On November 26, 2024, Michael Desmarais, Chief Human Resources Officer at CoStar Group Inc, sold 5,500 shares of the company. Following this transaction, the insider now owns 58,798 shares of CoStar Group Inc. The details of this transaction can be found in the SEC Filing.
CoStar Group Inc (CSGP, Financial) is a leading provider of commercial real estate information, analytics, and online marketplaces. The company offers a comprehensive suite of services to clients, including property listings, market analysis, and transaction management tools.
The insider transaction history for CoStar Group Inc shows that there have been 1 insider buy and 7 insider sells over the past year. Over the same period, Michael Desmarais has sold a total of 9,300 shares and purchased 0 shares.
On the day of the recent sale, shares of CoStar Group Inc were trading at $79.88, giving the stock a market cap of $33.604 billion. The company's price-earnings ratio stands at 186.30, which is higher than the industry median of 15.01 and also higher than the company’s historical median price-earnings ratio.
With a price of $79.88 and a GuruFocus Value of $92.28, CoStar Group Inc has a price-to-GF-Value ratio of 0.87, indicating that the stock is modestly undervalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
