CoStar Group (NASDAQ:CSGP) Sets New 52-Week Low - Time to Sell?

Key Points

• CoStar Group hit a new 52-week low of $33.09 (last $33.159) on heavy volume, trading well below its 50‑day ($40.92) and 200‑day ($55.94) moving averages.
• Analysts have cut price targets recently but consensus remains a Moderate Buy, with an average target price of $58.12 (12 Buys, 5 Holds, 2 Sells).
• Fundamentals show a quarterly beat (EPS $0.23 vs. $0.18) and 22.5% revenue growth with Q2 and FY2026 guidance provided, and notable insider buying including the CEO’s purchase of 71,430 shares at $35.20.

CoStar Group, Inc. (NASDAQ:CSGP - Get Free Report)'s stock price reached a new 52-week low during trading on Friday . The stock traded as low as $33.09 and last traded at $33.1590, with a volume of 1033883 shares. The stock had previously closed at $34.98.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on CSGP shares. Royal Bank Of Canada reduced their price objective on CoStar Group from $75.00 to $57.00 and set a "sector perform" rating for the company in a research note on Wednesday, February 25th. Needham & Company LLC reduced their price objective on CoStar Group from $60.00 to $50.00 and set a "buy" rating for the company in a research note on Wednesday, April 29th. Weiss Ratings restated a "sell (d)" rating on shares of CoStar Group in a research note on Friday, March 27th. William Blair restated an "outperform" rating on shares of CoStar Group in a research note on Tuesday, March 3rd. Finally, The Goldman Sachs Group reduced their price objective on CoStar Group from $63.00 to $54.00 and set a "buy" rating for the company in a research note on Thursday, April 30th. Twelve 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 company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $58.12.

CoStar Group Price Performance

The firm's fifty day simple moving average is $40.92 and its 200 day simple moving average is $55.94. The firm has a market cap of $13.67 billion, a P/E ratio of 556.74, a P/E/G ratio of 0.88 and a beta of 0.75. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.20 and a current ratio of 2.20.

CoStar Group (NASDAQ:CSGP - Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.18 by $0.05. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The business had revenue of $897.00 million during the quarter, compared to the consensus estimate of $896.73 million. During the same quarter in the prior year, the firm earned ($0.04) EPS. The business's revenue 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. As a group, analysts forecast that CoStar Group, Inc. will post 1.03 earnings per share for the current year.

Insider Activity

In other CoStar Group news, Director Louise S. Sams purchased 1,000 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was purchased at an average price of $48.36 per share, with a total value of $48,360.00. Following the acquisition, the director owned 20,409 shares in the company, valued at approximately $986,979.24. The trade was a 5.15% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Andrew C. Florance purchased 71,430 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was acquired at an average cost of $35.20 per share, with a total value of $2,514,336.00. Following the acquisition, the chief executive officer owned 1,722,865 shares in the company, valued at $60,644,848. The trade was a 4.33% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.09% of the stock is owned by corporate insiders.

Institutional Trading of CoStar Group

Several institutional investors have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its stake in CoStar Group by 11.1% in the first quarter. PNC Financial Services Group Inc. now owns 84,690 shares of the technology company's stock worth $3,416,000 after purchasing an additional 8,437 shares during the last quarter. Oslo Pensjonsforsikring AS bought a new stake in CoStar Group in the first quarter worth about $93,000. Commerzbank Aktiengesellschaft FI bought a new stake in CoStar Group in the first quarter worth about $313,000. Meeder Asset Management Inc. bought a new stake in CoStar Group in the first quarter worth about $218,000. Finally, Dimensional Fund Advisors LP lifted its stake in CoStar Group by 3.5% in the first quarter. Dimensional Fund Advisors LP now owns 2,401,852 shares of the technology company's stock worth $96,913,000 after purchasing an additional 82,098 shares during the last quarter. Institutional investors own 96.60% of the company's stock.

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.

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