CoStar Group, Inc. $CSGP reported third-quarter 2026 revenue of $952 million, up 14.2% from a year earlier but slightly below Wall Street expectations of $965.1 million. Gross profit rose to $741 million, showing continued top-line growth and solid underlying profitability.
Profitability was weaker than a year ago, with operating profit of $84 million, net income attributable to common shareholders of $74 million, and diluted earnings per share of $0.18. Those figures were down sharply from the prior year, even as revenue increased.
Cash generation improved significantly, with operating cash flow climbing to $188 million. The company also spent $82 million on property and equipment during the quarter, while cash and cash equivalents stood at $500 million.
Key highlights from the release:
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
CoStar Group, Inc. Insider Trading Activity
CoStar Group, Inc. insiders have traded $CSGP stock on the open market 5 times in the past 6 months. Of those trades, 3 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $CSGP stock by insiders over the last 6 months:
- ANDREW C FLORANCE (Founder and CEO) has made 3 purchases buying 154,730 shares for an estimated $5,004,045 and 0 sales.
- CYNTHIA CAMMETT CANN (Chief Accounting Officer) sold 4,788 shares for an estimated $147,374
- JOHN W HILL sold 3,500 shares for an estimated $105,735
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.
CoStar Group, Inc. Hedge Fund Activity
We have seen 380 institutional investors add shares of CoStar Group, Inc. stock to their portfolio, and 434 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRINCIPAL FINANCIAL GROUP INC removed 13,905,398 shares (-78.6%) from their portfolio in Q2 2026, for an estimated $393,800,871
- AQR CAPITAL MANAGEMENT LLC added 7,182,770 shares (+568.8%) to their portfolio in Q2 2026, for an estimated $203,416,046
- EDGEPOINT INVESTMENT GROUP INC. added 5,950,002 shares (+inf%) to their portfolio in Q2 2026, for an estimated $168,504,056
- BAMCO INC /NY/ added 5,312,588 shares (+32.6%) to their portfolio in Q2 2026, for an estimated $150,452,492
- JPMORGAN CHASE & CO added 4,939,994 shares (+inf%) to their portfolio in Q2 2026, for an estimated $139,900,630
- GOLDMAN SACHS GROUP INC removed 4,116,328 shares (-44.5%) from their portfolio in Q2 2026, for an estimated $116,574,408
- POLEN CAPITAL MANAGEMENT LLC removed 3,811,054 shares (-30.3%) from their portfolio in Q2 2026, for an estimated $107,929,049
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.
CoStar Group, Inc. Congressional Stock Trading
Members of Congress have traded $CSGP stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $CSGP stock by members of Congress over the last 6 months:
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 08/19.
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.
CoStar Group, Inc. Price Targets
Multiple analysts have issued price targets for $CSGP recently. We have seen 5 analysts offer price targets for $CSGP in the last 6 months, with a median target of $42.0.
Here are some recent targets:
- George Tong from Goldman Sachs set a target price of $46.0 on 06/25/2026
- Jason Haas from Wells Fargo set a target price of $26.0 on 06/24/2026
- 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
