Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of CoStar Group, Inc. (NASDAQ:CSGP)

Key Points

• Rep. Gilbert Cisneros purchased between $1,001 and $15,000 of CoStar Group shares on August 19, disclosed in a September 10 filing. He also recently bought shares of Quanta Services, Eaton, Walmart, Goldman Sachs and other companies while selling positions including DoorDash and Nike.
• CoStar Group reported quarterly EPS of $0.32, beating estimates of $0.29, while revenue rose 18.4% year over year to $925 million. The stock traded at $30.46, near its 52-week low, and analysts had a consensus “Hold” rating with a $40.11 target price.
• Institutional investors own 96.6% of CoStar’s shares, while CEO Andrew Florance recently bought 83,300 shares worth approximately $2.49 million; another company executive sold shares.

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 Trading Up 3.3%

CSGP stock opened at $30.46 on Friday. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.13. CoStar Group, Inc. has a twelve month low of $25.89 and a twelve month high of $90.72. The company has a market cap of $12.34 billion, a P/E ratio of 160.32, a PEG ratio of 0.75 and a beta of 0.75. The business has a fifty day moving average of $30.36 and a 200-day moving average of $34.78.

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

Hedge Funds Weigh In On CoStar Group

Institutional investors have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC increased its stake in shares of CoStar Group by 9.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 4,789 shares of the technology company's stock worth $379,000 after purchasing an additional 426 shares during the last quarter. NewEdge Advisors LLC lifted its stake in CoStar Group by 727.5% in the 1st quarter. NewEdge Advisors LLC now owns 1,473 shares of the technology company's stock valued at $117,000 after purchasing an additional 1,295 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in CoStar Group by 860.7% during the first quarter. Jones Financial Companies Lllp now owns 12,691 shares of the technology company's stock worth $1,006,000 after purchasing an additional 11,370 shares during the period. Empowered Funds LLC grew its holdings in CoStar Group by 9.2% during the first quarter. Empowered Funds LLC now owns 7,941 shares of the technology company's stock worth $629,000 after purchasing an additional 666 shares during the period. Finally, Woodline Partners LP increased its position in CoStar Group by 44.6% during the first quarter. Woodline Partners LP now owns 35,604 shares of the technology company's stock worth $2,821,000 after buying an additional 10,984 shares during the last quarter. 96.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

CSGP has been the subject of a number of analyst reports. KeyCorp set a $33.00 price objective on CoStar Group in a research note on Monday, August 24th. The Goldman Sachs Group reissued a "buy" rating and set a $40.00 price objective on shares of CoStar Group in a research report on Wednesday, July 29th. Citigroup downgraded CoStar Group from a "market outperform" rating to a "neutral" rating and dropped their price target for the company from $70.00 to $33.00 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 report on Tuesday, July 14th. Finally, JPMorgan Chase & Co. reduced their price objective on CoStar Group from $58.00 to $52.00 and set an "overweight" rating for the company in a research 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 issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $40.11.

Insider Activity at CoStar Group

In other news, CAO Cynthia Cammett Cann sold 4,788 shares of CoStar Group 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 transaction, the chief accounting officer directly owned 18,822 shares in the company, valued at approximately $579,341.16. The trade was a 20.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Andrew C. Florance bought 83,300 shares of the firm's stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average cost 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 in the company, valued at $53,986,271.85. The trade was a 4.83% increase in their position. The SEC filing for this purchase provides additional information. 1.18% of the stock is owned by corporate insiders.

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.

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