North Star Asset Management Inc. Takes Position in CoStar Group, Inc. $CSGP

North Star Asset Management Inc. bought a new position in CoStar Group, Inc. (NASDAQ:CSGP) during the second quarter, Holdings Channel reports. The fund bought 112,073 shares of the technology company’s stock, valued at approximately $3,174,000.

Several other institutional investors also recently modified their holdings of the business. Reflection Asset Management bought a new position in shares of CoStar Group during the fourth quarter valued at approximately $27,000. Lloyd Advisory Services LLC. bought a new stake in shares of CoStar Group in the 4th quarter worth approximately $29,000. Transamerica Financial Advisors LLC bought a new stake in shares of CoStar Group in the 2nd quarter worth approximately $33,000. DV Equities LLC purchased a new stake in shares of CoStar Group in the 4th quarter worth approximately $40,000. Finally, IFP Advisors Inc grew its stake 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 worth $41,000 after buying an additional 471 shares during the last quarter. 96.60% of the stock is currently owned by institutional investors.

CoStar Group Price Performance

Shares of NASDAQ CSGP opened at $31.34 on Friday. The firm has a market cap of $12.70 billion, a P/E ratio of 164.96, a PEG ratio of 0.85 and a beta of 0.72. CoStar Group, Inc. has a twelve month low of $25.89 and a twelve month high of $91.89. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.13. The company has a 50 day moving average of $30.05 and a 200 day moving average of $36.00.

CoStar Group (NASDAQ:CSGP) last issued its earnings results on Tuesday, July 28th. The technology company reported $0.32 EPS for the quarter, beating the consensus estimate 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%.The company’s revenue was up 18.4% compared to the same quarter last year. During the same period last year, the business posted $0.17 EPS. 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. As a group, research analysts expect that CoStar Group, Inc. will post 1.06 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently weighed in on CSGP. JPMorgan Chase & Co. reduced their price objective on CoStar Group from $58.00 to $52.00 and set an “overweight” rating for the company in a research report on Wednesday, July 29th. Citizens Jmp dropped their target price on CoStar Group from $44.00 to $35.00 and set a “market outperform” rating on the stock in a report on Wednesday, July 29th. BTIG Research cut their target price on CoStar Group from $55.00 to $42.00 and set a “buy” rating on the stock in a research note on Wednesday, July 29th. Benchmark began coverage on CoStar Group in a report on Thursday, June 4th. They set a “buy” rating and a $45.00 price target for the company. Finally, KeyCorp set a $33.00 price target on CoStar Group in a research report on Monday. Nine equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $40.11.

Insiders Place Their Bets

In other CoStar Group news, CEO Andrew C. Florance acquired 83,300 shares of CoStar Group stock in a transaction that occurred on Tuesday, August 4th. The stock was bought at an average cost of $29.89 per share, for a total transaction of $2,489,837.00. Following the acquisition, the chief executive officer owned 1,806,165 shares of the company’s stock, valued at $53,986,271.85. This represents a 4.83% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Cynthia Cammett Cann sold 4,788 shares of the business’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $30.78, for a total value of $147,374.64. Following the completion of the transaction, the chief accounting officer directly owned 18,822 shares of the company’s stock, valued at approximately $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. Corporate insiders own 1.18% of the company’s stock.

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.