43,384 Shares in CoStar Group, Inc. $CSGP Bought by OP Asset Management Ltd

OP Asset Management Ltd purchased a new stake in CoStar Group, Inc. (NASDAQ:CSGP) in the first quarter, HoldingsChannel reports. The institutional investor purchased 43,384 shares of the technology company’s stock, valued at approximately $1,750,000.

Several other large investors also recently bought and sold shares of CSGP. Reflection Asset Management acquired a new stake in shares of CoStar Group during the fourth quarter worth about $27,000. Lloyd Advisory Services LLC. purchased a new stake in shares of CoStar Group in the 4th quarter valued at about $29,000. DV Equities LLC acquired a new stake in shares of CoStar Group in the 4th quarter valued at about $40,000. IFP Advisors Inc boosted its position in shares of CoStar Group by 329.4% in the 4th quarter. IFP Advisors Inc now owns 614 shares of the technology company’s stock valued at $41,000 after purchasing an additional 471 shares during the period. Finally, Caitong International Asset Management Co. Ltd grew its stake in CoStar Group by 25,650.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock worth $43,000 after buying an additional 513 shares during the last quarter. Institutional investors and hedge funds own 96.60% of the company’s stock.

CoStar Group Stock Performance

NASDAQ:CSGP opened at $30.25 on Monday. CoStar Group, Inc. has a 12-month low of $28.54 and a 12-month high of $97.43. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.13. The stock’s 50 day simple moving average is $33.64 and its 200-day simple moving average is $46.43. The firm has a market cap of $12.35 billion, a P/E ratio of 504.25, a PEG ratio of 0.78 and a beta of 0.72.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.05. CoStar Group had a return on equity of 2.90% and a net margin of 0.74%.The firm had revenue of $897.00 million during the quarter, compared to the consensus estimate of $896.73 million. During the same period last year, the company earned ($0.04) earnings per share. The company’s revenue for the quarter was up 22.5% on a year-over-year basis. CoStar Group has set its Q2 2026 guidance at 0.270-0.300 EPS and its FY 2026 guidance at 1.320-1.390 EPS. Equities analysts anticipate that CoStar Group, Inc. will post 1.03 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have commented on CSGP shares. Benchmark started coverage on CoStar Group in a research report on Thursday, June 4th. They set a “buy” rating and a $45.00 price target on the stock. BTIG Research restated a “buy” rating and set a $55.00 target price on shares of CoStar Group in a research report on Wednesday, April 29th. JPMorgan Chase & Co. cut their target price on shares of CoStar Group from $82.00 to $70.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. William Blair reiterated an “outperform” rating on shares of CoStar Group in a research report on Tuesday, March 3rd. Finally, Bank of America decreased their price target on shares of CoStar Group from $42.00 to $37.00 and set a “neutral” rating for the company in a research note on Tuesday, May 19th. Thirteen research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, CoStar Group has an average rating of “Moderate Buy” and an average price target of $54.50.

Insider Buying and Selling at CoStar Group

In other news, CEO Andrew C. Florance bought 71,430 shares of the stock in a transaction dated Friday, May 1st. The shares were acquired at an average price of $35.20 per share, with a total value of $2,514,336.00. Following the completion of the acquisition, the chief executive officer directly owned 1,722,865 shares in the company, valued at approximately $60,644,848. The trade was a 4.33% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.18% of the stock is currently owned by 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.