112,073 Shares in CoStar Group, Inc. $CSGP Bought by North Star Asset Management Inc.

North Star Asset Management Inc. purchased a new position in CoStar Group, Inc. (NASDAQ:CSGP) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 112,073 shares of the technology company’s stock, valued at approximately $3,174,000.

Several other large investors also recently modified their holdings of the stock. Reflection Asset Management bought a new stake in shares of CoStar Group in the fourth quarter valued at $27,000. Lloyd Advisory Services LLC. bought a new position in shares of CoStar Group during the 4th quarter worth $29,000. Caitong International Asset Management Co. Ltd increased its holdings in CoStar Group by 25,650.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock worth $43,000 after acquiring an additional 513 shares during the last quarter. JPL Wealth Management LLC purchased a new stake in CoStar Group in the 3rd quarter worth about $48,000. Finally, DV Equities LLC bought a new stake in CoStar Group in the 4th quarter valued at about $40,000. Hedge funds and other institutional investors own 96.60% of the company’s stock.

CoStar Group Stock Performance

Shares of CSGP stock opened at $31.34 on Friday. The company has a market capitalization of $12.70 billion, a P/E ratio of 164.96, a PEG ratio of 0.85 and a beta of 0.72. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.21 and a current ratio of 2.21. The stock has a 50 day moving average price of $30.05 and a two-hundred day moving average price of $36.00. CoStar Group, Inc. has a fifty-two week low of $25.89 and a fifty-two week high of $91.89.

CoStar Group (NASDAQ:CSGP) last announced its quarterly earnings results on Tuesday, July 28th. The technology company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. CoStar Group had a net margin of 2.08% and a return on equity of 3.74%. The business had revenue of $925.00 million for the quarter, compared to analyst estimates of $928.81 million. During the same quarter last year, the firm earned $0.17 EPS. The company’s revenue was up 18.4% on a year-over-year basis. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. Analysts expect that CoStar Group, Inc. will post 1.06 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO Andrew C. Florance acquired 83,300 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were acquired at an average cost of $29.89 per share, with a total value of $2,489,837.00. Following the transaction, the chief executive officer owned 1,806,165 shares in the company, valued at $53,986,271.85. The trade was a 4.83% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Cynthia Cammett Cann sold 4,788 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $30.78, for a total value of $147,374.64. Following the transaction, the chief accounting officer owned 18,822 shares in the company, valued at $579,341.16. This trade represents a 20.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.18% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on CSGP. Needham & Company LLC dropped their price objective on shares of CoStar Group from $50.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, July 29th. Stephens reduced their target price on shares of CoStar Group from $50.00 to $42.00 and set an “overweight” rating for the company in a research note on Monday, May 4th. Citizens Jmp lowered their target price on shares of CoStar Group from $44.00 to $35.00 and set a “market outperform” rating on the stock in a report on Wednesday, July 29th. Benchmark initiated coverage on shares of CoStar Group in a report on Thursday, June 4th. They issued a “buy” rating and a $45.00 price target on the stock. Finally, Citigroup downgraded CoStar Group from a “market outperform” rating to a “neutral” rating and lowered their price objective for the stock from $70.00 to $33.00 in a research report on Wednesday, July 29th. Nine analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $40.11.

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.