Jefferies Financial Group Inc. Invests $4.21 Million in CoStar Group, Inc. $CSGP

Jefferies Financial Group Inc. bought a new stake in CoStar Group, Inc. (NASDAQ:CSGP) during the 2nd quarter, Holdings Channel.com reports. The firm bought 148,731 shares of the technology company’s stock, valued at approximately $4,212,000.

Several other hedge funds have also recently added to or reduced their stakes in CSGP. Public Employees Retirement System of Ohio acquired a new position in shares of CoStar Group in the 2nd quarter worth approximately $3,315,000. Transamerica Financial Advisors LLC bought a new position in CoStar Group during the second quarter worth $33,000. Corient Private Wealth LP bought a new position in CoStar Group during the second quarter worth $2,345,000. Perennial Investment Advisors LLC acquired a new position in CoStar Group in the second quarter valued at $301,000. Finally, Petrus Trust Company LTA bought a new stake in CoStar Group during the second quarter valued at $21,416,000. Institutional investors own 96.60% of the company’s stock.

Insider Transactions at CoStar Group

In other CoStar Group news, CAO Cynthia Cammett Cann sold 4,788 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $30.78, for a total transaction of $147,374.64. Following the completion of the sale, the chief accounting officer directly owned 18,822 shares of the company’s stock, valued at approximately $579,341.16. The trade was a 20.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Andrew C. Florance acquired 83,300 shares of the stock in a transaction dated Tuesday, August 4th. The stock was bought at an average cost of $29.89 per share, with a total value of $2,489,837.00. Following the completion of the purchase, the chief executive officer owned 1,806,165 shares of the company’s stock, valued at approximately $53,986,271.85. The trade was a 4.83% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.18% of the stock is currently owned by insiders.

CoStar Group Stock Performance

NASDAQ CSGP opened at $32.22 on Friday. The company has a market cap of $13.06 billion, a P/E ratio of 169.59, a PEG ratio of 0.82 and a beta of 0.72. The company has a fifty day simple moving average of $30.10 and a 200 day simple moving average of $35.97. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.13. CoStar Group, Inc. has a 12-month low of $25.89 and a 12-month high of $91.89.

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 analysts’ consensus estimates of $0.29 by $0.03. The firm had revenue of $925.00 million for the quarter, compared to analyst estimates of $928.81 million. CoStar Group had a net margin of 2.08% and a return on equity of 3.74%. The business’s quarterly revenue was up 18.4% compared to the same quarter last year. During the same period last year, the firm earned $0.17 earnings per share. 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. Sell-side analysts predict that CoStar Group, Inc. will post 1.06 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

CSGP has been the subject of several research analyst reports. Weiss Ratings reissued a “sell (d)” rating on shares of CoStar Group in a research report on Wednesday, June 24th. Royal Bank Of Canada set a $34.00 price target on CoStar Group and gave the stock a “sector perform” rating in a report on Monday, July 13th. BTIG Research lowered their price objective on shares of CoStar Group from $55.00 to $42.00 and set a “buy” rating for the company in a research note on Wednesday, July 29th. BMO Capital Markets reissued a “market perform” rating and set a $33.00 target price (up from $31.00) on shares of CoStar Group in a research note on Monday. Finally, Citizens Jmp reduced their price target on shares of CoStar Group from $44.00 to $35.00 and set a “market outperform” rating for the company in a report on Wednesday, July 29th. 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 data from MarketBeat.com, CoStar Group currently has an average rating of “Hold” and a consensus target price of $40.11.

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.