CoStar (CSGP) Insider Christine Mccarthy Buys 8,262 Shares
CoStar Group executive Christine Mccarthy picked up shares of the real estate platform alongside a group of peers on June 23, 2026.
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Christine Mccarthy bought 8,262 shares of CoStar Group, Inc. ($CSGP) on June 23, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $CSGP is down 6.4% after 1 week, down 10.3% after 1 month and up 6.8% to date (from the $30.26 close on Jun 23, 2026).
CSGP
CoStar Group, Inc.
Key Points
- Christine Mccarthy acquired 8,262 shares of CoStar Group Inc NasdaqGS CSGP on June 23, 2026, in a synchronized purchase alongside multiple corporate peers.
- The stock traded at $29.04 recently, sitting closer to its 52-week low of $25.89 than its high of $79.08.
- Wall Street currently maintains a consensus buy recommendation on the stock backed by 20 analyst opinions and a mean price target of $37.40.
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CoStar Group Insider Christine Mccarthy Buys Shares
Christine Mccarthy acquired 8,262 shares of CoStar Group, Inc. (NasdaqGS: CSGP) on June 23, 2026. The transaction comes at a time when several other leaders at the firm made identical moves, showing a coordinated push by internal stakeholders to build up their personal equity holdings in the real estate analytics platform.
Synchronized Buying Across CoStar Group Leadership
The June 23 transaction was not an isolated event for the firm. Robert Musslewhite, Rachel Glaser, Louise Sams, John Hill, Angelique Brunner, and John Berisford each picked up matching blocks of 8,262 shares on the exact same day. These aligned purchases by multiple insiders point to a shared internal perspective as the enterprise moves through the middle months of the year.
CoStar Group Stock Trades Near Recent Lows
The shares recently changed hands at $29.04, hovering closer to the bottom of their 52-week trading range of $25.89 to $79.08. This pricing level places the equity well under its 50-day moving average of $30.25 and significantly below its 200-day moving average of $38.42. The company commands a market capitalization of $12.97 billion and carries a forward P/E ratio of 18.05.
Recent Earnings and Financial Health
For its financial performance, CoStar Group reported $3.56 billion in total revenue accompanied by an 18.4% revenue growth rate. The enterprise posted earnings per share of $0.18 alongside a net profit margin of 2.08% and a return on equity of 0.89%. The next quarterly financial disclosure is scheduled for October 27, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
8 target cuts vs 0 raises.
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EPS & revenue
EPS beat estimates by 22.5%. Revenue missed estimates by 1.9%.
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Profit surprise
EBITDA missed by 25 percent. Operating income missed by 68 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
8 target cuts.
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Earnings quality
Gross margin down 0.9 points. Operating margin up 6.2 points. Positive free cash flow.
Earnings Call Summary
CoStar delivered strong Q1 results with revenue of $897 million, up 23 percent year over year, and adjusted EBITDA of $132 million, doubling the prior year quarter. The Homes.com business accelerated with 35,175 agent members generating an average 11x return on subscription investment, while Apartments.com grew 10 percent and added significant Matterport tours. Management emphasized that activist distraction is behind them and they are confident in executing their growth and profitability targets through 2030.
Guidance Company reaffirmed full year revenue of $3.78 billion to $3.82 billion and raised adjusted EBITDA guidance to $780 million to $820 million. For the second quarter, they expect revenue of $922 million to $932 million and adjusted EBITDA of $160 million to $180 million, with Residential reaching profitability.
Severe negative reset. The report materially damaged the forward outlook and likely forces major downward revisions.
Wall Street Analyst Outlook and Ratings
Analyst coverage shows a mix of adjustments across major advisory firms following recent quarters. On October 6, 2026, Needham reiterated its buy rating on the stock with a $40.00 price target. Earlier in August, BMO Capital maintained a market perform rating while lifting its target to $33.00. Meanwhile, firms such as Citigroup, JP Morgan, William Blair, Citizens, Wolfe Research, and Keefe, Bruyette & Woods updated their stances during July, bringing the broader consensus to a buy rating with a mean target price of $37.40 based on 20 analyst opinions.
Understanding the CoStar Group Platform
CoStar Group operates online marketplaces and provides information services for commercial and residential property markets. Its digital footprint includes popular platforms like Apartments.com, LoopNet, and Homes.com, serving everyone from individual brokers to massive institutional asset managers.
What to Watch Next for CSGP
Investors tracking CoStar Group will monitor upcoming regulatory filings to see if insiders continue adding to their portfolios. The upcoming third-quarter earnings release on October 27, 2026, will provide fresh financial data. As a reminder, insider buying patterns reflect personal decisions by executives and do not guarantee future stock movements.
Related Filing Alerts
Source: Christine Mccarthy's Form 4 filing on $CSGP (Jun 23, 2026). Find the original filing: CSGP Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts