CoStar Group Sees Unusually High Options Volume (NASDAQ:CSGP)

CoStar Group, Inc. (NASDAQ:CSGP) was the recipient of some unusual options trading on Monday. Stock traders acquired 3,043 put options on the stock. This is an increase of approximately 47% compared to the typical daily volume of 2,074 put options.

Insider Buying and Selling at CoStar Group

In related news, CEO Andrew C. Florance purchased 83,300 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were bought at an average price 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 approximately $53,986,271.85. This represents a 4.83% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.18% of the company’s stock.

Institutional Trading of CoStar Group

Hedge funds have recently bought and sold shares of the stock. Reflection Asset Management acquired a new stake in shares of CoStar Group during the fourth quarter worth about $27,000. Lloyd Advisory Services LLC. purchased a new stake in CoStar Group in the fourth quarter valued at $29,000. Caitong International Asset Management Co. Ltd boosted its holdings 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 valued at $43,000 after purchasing an additional 513 shares during the last quarter. JPL Wealth Management LLC acquired a new stake in CoStar Group during the 3rd quarter worth about $48,000. Finally, DV Equities LLC acquired a new stake in CoStar Group during the 4th quarter worth about $40,000. Hedge funds and other institutional investors own 96.60% of the company’s stock.

Analyst Upgrades and Downgrades

CSGP has been the topic of a number of analyst reports. Robert W. Baird set a $34.00 price objective on shares of CoStar Group and gave the company a “neutral” rating in a research report on Tuesday, July 14th. Wells Fargo & Company set a $26.00 price target on shares of CoStar Group and gave the company an “underweight” rating in a report on Wednesday, June 24th. Weiss Ratings reissued a “sell (d)” rating on shares of CoStar Group in a research report on Wednesday, June 24th. Citigroup downgraded shares of CoStar Group from a “market outperform” rating to a “neutral” rating and decreased their price objective for the stock from $70.00 to $33.00 in a research note on Wednesday, July 29th. Finally, Citizens Jmp cut their target price on CoStar Group from $44.00 to $35.00 and set a “market outperform” rating on the stock in a research note on Wednesday, July 29th. Nine 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $41.61.

CoStar Group Stock Up 2.6%

Shares of CSGP stock traded up $0.78 during mid-day trading on Monday, hitting $31.02. The stock had a trading volume of 1,059,774 shares, compared to its average volume of 7,260,545. CoStar Group has a 12-month low of $25.89 and a 12-month high of $94.95. The firm has a market capitalization of $12.57 billion, a P/E ratio of 163.61, a price-to-earnings-growth ratio of 0.80 and a beta of 0.72. The firm’s 50-day moving average is $30.28 and its two-hundred day moving average is $38.81. 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 (NASDAQ:CSGP) last released its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.32 earnings per share for the quarter, beating 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 during the quarter, compared to the consensus estimate of $928.81 million. During the same period in the previous year, the company posted $0.17 earnings per share. The firm’s quarterly revenue 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, analysts predict that CoStar Group will post 1.06 earnings per share for the current fiscal year.

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.