CoStar Group (NASDAQ:CSGP) Sets New 52-Week Low – Time to Sell?

CoStar Group, Inc. (NASDAQ:CSGP) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $33.09 and last traded at $33.1590, with a volume of 1033883 shares traded. The stock had previously closed at $34.98.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CSGP. Jefferies Financial Group raised shares of CoStar Group from a “hold” rating to a “buy” rating and set a $67.00 price objective for the company in a research note on Friday, February 20th. BNP Paribas Exane began coverage on shares of CoStar Group in a research note on Wednesday, January 14th. They issued a “neutral” rating and a $64.00 price objective for the company. JPMorgan Chase & Co. decreased their price objective on shares of CoStar Group from $82.00 to $70.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Keefe, Bruyette & Woods decreased their price objective on shares of CoStar Group from $57.00 to $50.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. Finally, Zacks Research raised shares of CoStar Group from a “strong sell” rating to a “hold” rating in a research report on Monday, March 9th. Twelve research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $58.12.

CoStar Group Stock Down 4.3%

The company has a market capitalization of $13.67 billion, a price-to-earnings ratio of 556.74, a P/E/G ratio of 0.88 and a beta of 0.75. The business’s 50-day moving average is $40.92 and its 200-day moving average is $55.94. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.13.

CoStar Group (NASDAQ:CSGP) last posted its earnings results on Tuesday, April 28th. The technology company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.05. The company had revenue of $897.00 million during the quarter, compared to the consensus estimate of $896.73 million. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The firm’s quarterly revenue was up 22.5% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.04) earnings per share. 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, equities analysts predict that CoStar Group, Inc. will post 1.03 earnings per share for the current year.

Insider Transactions at CoStar Group

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

Institutional Trading of CoStar Group

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Quent Capital LLC purchased a new stake in CoStar Group during the 3rd quarter valued at about $26,000. Reflection Asset Management acquired a new position in CoStar Group in the 4th quarter valued at about $27,000. Manning & Napier Advisors LLC acquired a new position in CoStar Group in the 3rd quarter valued at about $28,000. Lloyd Advisory Services LLC. acquired a new position in CoStar Group in the 4th quarter valued at about $29,000. Finally, Westside Investment Management Inc. boosted its holdings in CoStar Group by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 360 shares of the technology company’s stock valued at $30,000 after purchasing an additional 180 shares during the last quarter. Hedge funds and other institutional investors own 96.60% of the company’s stock.

About CoStar Group

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.