CoStar Group (CSGP) is up 6.4% today. Here is some analysis on what might have caused this price movement.
Analysis: A single same-day catalyst is not obvious, so the move appears tied to improving sentiment around CoStar’s recovery plan. This could be because investors are responding to the company’s stronger first-quarter results, its push toward higher profitability, and the strategic fit of the recently announced Zonda acquisition.
Details:
In late April, CoStar posted first-quarter 2026 revenue of $897 million, up 23% year over year, with adjusted EBITDA doubling from the prior-year period and adjusted EPS rising to $0.23.Management also guided for second-quarter 2026 revenue of $922 million to $932 million and full-year adjusted EPS of $1.32 to $1.39, reinforcing the view that earnings could improve as spending becomes more disciplined.Earlier in 2026, the board authorized a new $1.5 billion share repurchase program and outlined a plan for significant adjusted EBITDA expansion, including reducing the net investment drag from Homes.com.Investors may also be giving credit to the pending $800 million cash acquisition of Zonda, announced on May 29, which would expand CoStar further into new-home data, software, and marketplace services.Sources:
CoStar Group Investor Relations, SEC, MarketBeat
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$CSGP Insider Trading Activity
$CSGP insiders have traded $CSGP stock on the open market 6 times in the past 6 months. Of those trades, 6 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $CSGP stock by insiders over the last 6 months:
- ANDREW C FLORANCE (President and CEO) has made 3 purchases buying 127,150 shares for an estimated $4,994,862 and 0 sales.
- FREDERICK G. SAINT (President, Marketplaces) purchased 20,000 shares for an estimated $906,600
- LOUISE S SAMS purchased 1,000 shares for an estimated $48,360
- RACHEL C GLASER purchased 1,000 shares for an estimated $44,940
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
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$CSGP Hedge Fund Activity
We have seen 418 institutional investors add shares of $CSGP stock to their portfolio, and 545 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- POLEN CAPITAL MANAGEMENT LLC added 7,679,432 shares (+157.0%) to their portfolio in Q1 2026, for an estimated $309,788,286
- GOLDMAN SACHS GROUP INC added 5,494,500 shares (+146.5%) to their portfolio in Q1 2026, for an estimated $221,648,130
- BAILLIE GIFFORD & CO added 4,691,543 shares (+56.9%) to their portfolio in Q4 2025, for an estimated $315,459,351
- CAPITAL INTERNATIONAL INVESTORS added 4,671,743 shares (+43.1%) to their portfolio in Q1 2026, for an estimated $188,458,112
- VULCAN VALUE PARTNERS, LLC removed 4,485,021 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $180,925,747
- MIZUHO MARKETS AMERICAS LLC removed 4,140,240 shares (-93.8%) from their portfolio in Q1 2026, for an estimated $167,017,281
- VAN ECK ASSOCIATES CORP added 3,422,202 shares (+6054.4%) to their portfolio in Q1 2026, for an estimated $138,051,628
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$CSGP Congressional Stock Trading
Members of Congress have traded $CSGP stock 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $CSGP stock by members of Congress over the last 6 months:
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$CSGP Analyst Ratings
Wall Street analysts have issued reports on $CSGP in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Citizens issued a "Market Outperform" rating on 01/08/2026
- Goldman Sachs issued a "Buy" rating on 01/08/2026
- Needham issued a "Buy" rating on 01/08/2026
To track analyst ratings and price targets for $CSGP, check out Quiver Quantitative's $CSGP forecast page.
$CSGP Price Targets
Multiple analysts have issued price targets for $CSGP recently. We have seen 14 analysts offer price targets for $CSGP in the last 6 months, with a median target of $51.5.
Here are some recent targets:
- Michael Rindos from Benchmark set a target price of $45.0 on 06/04/2026
- Heather Balsky from B of A Securities set a target price of $37.0 on 05/19/2026
- Brett Huff from Stephens & Co. set a target price of $42.0 on 05/04/2026
- Jason Haas from Wells Fargo set a target price of $33.0 on 04/30/2026
- George Tong from Goldman Sachs set a target price of $54.0 on 04/30/2026
- Jake Fuller from BTIG set a target price of $55.0 on 04/29/2026
- Mayank Tandon from Needham set a target price of $50.0 on 04/29/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
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CoStar Group gains as investors appear to revisit growth plan, buyback, and recent Zonda deal
CoStar Group (CSGP) is up 6.4% today. Here is some analysis on what might have caused this price movement.
Analysis: A single same-day catalyst is not obvious, so the move appears tied to improving sentiment around CoStar’s recovery plan. This could be because investors are responding to the company’s stronger first-quarter results, its push toward higher profitability, and the strategic fit of the recently announced Zonda acquisition.
Details:
Sources:
CoStar Group Investor Relations, SEC, MarketBeat
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$CSGP Insider Trading Activity
$CSGP insiders have traded $CSGP stock on the open market 6 times in the past 6 months. Of those trades, 6 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $CSGP stock by insiders over the last 6 months:
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$CSGP Hedge Fund Activity
We have seen 418 institutional investors add shares of $CSGP stock to their portfolio, and 545 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$CSGP Congressional Stock Trading
Members of Congress have traded $CSGP stock 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $CSGP stock by members of Congress over the last 6 months:
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$CSGP Analyst Ratings
Wall Street analysts have issued reports on $CSGP in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
To track analyst ratings and price targets for $CSGP, check out Quiver Quantitative's $CSGP forecast page.
$CSGP Price Targets
Multiple analysts have issued price targets for $CSGP recently. We have seen 14 analysts offer price targets for $CSGP in the last 6 months, with a median target of $51.5.
Here are some recent targets:
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
Read full article here »