CoStar Group director John Hill sells $92,049 in shares

CoStar Group's director, John W. Hill, sold a total of 3,050 shares of the company's common stock on November 12, 2026. The sale amounted to $92,049, with shares exchanged at prices ranging from $30.17 to $30.19. The weighted average price per share was $30.18. After completing the transactions, Mr. Hill still holds 19,943 shares of CoStar Group common stock.

The insider sale occurred as the company's stock price was trading at $30.96, representing a significant 54% decline over the previous year. Despite this downward trend, InvestingPro analysis suggests that CoStar Group's stock is currently undervalued, with a Fair Value indicating substantial upside potential. CoStar Group maintains a substantial market capitalization of $12.11 billion and reported a 20% increase in revenue, although the company carries a high price-to-earnings ratio of 72.

Investors can delve deeper into the company's performance by reviewing the Pro Research Report, which covers CoStar Group and 1,400+ other US equities. Recently, CoStar Group reported its third-quarter 2026 earnings, surpassing analysts' expectations with an adjusted earnings per share of $0.38 compared to the forecasted $0.34. The company's revenue for the period amounted to $952 million, slightly higher than the projected $945 million.

However, investor sentiment has been affected by weaker bookings and slower sales-force growth, which have influenced stock market sentiment. Despite these challenges, Citizens has maintained its Market Outperform rating for CoStar Group, with a price target of $35.00. The firm's analysis indicates that CoStar Group's shares were trading at $29.40 after the market closed, suggesting a valuation of 12.0 times its estimated 2027 EBITDA of $1 billion.

These developments highlight the ongoing evaluation of CoStar Group's financial performance and market position, as investors closely monitor the company's progress amid changing market conditions. This report was generated with the assistance of AI and reviewed by a human editor.