483,200 Shares in CoStar Group, Inc. $CSGP Bought by Rush Island Management LP

Rush Island Management LP bought a new position in shares of CoStar Group, Inc. (NASDAQ:CSGP) in the first quarter, HoldingsChannel.com reports. The firm bought 483,200 shares of the technology company’s stock, valued at approximately $19,492,000. CoStar Group comprises about 1.3% of Rush Island Management LP’s portfolio, making the stock its 17th largest position.

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

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Benchmark began coverage on CoStar Group in a report on Thursday, June 4th. They issued a “buy” rating and a $45.00 target price on the stock. Citigroup cut their price target on CoStar Group from $100.00 to $70.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. BTIG Research reissued a “buy” rating and issued a $55.00 price objective on shares of CoStar Group in a research report on Wednesday, April 29th. Royal Bank Of Canada set a $34.00 price objective on shares of CoStar Group and gave the stock a “sector perform” rating in a research note on Monday, July 13th. Finally, Bank of America dropped their target price on shares of CoStar Group from $42.00 to $37.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 19th. Twelve equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $51.50.

Insider Activity at CoStar Group

In other news, CEO Andrew C. Florance acquired 71,430 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were bought at an average price of $35.20 per share, with a total value of $2,514,336.00. Following the acquisition, the chief executive officer owned 1,722,865 shares of the company’s stock, valued at $60,644,848. This trade represents a 4.33% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.18% of the company’s stock.

CoStar Group News Summary

Here are the key news stories impacting CoStar Group this week:

• Positive Sentiment: Q2 earnings beat estimates: CoStar reported adjusted earnings of $0.32 per share, above the $0.28-$0.29 consensus range and up from $0.17 a year earlier. Revenue rose 18.4% year over year to $925 million, while net income increased sharply and adjusted EBITDA more than doubled. CoStar Group Q2 earnings beat estimates
• Positive Sentiment: Profitability improved: Management characterized the quarter as a profitability inflection, supported by strong revenue growth, higher margins and $69 million in net new bookings, up 3% from the first quarter. CoStar Group Q2 2026 results
• Positive Sentiment: Full-year EPS outlook topped expectations: CoStar raised or reiterated 2026 EPS guidance at $1.32-$1.39, above the $1.29 analyst consensus, reinforcing the case for continued earnings growth.
• Neutral Sentiment: Some of the recent strength preceded the earnings release, reflecting investor anticipation, bargain hunting after a steep pullback and reported insider purchases. These factors may have supported sentiment but are less concrete than operating results.
• Negative Sentiment: Near-term guidance disappointed: CoStar forecast third-quarter EPS of $0.31-$0.34 versus the $0.36 consensus, and revenue of $935-$945 million versus expectations of approximately $970 million. Full-year revenue guidance of $3.7-$3.8 billion also came in at or below consensus, potentially limiting the stock’s upside.

CoStar Group Stock Up 4.0%

NASDAQ CSGP opened at $30.33 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.20 and a current ratio of 2.20. The firm has a 50-day simple moving average of $30.83 and a 200 day simple moving average of $40.64. CoStar Group, Inc. has a twelve month low of $26.68 and a twelve month high of $97.43. The stock has a market cap of $12.39 billion, a PE ratio of 505.58, a PEG ratio of 0.75 and a beta of 0.74.

CoStar Group (NASDAQ:CSGP) last released its earnings results on Tuesday, July 28th. The technology company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. CoStar Group had a return on equity of 2.90% and a net margin of 0.74%.The business had revenue of $925.00 million for the quarter, compared to the consensus estimate of $928.81 million. During the same period last year, the business earned $0.17 earnings per share. The firm’s revenue for the quarter 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, research analysts forecast that CoStar Group, Inc. will post 1.03 EPS for the current year.

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.