Segall Bryant & Hamill LLC Takes Position in CoStar Group, Inc. $CSGP

Segall Bryant & Hamill LLC acquired a new position in CoStar Group, Inc. (NASDAQ:CSGP) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 26,988 shares of the technology company’s stock, valued at approximately $1,089,000.

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

CoStar Group Price Performance

CSGP opened at $30.21 on Thursday. The firm has a market capitalization of $12.24 billion, a P/E ratio of 159.01, a PEG ratio of 0.78 and a beta of 0.72. The stock has a fifty day moving average of $30.38 and a 200-day moving average of $39.31. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.13. CoStar Group, Inc. has a 12-month low of $25.89 and a 12-month high of $97.40.

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

Insider Activity

In related news, CEO Andrew C. Florance purchased 83,300 shares of CoStar Group stock in a transaction dated Tuesday, August 4th. The stock was acquired at an average cost of $29.89 per share, with a total value of $2,489,837.00. Following the completion of the transaction, the chief executive officer directly owned 1,806,165 shares of the company’s stock, valued at $53,986,271.85. This trade represents a 4.83% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.18% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Weiss Ratings reiterated a “sell (d)” rating on shares of CoStar Group in a research report on Wednesday, June 24th. Bank of America decreased their target price on CoStar Group from $42.00 to $37.00 and set a “neutral” rating for the company in a research note on Tuesday, May 19th. Royal Bank Of Canada set a $34.00 price target on shares of CoStar Group and gave the stock a “sector perform” rating in a research report on Monday, July 13th. Stephens cut their price target on shares of CoStar Group from $50.00 to $42.00 and set an “overweight” rating for the company in a report on Monday, May 4th. Finally, Citizens Jmp reduced their price objective on shares of CoStar Group from $44.00 to $35.00 and set a “market outperform” rating for the company in a research report on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $41.61.

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.