NasdaqGS:CSGPReal Estate
CoStar Insider Buying And Buyback Plan Confront Residential Strategy Concerns
CoStar Group's CEO and a company director have recently made large insider share purchases in NasdaqGS:CSGP.
The board has authorized a significant share repurchase program alongside a new round of cost reductions.
These moves come as an activist investor questions the company’s residential real estate strategy.
CoStar Group, trading on NasdaqGS:CSGP at a recent close of $48.38, is in the spotlight as leadership buys more stock while responding to activist pressure. The share price is up...