CoStar Group, Inc. (NASDAQ:CSGP) Sees Large Decline in Short Interest

CoStar Group, Inc. (NASDAQ:CSGP) was the target of a large decrease in short interest during the month of April. As of April 15th, there was short interest totaling 16,639,852 shares, a decrease of 24.3% from the March 31st total of 21,977,041 shares. Currently, 4.0% of the company’s stock are short sold. Based on an average trading volume of 6,279,015 shares, the short-interest ratio is currently 2.7 days.

Insider Activity at CoStar Group

In related news, Director Louise S. Sams acquired 1,000 shares of the company’s stock in a transaction dated 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 acquisition, the director owned 20,409 shares in the company, valued at $986,979.24. This trade represents a 5.15% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.09% of the company’s stock.

Institutional Trading of CoStar Group

A number of large investors have recently bought and sold shares of the business. Quent Capital LLC bought a new stake in shares of CoStar Group during the 3rd quarter valued at about $26,000. Manning & Napier Advisors LLC bought a new stake in CoStar Group in the third quarter worth approximately $28,000. Westside Investment Management Inc. increased its holdings in CoStar Group by 100.0% in the third quarter. Westside Investment Management Inc. now owns 360 shares of the technology company’s stock worth $30,000 after purchasing an additional 180 shares in the last quarter. Root Financial Partners LLC acquired a new position in CoStar Group in the third quarter valued at approximately $31,000. Finally, Reflection Asset Management bought a new position in shares of CoStar Group during the 4th quarter worth approximately $27,000. 96.60% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. William Blair restated an “outperform” rating on shares of CoStar Group in a research report on Tuesday, March 3rd. Stephens decreased their price objective on CoStar Group from $70.00 to $50.00 and set an “overweight” rating for the company in a report on Tuesday, April 14th. Zacks Research upgraded shares of CoStar Group from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. Deutsche Bank Aktiengesellschaft set a $44.00 price objective on CoStar Group in a report on Thursday. Finally, Wells Fargo & Company dropped their target price on shares of CoStar Group from $40.00 to $33.00 and set an “underweight” rating on the stock in a report on Thursday. Twelve research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $58.59.

More CoStar Group News

Here are the key news stories impacting CoStar Group this week:

• Positive Sentiment: BTIG reaffirmed a Buy rating, supporting investor confidence in CoStar’s strategic growth (research support). BTIG Research Reiterates Buy Rating for CoStar Group (NASDAQ:CSGP)
• Positive Sentiment: Bares Capital flagged CoStar as a bullish idea, signalling activist/institutional interest that can underpin the stock. CoStar Group Inc. (CSGP): Bares Capital Is Bullish on This Stock
• Positive Sentiment: CoStar’s Q1 results showed record revenue growth, an EPS beat and management set Q2/FY26 guidance — fundamentals that support a recovery thesis. CoStar Group Inc (CSGP) Q1 2026 Earnings Call Highlights
• Neutral Sentiment: CoStar’s data business reported modest improvement in U.K. hotel RevPAR, indicating pockets of end‑market strength but limited immediate revenue impact. CoStar Data Shows U.K. Hotel RevPAR on an Upward Trajectory
• Neutral Sentiment: Analysts and press published Q1 deep dives noting residential momentum, Homes.com gains and AI initiatives — positive structural themes but with near‑term execution risks. CSGP Q1 deep dive
• Negative Sentiment: Wells Fargo cut its price target to $33 and moved to an underweight, a clear negative that increases selling pressure. CoStar Group (NASDAQ:CSGP) Price Target Lowered to $33.00 at Wells Fargo & Company
• Negative Sentiment: Several firms trimmed targets — Needham to $50 and Citizens Jmp to $44 — adding to consensus downward revisions. Needham & Company LLC Lowers CoStar Group (NASDAQ:CSGP) Price Target to $50.00 Citizens Jmp Lowers CoStar Group (NASDAQ:CSGP) Price Target to $44.00
• Negative Sentiment: Goldman lowered its target to $54 (while keeping a Buy), signaling reduced upside expectations and contributing to mixed analyst tone. CoStar Group (NASDAQ:CSGP) Price Target Lowered to $54.00 at The Goldman Sachs Group

CoStar Group Price Performance

CoStar Group stock traded up $0.11 during midday trading on Friday, reaching $34.72. The company’s stock had a trading volume of 6,367,765 shares, compared to its average volume of 6,122,860. The business has a 50-day moving average price of $41.78 and a 200-day moving average price of $57.04. The stock has a market cap of $14.58 billion, a PE ratio of 578.76, a price-to-earnings-growth ratio of 0.91 and a beta of 0.75. CoStar Group has a 52 week low of $33.31 and a 52 week high of $97.43. The company has a current ratio of 2.20, a quick ratio of 2.84 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 EPS for the quarter, beating the consensus estimate of $0.18 by $0.05. The firm had revenue of $897.00 million during the quarter, compared to the consensus estimate of $896.73 million. CoStar Group had a return on equity of 2.90% and a net margin of 0.74%.The business’s quarterly revenue was up 22.5% on a year-over-year basis. During the same period last year, the company earned ($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. On average, sell-side analysts predict that CoStar Group will post 1.02 EPS for the current year.

CoStar Group declared that its Board of Directors has authorized a share repurchase program on Wednesday, January 7th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the technology company to buy up to 5.3% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

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.