CSGP COSTAR GROUP, INC. Insider Trading

CSGP CEO Andrew C. Florance purchases 71,430 shares amid significant stock pullback from highs.

Andrew C. Florance, the President and CEO of CoStar Group, made substantial open-market purchases totaling over $2.5 million in shares while the stock trades sharply below its recent highs and has declined notably over recent months. This C-suite buying is particularly noteworthy because it occurs during a pronounced drawdown rather than at record valuations, suggesting conviction that the current price does not reflect the company's underlying value. The company remains profitable with strong revenue growth, providing a fundamentally sound backdrop for the CEO's vote of confidence through his own capital deployment.