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

Posted by Max Byerly on May 12th, 2026

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of CoStar Group, Inc. (NASDAQ:CSGP). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in CoStar Group stock on April 14th. 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):

Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

CoStar Group Price Performance

CSGP stock traded down $0.54 during mid-day trading on Tuesday, hitting $32.38. The stock had a trading volume of 3,742,176 shares, compared to its average volume of 6,818,748. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.13. CoStar Group, Inc. has a 52 week low of $32.09 and a 52 week high of $97.43. The firm has a market capitalization of $13.22 billion, a P/E ratio of 542.04, a P/E/G ratio of 0.84 and a beta of 0.75. The firm has a fifty day simple moving average of $40.44 and a 200 day simple moving average of $55.34.

CoStar Group (NASDAQ:CSGP – Get Free Report) last released its earnings results on Tuesday, April 28th. The technology company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.18 by $0.05. The firm had revenue of $897.00 million for the quarter, compared to analyst estimates of $896.73 million. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The business’s quarterly revenue was up 22.5% compared to the same quarter last year. During the same period last year, the firm earned ($0.04) EPS. 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, research analysts forecast that CoStar Group, Inc. will post 1.03 EPS for the current year.

Insider Buying and Selling

In other news, CEO Andrew C. Florance purchased 71,430 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were purchased at an average price of $35.20 per share, for a total transaction of $2,514,336.00. Following the transaction, the chief executive officer owned 1,722,865 shares of the company’s stock, valued at approximately $60,644,848. This trade represents a 4.33% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Louise S. Sams bought 1,000 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were bought at an average price of $48.36 per share, for a total transaction of $48,360.00. Following the transaction, the director directly owned 20,409 shares in the company, valued at $986,979.24. This trade represents a 5.15% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.09% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. IVY Lane Capital Management LLC acquired a new position in shares of CoStar Group in the 1st quarter worth approximately $2,380,000. PNC Financial Services Group Inc. lifted its position in shares of CoStar Group by 11.1% in the 1st 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 period. Oslo Pensjonsforsikring AS acquired a new position in shares of CoStar Group in the 1st quarter worth approximately $93,000. Commerzbank Aktiengesellschaft FI acquired a new position in shares of CoStar Group in the 1st quarter worth approximately $313,000. Finally, Meeder Asset Management Inc. acquired a new position in shares of CoStar Group in the 1st quarter worth approximately $218,000. Institutional investors and hedge funds own 96.60% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on CSGP. Needham & Company LLC decreased their price target on shares of CoStar Group from $60.00 to $50.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Wells Fargo & Company decreased their price target on shares of CoStar Group from $40.00 to $33.00 and set an “underweight” rating on the stock in a report on Thursday, April 30th. BMO Capital Markets decreased their price target on shares of CoStar Group from $72.00 to $53.00 and set a “market perform” rating on the stock in a report on Thursday, February 26th. JPMorgan Chase & Co. decreased their price target on shares of CoStar Group from $82.00 to $70.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Finally, Citigroup cut their target price on shares of CoStar Group from $100.00 to $70.00 and set a “buy” rating on the stock in a research report on Thursday, April 23rd. Twelve investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, CoStar Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $58.12.

Get Our Latest Research Report on CSGP

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

(Get Free Report)

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.