29,100 Shares in CoStar Group, Inc. $CSGP Purchased by Wolf Hill Capital Management LP

Wolf Hill Capital Management LP purchased a new stake in shares of CoStar Group, Inc. (NASDAQ:CSGP) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 29,100 shares of the technology company’s stock, valued at approximately $824,112. CoStar Group makes up 0.0% of Wolf Hill Capital Management LP’s holdings, making the stock its 27th biggest holding.

Other hedge funds have also recently modified their holdings of the company. Meritage Group LP acquired a new position in shares of CoStar Group during the 2nd quarter valued at about $152,763,000. OMERS ADMINISTRATION Corp acquired a new position in shares of CoStar Group in the second quarter worth about $5,887,000. Sanctuary Advisors LLC bought a new stake in CoStar Group in the second quarter valued at $1,021,000. Barbara Oil Co. bought a new stake in shares of CoStar Group during the 2nd quarter worth $948,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in CoStar Group in the second quarter worth approximately $33,126,000. Institutional investors and hedge funds own 96.60% of the company’s stock.

CoStar Group Price Performance

CSGP stock traded up $1.02 on Friday, hitting $32.36. 2,653,334 shares of the company’s stock traded hands, compared to its average volume of 7,109,008. The stock has a market cap of $13.11 billion, a price-to-earnings ratio of 170.32, a P/E/G ratio of 0.85 and a beta of 0.72. CoStar Group, Inc. has a 1-year low of $25.89 and a 1-year high of $91.89. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.13. The stock has a fifty day moving average of $30.05 and a 200-day moving average of $36.00.

CoStar Group (NASDAQ:CSGP) last announced its earnings results on Tuesday, July 28th. The technology company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.29 by $0.03. CoStar Group had a return on equity of 3.74% and a net margin of 2.08%.The business had revenue of $925.00 million for the quarter, compared to the consensus estimate of $928.81 million. During the same period in the previous year, the business earned $0.17 EPS. CoStar Group’s revenue was up 18.4% compared to the same quarter last year. 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. On average, analysts forecast that CoStar Group, Inc. will post 1.06 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on CSGP shares. Stephens cut their price objective on CoStar Group from $50.00 to $42.00 and set an “overweight” rating on the stock in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft set a $44.00 price target on CoStar Group in a research report on Thursday, April 30th. Bank of America cut their target price on CoStar Group from $42.00 to $37.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 19th. BTIG Research dropped their price objective on shares of CoStar Group from $55.00 to $42.00 and set a “buy” rating for the company in a report on Wednesday, July 29th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $40.00 price target on shares of CoStar Group in a research note on Wednesday, July 29th. Nine equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $40.11.

Insider Buying and Selling at CoStar Group

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

CoStar Group Company 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.