Andrew C. Florance, Founder and CEO at COSTAR GROUP, INC. (CSGP), bought 83,300 shares at $29.89 ($2.5M) on 2026-08-04, disclosed to the SEC on 2026-08-05.
Founder and CEO Andrew Florance purchased 83,300 shares for $2.49M, marking the largest insider purchase in the company's history and expanding his direct stake by 5%.
The stock is down 68.71% over the past year and trades 16.21% above its 52-week low of $26.00, currently sitting at $30.22.
1) Q2 2026 earnings on an unspecified date; 2) Revised forecast that U.S. industrial real estate demand could outpace new supply by late 2027; 3) The largest insider purchase ever recorded.
1) The stock trades at a high P/E ratio of 179.89; 2) Recent analyst notes from Polen Capital and Spyglass Capital highlight investor doubts regarding the stock's momentum.
Negative factors outweigh the positive ones.
| Filing → |
| CSGP | BUY | 2024-10-28 | $2.2M | — | Filing → |
| CSGP | SELL | 2023-05-02 | $55.4M | — | Filing → |
| CSGP | SELL | 2021-03-11 | $32.0M | — | Filing → |