $26,292,000 as of its most recent SEC filing.

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

CoStar Group News Summary

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 Stock Performance

Shares of NASDAQ:CSGP opened at $45.74 on Wednesday. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.12 and a quick ratio of 3.12. The business’s fifty day moving average price is $61.35 and its two-hundred day moving average price is $73.28. CoStar Group, Inc. has a fifty-two week low of $43.80 and a fifty-two week high of $97.43. The stock has a market capitalization of $19.39 billion, a price-to-earnings ratio of 914.80, a price-to-earnings-growth ratio of 1.18 and a beta of 0.84.

CoStar Group announced that its board has authorized a stock buyback program on Wednesday, January 7th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the technology company to reacquire up to 5.3% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its stock is undervalued.

Wall Street Analyst Weigh In

CSGP has been the subject of a number of research reports. Citigroup reissued a “market outperform” rating on shares of CoStar Group in a report on Thursday, January 8th. BMO Capital Markets reduced their target price on shares of CoStar Group from $77.00 to $72.00 and set a “market perform” rating for the company in a research note on Thursday, January 8th. Zacks Research lowered CoStar Group from a “hold” rating to a “strong sell” rating in a research note on Friday, January 9th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $84.00 price target on shares of CoStar Group in a report on Wednesday, January 14th. Finally, Bank of America set a $74.00 price objective on CoStar Group in a report on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, CoStar Group presently has an average rating of “Moderate Buy” and an average price target of $83.13.

CoStar Group 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.