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

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of CoStar Group, Inc. (NASDAQ:CSGP). In a filing disclosed on July 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in CoStar Group stock on June 25th. 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 $15,001 - $50,000 in shares of SpringWorks Therapeutics NASDAQ: SWTX on 7/1/2025.
• Purchased $1,001 - $15,000 in shares of AppLovin NASDAQ: APP on 7/1/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 6/30/2025.
• Purchased $1,001 - $15,000 in shares of CoStar Group NASDAQ: CSGP on 6/30/2025.
• Purchased $15,001 - $50,000 in shares of CoStar Group NASDAQ: CSGP on 6/27/2025.
• Purchased $1,001 - $15,000 in shares of Xiaomi OTCMKTS: XIACF on 6/27/2025.
• Sold $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 6/27/2025.
• Sold $1,001 - $15,000 in shares of Willis Towers Watson Public NASDAQ: WTW on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Boston Scientific NYSE: BSX on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Liberty Media Corporation - Liberty Formula One Series C NASDAQ: FWONK on 6/26/2025.

CoStar Group Stock Down 0.3%

Shares of CSGP stock traded down $0.25 on Friday, reaching $84.70. 2,046,790 shares of the stock were exchanged, compared to its average volume of 2,902,368. CoStar Group, Inc. has a twelve month low of $68.26 and a twelve month high of $86.45. The company has a current ratio of 6.01, a quick ratio of 6.01 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $35.73 billion, a price-to-earnings ratio of 292.07, a PEG ratio of 4.27 and a beta of 0.89. The business's 50 day moving average price is $79.40 and its 200 day moving average price is $77.57.

Analysts Set New Price Targets

A number of brokerages have weighed in on CSGP. Keefe, Bruyette & Woods lifted their price target on shares of CoStar Group from $95.00 to $100.00 and gave the company an "outperform" rating in a report on Thursday. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $83.00 price objective on shares of CoStar Group in a research report on Tuesday, June 24th. Bank of America began coverage on shares of CoStar Group in a research report on Friday, May 30th. They issued a "neutral" rating and a $79.00 target price for the company. JMP Securities reissued a "market outperform" rating and set a $85.00 target price on shares of CoStar Group in a research note on Wednesday, April 30th. Finally, Wells Fargo & Company reiterated an "underweight" rating and issued a $70.00 target price (up previously from $65.00) on shares of CoStar Group in a research report on Wednesday. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, CoStar Group currently has a consensus rating of "Moderate Buy" and an average target price of $88.46.

Institutional Investors Weigh In On CoStar Group

Several hedge funds have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp increased its stake in CoStar Group by 51.8% during the 4th quarter. Jones Financial Companies Lllp now owns 1,321 shares of the technology company's stock valued at $95,000 after purchasing an additional 451 shares in the last quarter. SBI Securities Co. Ltd. purchased a new stake in CoStar Group during the fourth quarter valued at about $30,000. Steward Partners Investment Advisory LLC lifted its holdings in CoStar Group by 497.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 7,133 shares of the technology company's stock valued at $511,000 after purchasing an additional 5,940 shares during the last quarter. Proficio Capital Partners LLC lifted its holdings in shares of CoStar Group by 15.8% in the fourth quarter. Proficio Capital Partners LLC now owns 4,192 shares of the technology company's stock worth $300,000 after buying an additional 573 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of CoStar Group in the fourth quarter worth about $45,993,000. 96.60% of the stock is currently owned by institutional investors and hedge funds.

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.

CoStar Group Company Profile

CoStar Group, Inc provides information, analytics, and online marketplace services to the commercial real estate, hospitality, residential, and related professionals industries in the United States, Canada, Europe, the Asia Pacific, and Latin America. The company offers CoStar Property that provides inventory of office, industrial, retail, multifamily, hospitality, and student housing properties and land; CoStar Sales, a robust database of comparable commercial real estate sales transactions; CoStar Market Analytics to view and report on aggregated market and submarket trends; and CoStar Tenant, an online business-to-business prospecting and analytical tool that provides tenant information.