CoStar Group (NASDAQ:CSGP) CAO Sells $147,374.64 in Stock

CoStar Group, Inc. (NASDAQ:CSGP) CAO Cynthia Cammett Cann sold 4,788 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $30.78, for a total value of $147,374.64. Following the completion of the sale, the chief accounting officer owned 18,822 shares in the company, valued at $579,341.16. This trade represents a 20.28% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

CoStar Group Price Performance

NASDAQ:CSGP opened at $30.50 on Thursday. CoStar Group, Inc. has a 52-week low of $25.89 and a 52-week high of $91.89. The stock has a fifty day moving average of $30.13 and a 200 day moving average of $38.09. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.21 and a current ratio of 2.21. The firm has a market capitalization of $12.36 billion, a price-to-earnings ratio of 160.53, a P/E/G ratio of 0.82 and a beta of 0.72.

CoStar Group (NASDAQ:CSGP) last announced its earnings results on Tuesday, July 28th. The technology company reported $0.32 earnings per share for the quarter, topping 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 period in the prior year, the company earned $0.17 EPS. The company’s quarterly revenue was up 18.4% compared to the same quarter last year. 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, research analysts expect that CoStar Group, Inc. will post 1.06 EPS for the current fiscal year.

Institutional Trading of CoStar Group

A number of hedge funds have recently bought and sold shares of the company. Reflection Asset Management bought a new position in CoStar Group during the fourth quarter valued at approximately $27,000. Lloyd Advisory Services LLC. bought a new stake in shares of CoStar Group in the 4th quarter worth approximately $29,000. DV Equities LLC bought a new stake in shares of CoStar Group in the 4th quarter worth approximately $40,000. IFP Advisors Inc boosted its stake in shares of CoStar Group by 329.4% in the 4th quarter. IFP Advisors Inc now owns 614 shares of the technology company’s stock valued at $41,000 after purchasing an additional 471 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its stake in shares of CoStar Group by 25,650.0% in the 3rd 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 in the last quarter. Institutional investors own 96.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft set a $44.00 target price on shares of CoStar Group in a research note on Thursday, April 30th. JPMorgan Chase & Co. decreased their price target on shares of CoStar Group from $58.00 to $52.00 and set an “overweight” rating on the stock in a report on Wednesday, July 29th. Citizens Jmp lowered their price objective on shares of CoStar Group from $44.00 to $35.00 and set a “market outperform” rating on the stock in a research report on Wednesday, July 29th. The Goldman Sachs Group restated a “buy” rating and set a $40.00 price objective on shares of CoStar Group in a research report on Wednesday, July 29th. Finally, BTIG Research dropped their price objective on shares of CoStar Group from $55.00 to $42.00 and set a “buy” rating for the company in a report on Wednesday, July 29th. Nine analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $41.61.

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.