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

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of CoStar Group, Inc. (NASDAQ:CSGP). In a filing disclosed on February 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in CoStar Group stock on January 28th. 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 Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Banco Santander (NYSE:SAN) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Leonardo (OTCMKTS:FINMF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of Cloudflare (NYSE:NET) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 1/30/2026.

CoStar Group Price Performance

CoStar Group stock traded up $0.20 during midday trading on Tuesday, reaching $45.19. 3,896,244 shares of the stock traded hands, compared to its average volume of 7,385,136. The company has a quick ratio of 3.12, a current ratio of 3.12 and a debt-to-equity ratio of 0.12. CoStar Group, Inc. has a 12 month low of $43.80 and a 12 month high of $97.43. The stock’s fifty day moving average is $61.80 and its 200-day moving average is $73.63. The stock has a market cap of $19.15 billion, a P/E ratio of 903.32, a PEG ratio of 1.18 and a beta of 0.84.

CoStar Group declared that its board has authorized a stock buyback plan on Wednesday, January 7th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the technology company to repurchase up to 5.3% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board believes its shares are undervalued.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Norges Bank acquired a new stake in shares of CoStar Group during the fourth quarter valued at $476,765,000. Baillie Gifford & Co. lifted its stake in shares of CoStar Group by 56.9% during the fourth quarter. Baillie Gifford & Co. now owns 12,933,185 shares of the technology company’s stock valued at $869,627,000 after buying an additional 4,691,543 shares during the period. Capital International Investors boosted its holdings in shares of CoStar Group by 59.7% during the fourth quarter. Capital International Investors now owns 10,842,010 shares of the technology company’s stock worth $729,020,000 after purchasing an additional 4,053,456 shares during the last quarter. Viking Global Investors LP acquired a new position in CoStar Group in the second quarter valued at $258,773,000. Finally, Goldman Sachs Group Inc. boosted its stake in CoStar Group by 70.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,751,312 shares of the technology company’s stock worth $252,238,000 after buying an additional 1,556,100 shares during the last quarter. Institutional investors and hedge funds own 96.60% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Wells Fargo & Company set a $48.00 price objective on CoStar Group and gave the company an “underweight” rating in a report on Wednesday, February 4th. Keefe, Bruyette & Woods cut their price target on CoStar Group from $100.00 to $75.00 and set an “outperform” rating for the company in a report on Monday, January 12th. BTIG Research raised shares of CoStar Group from a “neutral” rating to a “buy” rating and set a $80.00 price objective for the company in a report on Tuesday, January 27th. Zacks Research cut CoStar Group from a “hold” rating to a “strong sell” rating in a report on Friday, January 9th. Finally, Citigroup reissued a “market outperform” rating on shares of CoStar Group in a research report on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $83.24.

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 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.