Andrew Florance Purchases 71,430 Shares of CoStar Group (NASDAQ:CSGP) Stock

CoStar Group, Inc. (NASDAQ:CSGP) CEO Andrew Florance acquired 71,430 shares of the stock in a transaction dated Friday, May 1st. The stock was bought at an average cost of $35.20 per share, with a total value of $2,514,336.00. Following the completion of the purchase, the chief executive officer directly owned 1,722,865 shares in the company, valued at approximately $60,644,848. The trade was a 4.33% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

CoStar Group Price Performance

NASDAQ:CSGP opened at $34.90 on Wednesday. The firm has a market capitalization of $14.25 billion, a price-to-earnings ratio of 581.76, a PEG ratio of 0.91 and a beta of 0.75. CoStar Group, Inc. has a 1 year low of $33.31 and a 1 year high of $97.43. The business has a 50 day simple moving average of $41.48 and a 200-day simple moving average of $56.50. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.20 and a quick ratio of 2.20.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.05. CoStar Group had a return on equity of 2.90% and a net margin of 0.74%.The firm had revenue of $897.00 million for the quarter, compared to the consensus estimate of $896.73 million. During the same period in the prior year, the business posted ($0.04) earnings per share. The company’s revenue for the quarter was up 22.5% on a year-over-year basis. CoStar Group has set its Q2 2026 guidance at 0.270-0.300 EPS and its FY 2026 guidance at 1.320-1.390 EPS. Equities analysts forecast that CoStar Group, Inc. will post 1.03 EPS for the current year.

CoStar Group announced that its Board of Directors has authorized a stock repurchase program on Wednesday, January 7th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the technology company to repurchase up to 5.3% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board believes its stock is undervalued.

Trending Headlines about CoStar Group

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

• Positive Sentiment: CEO insider buy — CEO Andrew Florance purchased 71,430 shares (~$2.51M) at about $35.20, increasing his stake and signaling management confidence; insider buys often provide short?term technical support and can attract value buyers. Read More.
• Positive Sentiment: Earnings beat and guidance — CoStar reported April quarter EPS of $0.23 vs. $0.18 consensus and issued Q2/FY2026 EPS guidance (Q2: $0.270–0.300; FY: $1.320–1.390), supporting expectations for continued revenue growth and helping fundamentals underpin the stock. Read More.
• Positive Sentiment: Positive growth score / analyst tilt — Research outlets (Zacks and aggregated analyst data) highlight CoStar as a growth story and the consensus rating remains “Moderate Buy,” which helps sustain institutional interest even as targets vary. Read More.
• Neutral Sentiment: Sector backdrop steady — CoStar’s U.S. retail forecast is described as “balanced through 2026,” implying stable demand for its subscription/data services but not an industry tailwind that would drive a re-rating. Read More.
• Negative Sentiment: Price?target cut by Stephens — Stephens trimmed its target from $50 to $42 (still Overweight); lower targets reduce upside expectations and can cap buying interest, contributing to the down?day despite other positives. Read More.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on CSGP shares. BTIG Research reiterated a “buy” rating and issued a $55.00 price target on shares of CoStar Group in a report on Wednesday, April 29th. JPMorgan Chase & Co. reduced their price target on CoStar Group from $82.00 to $70.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Keefe, Bruyette & Woods reduced their price objective on CoStar Group from $57.00 to $50.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. Citizens Jmp reduced their price objective on CoStar Group from $73.00 to $44.00 and set a “market outperform” rating on the stock in a report on Wednesday, April 29th. Finally, The Goldman Sachs Group reduced their price objective on CoStar Group from $63.00 to $54.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Twelve equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, CoStar Group currently has an average rating of “Moderate Buy” and a consensus price target of $58.12.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Quent Capital LLC bought a new stake in CoStar Group during the 3rd quarter valued at $26,000. Manning & Napier Advisors LLC bought a new stake in CoStar Group during the 3rd quarter valued at $28,000. Westside Investment Management Inc. boosted its position in CoStar Group by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 360 shares of the technology company’s stock valued at $30,000 after acquiring an additional 180 shares in the last quarter. Root Financial Partners LLC bought a new stake in CoStar Group during the 3rd quarter valued at $31,000. Finally, Reflection Asset Management bought a new stake in CoStar Group during the 4th quarter valued at $27,000. 96.60% of the stock is currently owned by hedge funds and other institutional investors.

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.