Cynthia Cammett Cann Sells 4,788 Shares of CoStar Group (NASDAQ:CSGP) Stock

CoStar Group, Inc. (NASDAQ:CSGP) CAO Cynthia Cammett Cann sold 4,788 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $30.78, for a total value of $147,374.64. Following the transaction, the chief accounting officer owned 18,822 shares in the company, valued at $579,341.16. This trade represents a 20.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

CoStar Group Price Performance

Shares of NASDAQ CSGP opened at $31.12 on Wednesday. The firm has a market cap of $12.61 billion, a PE ratio of 163.80, a PEG ratio of 0.83 and a beta of 0.72. The firm has a fifty day moving average of $30.18 and a 200 day moving average of $38.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.21 and a current ratio of 2.21. CoStar Group, Inc. has a one year low of $25.89 and a one year high of $92.99.

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, beating the consensus estimate of $0.29 by $0.03. CoStar Group had a net margin of 2.08% and a return on equity of 3.74%. The business had revenue of $925.00 million for the quarter, compared to the consensus estimate of $928.81 million. During the same period last year, the firm posted $0.17 earnings per share. The company’s revenue was up 18.4% compared to the same quarter last year. 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, research analysts predict that CoStar Group, Inc. will post 1.06 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Ieq Capital LLC acquired a new position in shares of CoStar Group during the 2nd quarter worth approximately $9,959,000. Callan Family Office LLC purchased a new stake in shares of CoStar Group in the second quarter valued at approximately $333,000. Allworth Financial LP acquired a new stake in shares of CoStar Group in the second quarter valued at approximately $385,000. B. Metzler seel. Sohn & Co. AG acquired a new stake in shares of CoStar Group in the second quarter valued at approximately $811,000. Finally, NewEdge Wealth LLC purchased a new position in CoStar Group during the second quarter worth approximately $525,000. 96.60% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on CSGP shares. Robert W. Baird set a $34.00 price objective on CoStar Group and gave the stock a “neutral” rating in a research note on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft set a $44.00 price target on CoStar Group in a research note on Thursday, April 30th. Stephens dropped their price target on CoStar Group from $50.00 to $42.00 and set an “overweight” rating for the company in a research report on Monday, May 4th. Needham & Company LLC reduced their price objective on CoStar Group from $50.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, July 29th. Finally, Wall Street Zen lowered CoStar Group from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Nine equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, CoStar Group presently has a consensus rating of “Hold” and an average target price of $41.61.

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.