Segall Bryant & Hamill LLC Invests $1.09 Million in CoStar Group, Inc. $CSGP

Segall Bryant & Hamill LLC bought a new stake in CoStar Group, Inc. (NASDAQ:CSGP) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 26,988 shares of the technology company’s stock, valued at approximately $1,089,000.

A number of other large investors have also added to or reduced their stakes in the company. Liontrust Investment Partners LLP boosted its position in CoStar Group by 23.8% in the 1st quarter. Liontrust Investment Partners LLP now owns 35,058 shares of the technology company’s stock valued at $1,414,000 after buying an additional 6,734 shares during the last quarter. Bank of America Corp DE increased its position in shares of CoStar Group by 1.8% during the first quarter. Bank of America Corp DE now owns 3,568,107 shares of the technology company’s stock worth $143,937,000 after acquiring an additional 63,295 shares during the last quarter. Edgestream Partners L.P. lifted its stake in shares of CoStar Group by 370.9% in the first quarter. Edgestream Partners L.P. now owns 74,431 shares of the technology company’s stock worth $3,003,000 after acquiring an additional 58,626 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in CoStar Group by 3.4% in the first quarter. Janus Henderson Group PLC now owns 7,724,152 shares of the technology company’s stock valued at $311,586,000 after purchasing an additional 250,772 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in CoStar Group by 60.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,721 shares of the technology company’s stock valued at $110,000 after purchasing an additional 1,026 shares in the last quarter. 96.60% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Andrew C. Florance bought 83,300 shares of CoStar Group stock in a transaction on Tuesday, August 4th. The stock was purchased at an average cost of $29.89 per share, with a total value of $2,489,837.00. Following the purchase, the chief executive officer directly owned 1,806,165 shares of the company’s stock, valued at approximately $53,986,271.85. This trade represents a 4.83% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.18% of the stock is currently owned by corporate insiders.

CoStar Group Trading Up 1.3%

NASDAQ: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 P/E/G ratio of 0.78 and a beta of 0.72. The business has a 50 day simple moving average of $30.38 and a 200 day simple moving average of $39.31. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.21 and a quick ratio of 2.21. 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 earnings results on Tuesday, July 28th. The technology company reported $0.32 earnings per share 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 firm had revenue of $925.00 million for the quarter, compared to analyst estimates of $928.81 million. During the same period last year, the company earned $0.17 earnings per share. The firm’s revenue for the quarter was up 18.4% on a year-over-year basis. 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 research analysts predict that CoStar Group, Inc. will post 1.06 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on CSGP. Wolfe Research restated an “outperform” rating and issued a $32.00 price target (down from $35.00) on shares of CoStar Group in a research note on Wednesday, July 29th. Needham & Company LLC reduced their price objective on shares of CoStar Group from $50.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, July 29th. JPMorgan Chase & Co. decreased their price objective on shares of CoStar Group from $58.00 to $52.00 and set an “overweight” rating for the company in a report on Wednesday, July 29th. Benchmark initiated coverage on shares of CoStar Group in a report on Thursday, June 4th. They set a “buy” rating and a $45.00 price objective for the company. Finally, Wells Fargo & Company set a $26.00 target price on shares of CoStar Group and gave the stock an “underweight” rating in a research report on Wednesday, June 24th. Nine research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $41.61.

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.