LGT Fund Management Co Ltd. Raises Stock Holdings in CoStar Group, Inc. $CSGP

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LGT Fund Management Co Ltd. significantly increased its stake in CoStar Group (NASDAQ:CSGP) by 125.2% in Q3, now holding 52,061 shares valued at $4.35 million. This follows CoStar Group’s strong Q4 performance, which beat EPS and revenue estimates, and the authorization of a $1.5 billion share buyback program. Institutional ownership of CoStar Group is notably high at 96.6%, with major investors continuing to build or initiate positions.

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