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

Key Points

• Representative Gilbert Ray Cisneros, Jr. purchased shares of CoStar Group, Inc. (NASDAQ:CSGP), buying between $1,001 and $15,000 worth on July 9th.
• The stock has shown a 1.9% increase recently, with a market cap of $37.98 billion and a PE ratio of 358.64.
• Analysts have a consensus target price of $93.25 for CoStar Group, with ratings ranging from strong buy to sell.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of CoStar Group, Inc. NASDAQ: CSGP. In a filing disclosed on August 14th, the Representative disclosed that they had bought between $1,001 and $15,000 in CoStar Group stock on July 9th.

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

• Sold $1,001 - $15,000 in shares of W.R. Berkley NYSE: WRB on 7/31/2025.
• Purchased $1,001 - $15,000 in shares of CoStar Group NASDAQ: CSGP on 7/31/2025.
• Purchased $1,001 - $15,000 in shares of Dayforce NYSE: DAY on 7/31/2025.
• Sold $1,001 - $15,000 in shares of Boston Scientific NYSE: BSX on 7/31/2025.
• Sold $1,001 - $15,000 in shares of Medpace NASDAQ: MEDP on 7/24/2025.
• Sold $1,001 - $15,000 in shares of Avantor NYSE: AVTR on 7/23/2025.
• Purchased $1,001 - $15,000 in shares of Revvity NYSE: RVTY on 7/23/2025.
• Purchased $1,001 - $15,000 in shares of Gulfport Energy NYSE: GPOR on 7/18/2025.
• Purchased $1,001 - $15,000 in shares of Ultragenyx Pharmaceutical NASDAQ: RARE on 7/15/2025.
• Purchased $1,001 - $15,000 in shares of PTC NASDAQ: PTC on 7/9/2025.

CoStar Group Price Performance

Shares of CSGP traded up $1.7160 during midday trading on Friday, hitting $90.0760. 979,538 shares of the company traded hands, compared to its average volume of 3,177,445. The stock has a 50-day moving average of $86.81 and a 200-day moving average of $80.60. CoStar Group, Inc. has a one year low of $68.26 and a one year high of $97.43. The firm has a market cap of $38.16 billion, a P/E ratio of 360.30, a PEG ratio of 4.30 and a beta of 0.85. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.83 and a quick ratio of 5.83.

CoStar Group (NASDAQ:CSGP - Get Free Report) last announced its quarterly earnings results on Tuesday, July 22nd. The technology company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.03. CoStar Group had a return on equity of 2.88% and a net margin of 3.57%.The firm had revenue of $781.30 million for the quarter, compared to analysts' expectations of $772.06 million. During the same period in the prior year, the business posted $0.15 earnings per share. The company's revenue was up 15.2% on a year-over-year basis. CoStar Group has set its FY 2025 guidance at 0.780-0.800 EPS. Q3 2025 guidance at 0.150-0.17 EPS. As a group, sell-side analysts predict that CoStar Group, Inc. will post 0.94 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of CoStar Group by 0.6% in the second quarter. Vanguard Group Inc. now owns 68,847,483 shares of the technology company's stock worth $5,535,338,000 after buying an additional 420,772 shares in the last quarter. Bamco Inc. NY boosted its stake in CoStar Group by 3.4% during the second quarter. Bamco Inc. NY now owns 19,679,935 shares of the technology company's stock valued at $1,582,267,000 after buying an additional 647,413 shares during the last quarter. State Street Corp raised its position in CoStar Group by 0.9% during the second quarter. State Street Corp now owns 17,732,968 shares of the technology company's stock valued at $1,425,731,000 after purchasing an additional 158,539 shares during the period. Capital International Investors raised its position in CoStar Group by 44.9% during the fourth quarter. Capital International Investors now owns 14,032,363 shares of the technology company's stock valued at $1,004,578,000 after purchasing an additional 4,345,267 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of CoStar Group by 2.4% in the second quarter. Geode Capital Management LLC now owns 12,357,840 shares of the technology company's stock worth $989,905,000 after buying an additional 290,404 shares during the period. 96.60% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CSGP has been the subject of several recent analyst reports. William Blair reissued an "outperform" rating on shares of CoStar Group in a report on Wednesday, July 23rd. Robert W. Baird boosted their price objective on CoStar Group from $100.00 to $105.00 and gave the company an "outperform" rating in a research report on Wednesday, July 23rd. BMO Capital Markets boosted their price objective on CoStar Group from $82.00 to $89.00 and gave the company a "market perform" rating in a research report on Wednesday, July 23rd. Needham & Company LLC upped their target price on CoStar Group from $98.00 to $105.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. Finally, Stephens upgraded CoStar Group to a "strong-buy" rating and set a $105.00 price objective for the company in a report on Monday, June 16th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, CoStar Group presently has a consensus rating of "Moderate Buy" and an average target price of $93.25.

Insider Buying and Selling at CoStar Group

In other news, CAO Cynthia Cammett Cann sold 2,033 shares of CoStar Group stock in a transaction on Monday, July 28th. The stock was sold at an average price of $92.85, for a total value of $188,764.05. Following the transaction, the chief accounting officer directly owned 25,771 shares in the company, valued at approximately $2,392,837.35. This trade represents a 7.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Frederick G. Saint sold 25,000 shares of CoStar Group stock in a transaction on Monday, July 28th. The shares were sold at an average price of $93.23, for a total value of $2,330,750.00. Following the completion of the transaction, the insider owned 319,539 shares in the company, valued at $29,790,620.97. This represents a 7.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.09% 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.

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.