CoStar Group (NASDAQ:CSGP) Shares Acquired Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of CoStar Group, Inc. (NASDAQ:CSGP). In a filing disclosed on September 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in CoStar Group stock on August 19th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 8/28/2026.
• Purchased $15,001 – $50,000 in shares of Quanta Services (NYSE:PWR) on 8/27/2026.
• Purchased $15,001 – $50,000 in shares of Eaton (NYSE:ETN) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
• Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.

CoStar Group Price Performance

Shares of CoStar Group stock traded up $0.97 during midday trading on Friday, reaching $30.46. The company had a trading volume of 6,194,367 shares, compared to its average volume of 6,374,421. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $12.34 billion, a price-to-earnings ratio of 160.32, a price-to-earnings-growth ratio of 0.75 and a beta of 0.75. The stock has a fifty day simple moving average of $30.36 and a 200 day simple moving average of $34.78. CoStar Group, Inc. has a 1-year low of $25.89 and a 1-year high of $90.72.

CoStar Group (NASDAQ:CSGP) last posted its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.03. The firm had revenue of $925.00 million for the quarter, compared to the consensus estimate of $928.81 million. CoStar Group had a return on equity of 3.74% and a net margin of 2.08%.The business’s revenue for the quarter was up 18.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.17 EPS. 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. As a group, equities research analysts forecast that CoStar Group, Inc. will post 1.07 earnings per share for the current year.

Insider Activity at CoStar Group

In related news, CEO Andrew Florance purchased 83,300 shares of CoStar Group stock in a transaction dated Tuesday, August 4th. The stock was bought at an average price of $29.89 per share, for a total transaction of $2,489,837.00. Following the completion of the acquisition, the chief executive officer directly owned 1,806,165 shares of the company’s stock, valued at $53,986,271.85. This represents a 4.83% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 transaction of $147,374.64. Following the sale, the chief accounting officer directly owned 18,822 shares of the company’s stock, valued at $579,341.16. This represents a 20.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.18% of the company’s stock.

Wall Street Analysts Forecast Growth

CSGP has been the topic of a number of recent research reports. Wolfe Research reaffirmed an “outperform” rating and issued a $32.00 price objective (down from $35.00) on shares of CoStar Group in a research note on Wednesday, July 29th. Robert W. Baird set a $34.00 price target on CoStar Group and gave the company a “neutral” rating in a research note on Tuesday, July 14th. Needham & Company LLC cut their price target on CoStar Group from $50.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, July 29th. Citigroup lowered CoStar Group from a “market outperform” rating to a “neutral” rating and reduced their price target for the stock from $70.00 to $33.00 in a research report on Wednesday, July 29th. Finally, Wall Street Zen cut CoStar Group from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Nine research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $40.11.

Institutional Trading of CoStar Group

Hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in shares of CoStar Group in the second quarter worth about $957,612,000. Bamco Inc. NY bought a new position in shares of CoStar Group during the 2nd quarter valued at about $612,470,000. California State Teachers Retirement System grew its position in shares of CoStar Group by 2,789.6% in the 2nd quarter. California State Teachers Retirement System now owns 19,276,971 shares of the technology company’s stock valued at $545,924,000 after purchasing an additional 18,609,860 shares during the period. State Street Corp grew its position in shares of CoStar Group by 1.9% in the 4th quarter. State Street Corp now owns 18,632,352 shares of the technology company’s stock valued at $1,252,839,000 after purchasing an additional 348,224 shares during the period. Finally, Principal Financial Group Inc. increased its stake in CoStar Group by 0.7% during the 1st quarter. Principal Financial Group Inc. now owns 17,696,192 shares of the technology company’s stock worth $713,866,000 after purchasing an additional 130,118 shares in the last quarter. Institutional investors and hedge funds own 96.60% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About CoStar Group

CoStar Group, Inc is a provider of commercial real estate information, analytics and online marketplaces. The company collects, analyzes and distributes data on property listings, transactions, rents, vacancies, market trends and other aspects of the real estate industry. Its products serve property owners, brokers, investors, lenders, appraisers, developers and other real estate professionals.

CoStar’s portfolio includes the CoStar commercial property information platform, LoopNet for commercial property listings, Apartments.com for rental housing, Homes.com for residential real estate, Land.com for land listings, and Ten-X for online commercial real estate auctions.