CoStar Group, Inc. (NASDAQ:CSGP – Get Free Report) was the recipient of some unusual options trading activity on Friday. Stock traders bought 13,936 call options on the stock. This is an increase of approximately 616% compared to the typical daily volume of 1,946 call options.
Insider Activity at CoStar Group
In related news, CEO Andrew C. Florance acquired 83,300 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average price of $29.89 per share, for a total transaction of $2,489,837.00. Following the completion of the purchase, the chief executive officer directly owned 1,806,165 shares of the company’s stock, valued at $53,986,271.85. The trade was a 4.83% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.18% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On CoStar Group
Institutional investors have recently modified their holdings of the company. Reflection Asset Management acquired a new position in CoStar Group in the 4th quarter valued at $27,000. Lloyd Advisory Services LLC. acquired a new position in CoStar Group during the 4th quarter worth $29,000. Caitong International Asset Management Co. Ltd boosted its holdings in CoStar Group by 25,650.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock valued at $43,000 after acquiring an additional 513 shares during the period. JPL Wealth Management LLC bought a new stake in CoStar Group during the third quarter valued at about $48,000. Finally, DV Equities LLC bought a new stake in CoStar Group during the fourth quarter valued at about $40,000. Institutional investors own 96.60% of the company’s stock.
Wall Street Analysts Forecast Growth
Read Our Latest Report on CSGP
CoStar Group Stock Up 4.2%
Shares of NASDAQ:CSGP traded up $1.24 on Friday, reaching $30.82. The company had a trading volume of 1,617,927 shares, compared to its average volume of 7,273,981. The stock has a market capitalization of $12.49 billion, a P/E ratio of 162.20, a P/E/G ratio of 0.79 and a beta of 0.72. The stock has a 50-day moving average price of $30.32 and a 200 day moving average price of $39.05. CoStar Group has a twelve month low of $25.89 and a twelve month high of $96.27. 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 (NASDAQ:CSGP – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. CoStar Group had a return on equity of 3.74% and a net margin of 2.08%.The business had revenue of $925.00 million for the quarter, compared to analyst estimates of $928.81 million. During the same quarter in the prior year, the firm posted $0.17 EPS. 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. On average, equities analysts expect that CoStar Group will post 1.06 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.
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