CoStar Group, Inc. $CSGP Holdings Cut by Tran Capital Management L.P.

by · The Markets Daily

Tran Capital Management L.P. cut its stake in shares of CoStar Group, Inc. (NASDAQ:CSGP – Free Report) by 7.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 265,590 shares of the technology company’s stock after selling 20,530 shares during the quarter. CoStar Group makes up 2.7% of Tran Capital Management L.P.’s portfolio, making the stock its 15th largest holding. Tran Capital Management L.P. owned about 0.06% of CoStar Group worth $22,408,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in CSGP. Rossby Financial LCC grew its stake in CoStar Group by 315.9% during the 2nd quarter. Rossby Financial LCC now owns 341 shares of the technology company’s stock worth $27,000 after buying an additional 259 shares during the last quarter. Bayforest Capital Ltd bought a new position in shares of CoStar Group during the first quarter worth about $29,000. NewSquare Capital LLC increased its holdings in shares of 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 acquiring an additional 108 shares during the period. SJS Investment Consulting Inc. increased its holdings in shares of CoStar Group by 3,046.2% in the 3rd quarter. SJS Investment Consulting Inc. now owns 409 shares of the technology company’s stock worth $35,000 after acquiring an additional 396 shares during the period. Finally, Elevation Point Wealth Partners LLC bought a new stake in CoStar Group in the 2nd quarter valued at about $36,000. 96.60% of the stock is currently owned by institutional investors and hedge funds.

CoStar Group Trading Down 8.2%

Shares of CoStar Group stock opened at $61.66 on Thursday. The business has a fifty day simple moving average of $67.29 and a 200-day simple moving average of $79.08. CoStar Group, Inc. has a fifty-two week low of $61.57 and a fifty-two week high of $97.43. The firm has a market cap of $26.13 billion, a price-to-earnings ratio of 1,233.20, a price-to-earnings-growth ratio of 1.45 and a beta of 0.84. The company has a quick ratio of 3.12, a current ratio of 3.12 and a debt-to-equity ratio of 0.12.

CoStar Group (NASDAQ:CSGP – Get Free Report) last released its earnings results on Tuesday, October 28th. The technology company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.04. CoStar Group had a return on equity of 2.45% and a net margin of 0.66%.The firm had revenue of $833.60 million for the quarter, compared to analyst estimates of $823.62 million. During the same period in the previous year, the company earned $0.22 earnings per share. CoStar Group’s revenue was up 20.4% compared to the same quarter last year. CoStar Group has set its Q4 2025 guidance at 0.260-0.280 EPS and its FY 2025 guidance at 0.820-0.840 EPS. On average, equities analysts forecast that CoStar Group, Inc. will post 0.94 EPS for the current fiscal year.

CoStar Group announced that its Board of Directors has authorized a share buyback program on Wednesday, January 7th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the technology company to purchase up to 5.3% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

CSGP has been the subject of several recent analyst reports. Raymond James Financial set a $74.00 target price on shares of CoStar Group in a research report on Wednesday. Needham & Company LLC reiterated a “buy” rating and set a $105.00 price objective on shares of CoStar Group in a research report on Monday, December 8th. Wells Fargo & Company set a $60.00 price objective on CoStar Group and gave the stock an “underweight” rating in a report on Monday, November 17th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CoStar Group in a research note on Monday, December 29th. Finally, BTIG Research initiated coverage on CoStar Group in a research report on Friday, October 3rd. They set a “neutral” rating for the company. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, CoStar Group has a consensus rating of “Moderate Buy” and an average target price of $92.00.

Read Our Latest Stock Report on CSGP

Key Headlines Impacting CoStar Group

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

  • Positive Sentiment: Board approved a $1.5 billion share repurchase (about 5.3% of shares outstanding), signaling management believes the stock is undervalued and returning cash to shareholders. Read More.
  • Positive Sentiment: Company disclosed a medium‑term plan focused on significant adjusted EBITDA expansion and outlined capital allocation priorities (buybacks, margin improvement). This is management signaling improved profitability and shareholder alignment. Read More.
  • Positive Sentiment: Management expects ~18% year‑over‑year revenue growth for FY26, reinforcing top‑line strength in its marketplaces and analytics businesses. Read More.
  • Positive Sentiment: Analyst coverage: William Blair reiterated a Buy rating and framed the combination of conservative guidance and improved capital allocation as a buying opportunity. Analyst support can stabilize sentiment after a selloff. Read More.
  • Neutral Sentiment: CoStar issued FY‑26 EPS guidance of $1.220–$1.330 (consensus ~$1.27) and revenue guidance roughly in line with expectations; the range is conservative but not a large miss — leaves upside dependent on execution. Read More.
  • Neutral Sentiment: Corporate governance / compensation tweaks were announced alongside the buyback, presented as shareholder‑aligned changes; impact depends on details and investor reception. Read More.
  • Negative Sentiment: CoStar plans to reduce net investment in Homes.com by at least $100M annually through 2030; Barron’s reports investors reacted negatively to the longer timeline to profitability and reduced investment, which likely exacerbated the selloff. Read More.

CoStar Group Company Profile

(Free Report)

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.

See Also

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