The Executive VP, Sales of CoStar Group (NASDAQ: CSGP) is Selling Shares

By Carrie Williams

Today, the Executive VP, Sales of CoStar Group (NASDAQ: CSGP), Matthew Linnington, sold shares of CSGP for $199.6K.

In addition to Matthew Linnington, one other CSGP executive reported Sell trades in the last month.

Based on CoStar Group’s latest earnings report from March 31, the company posted quarterly revenue of $199.7M and quarterly net profit of $16.72M. In comparison, last year the company earned revenue of $189.1M and had a GAAP net loss of $5.36M. The company has a one year high of $224.79 and a one year low of $146.53. CSGP’s market cap is $6.1B and the company has a P/E ratio of 77.00.

The insider sentiment on CoStar Group has been negative according to 27 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

CoStar Group, Inc. provides information, analytics and marketing services to the commercial real estate industry. Its integrated suite of online service offerings includes information about space available for lease, comparable sales information, tenant information, information about properties for sale, internet marketing services, analytical capabilities, information for client’s websites, information about industry professionals and their business relationships, data integration and industry news. The company was founded by Andrew C. Florance and Michael R. Klein in 1987 and is headquartered in Washington, DC.