Azzad Asset Management Inc. ADV Has $815,000 Position in CoStar Group, Inc. $CSGP

Azzad Asset Management Inc. ADV lessened its stake in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 87.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 12,120 shares of the technology company’s stock after selling 86,365 shares during the period. Azzad Asset Management Inc. ADV’s holdings in CoStar Group were worth $815,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Enhancing Capital LLC grew its holdings in shares of CoStar Group by 2.2% in the third quarter. Enhancing Capital LLC now owns 7,030 shares of the technology company’s stock worth $593,000 after purchasing an additional 150 shares during the last quarter. Rossby Financial LCC grew its holdings in shares of CoStar Group by 47.5% in the third quarter. Rossby Financial LCC now owns 503 shares of the technology company’s stock worth $42,000 after purchasing an additional 162 shares during the last quarter. Golden State Wealth Management LLC grew its holdings in shares of CoStar Group by 4.8% in the third quarter. Golden State Wealth Management LLC now owns 3,626 shares of the technology company’s stock worth $306,000 after purchasing an additional 166 shares during the last quarter. Zions Bancorporation National Association UT grew its holdings in shares of CoStar Group by 41.8% in the third quarter. Zions Bancorporation National Association UT now owns 563 shares of the technology company’s stock worth $48,000 after purchasing an additional 166 shares during the last quarter. Finally, United Capital Financial Advisors LLC grew its holdings in shares of CoStar Group by 2.3% in the third quarter. United Capital Financial Advisors LLC now owns 7,545 shares of the technology company’s stock worth $637,000 after purchasing an additional 167 shares during the last quarter. Institutional investors and hedge funds own 96.60% of the company’s stock.

CoStar Group Price Performance

CSGP opened at $38.82 on Thursday. The stock has a 50-day moving average price of $46.15 and a 200-day moving average price of $61.90. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.84 and a quick ratio of 2.84. The firm has a market cap of $16.30 billion, a PE ratio of 3,885.89, a P/E/G ratio of 1.07 and a beta of 0.92. CoStar Group, Inc. has a 1 year low of $38.47 and a 1 year high of $97.43.

CoStar Group (NASDAQ:CSGP) last posted its quarterly earnings results on Tuesday, February 24th. The technology company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.04. The firm had revenue of $899.90 million during the quarter, compared to analyst estimates of $892.22 million. CoStar Group had a return on equity of 2.53% and a net margin of 0.23%.CoStar Group’s quarterly revenue was up 26.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.26 EPS. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. Sell-side analysts predict that CoStar Group, Inc. will post 0.94 earnings per share for the current fiscal year.

CoStar Group declared that its board has initiated a stock repurchase program 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 shares through open market purchases. Shares repurchase programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

Several analysts recently weighed in on CSGP shares. Citizens Jmp cut their price target on shares of CoStar Group from $78.00 to $73.00 and set a “market outperform” rating on the stock in a report on Wednesday, February 25th. Robert W. Baird set a $73.00 price target on shares of CoStar Group in a report on Wednesday, February 25th. Zacks Research upgraded shares of CoStar Group from a “strong sell” rating to a “hold” rating in a report on Monday, March 9th. BMO Capital Markets cut their price target on shares of CoStar Group from $72.00 to $53.00 and set a “market perform” rating on the stock in a report on Thursday, February 26th. Finally, Citigroup reiterated a “market outperform” rating on shares of CoStar Group in a report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, CoStar Group currently has an average rating of “Moderate Buy” and an average target price of $72.76.

Insider Activity

In related news, Director Louise S. Sams purchased 1,000 shares of the stock in a transaction dated Friday, March 6th. The stock was purchased at an average price of $48.36 per share, with a total value of $48,360.00. Following the transaction, the director directly owned 20,409 shares in the company, valued at $986,979.24. This trade represents a 5.15% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.09% of the stock is currently owned by corporate 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.