Street Calls of the Week
President of Marketplaces at Costar Group (NASDAQ:CSGP), Frederick G. Saint, sold 25,000 shares of common stock on August 28, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at an average price of $90.33, with prices ranging from $90.30 to $90.38, for a total transaction value of $2.26 million. The sale comes as CoStar Group , a prominent player in the Real Estate Management & Development industry, trades at a P/E ratio of 347.4x, significantly above industry averages. InvestingPro analysis shows the company has delivered strong returns with a 23% gain year-to-date. Following the transaction, Saint directly owns 293,103 shares of Costar Group. The company maintains a strong financial position, holding more cash than debt on its balance sheet, with liquid assets exceeding short-term obligations. For deeper insights into insider trading patterns and comprehensive financial analysis, InvestingPro subscribers can access detailed reports covering over 1,400 US stocks.
In other recent news, CoStar Group reported a strong performance in its second-quarter 2025 earnings. The company saw a 15% increase in revenue compared to the previous year, totaling $781 million. Additionally, CoStar Group achieved record net new bookings of $93 million, representing a 65% sequential rise. In a significant move, CoStar Group completed the acquisition of Domain Holdings Australia Limited. This acquisition enhances CoStar’s presence in the Australian property market by combining its global scale with Domain’s local expertise. Domain Holdings reportedly reaches about 7 million Australians each month. These developments reflect CoStar Group’s ongoing expansion and growth in both revenue and market reach.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.