CoStar Group founder and CEO Andrew Florance purchased 83,300 shares of common stock at $29.89 per share for a total transaction value of approximately $2.5 million on August 4, 2026. The acquisition increased his direct equity holdings by 5%, bringing his total direct position to roughly 1.8 million shares. The purchase was executed as the stock's one-year return stood at negative 69% as of the transaction date. The company is rolling out platinum listings on Homes.com this quarter, and analysts' consensus figures project fiscal 2026 revenue growth of 15% to more than $3.7 billion with net income jumping from $7 million to over $235 million.
CoStar Group IncCEO's insider purchase signals confidence despite stock decline
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