The estimated Net Worth of Andrew C Florance is at least $227 Million dollars as of 28 April 2023. Mr. Florance owns over 360,530 units of Costar stock worth over $106,266,533 and over the last 21 years he sold CSGP stock worth over $101,471,428. In addition, he makes $19,324,500 as President, Chief Executive Officer, and Director at Costar.
Andrew has made over 36 trades of the Costar stock since 2004, according to the Form 4 filled with the SEC. Most recently he exercised 360,530 units of CSGP stock worth $6,590,488 on 28 April 2023.
The largest trade he's ever made was exercising 360,530 units of Costar stock on 28 April 2023 worth over $6,590,488. On average, Andrew trades about 14,777 units every 59 days since 2003. As of 28 April 2023 he still owns at least 1,334,839 units of Costar stock.
You can see the complete history of Mr. Florance stock trades at the bottom of the page.
Andrew C. Florance serves as President, Chief Executive Officer, Director of the Company. As President and CEO of CoStar Group, Mr. Florance has directed CoStar Group’s successful expansion from start-up, to its initial public offering in July 1998, to its market-leading position today with a staff of over 4,300 worldwide and a client base that includes the real estate industry’s leading brokerage firms, property owners, and lenders. He manages an international service platform that includes the United States, United Kingdom, France, Spain, Germany, Canada, and several other countries throughout Asia Pacific and Latin America and was utilized by an average of 50 million users a month in 2019. While leading CoStar Group, he has identified, negotiated, and closed more than 30 acquisitions across six countries. Mr. Florance is a recognized authority for analysis of the real estate markets. He co-authored a study about the utilization and usefulness of a massive data set to track apartment rents effectively, titled “What’s Really Happening With Apartment Rents.” The study received a 2016 Manuscript Prize Award from the American Real Estate Society ("ARES"), an association of real estate thought leaders. He conceived of and co-authored the study resulting in the 2010 launch of the CoStar Commercial Repeat-Sale Indices , which is believed to be the most comprehensive and thorough commercial real estate repeat-sale price index available in the market today. The study was recognized as “Best Manuscript” by the James R. Webb ARES Foundation. In addition, Mr. Florance is the recipient of numerous other awards recognizing his accomplishments as an entrepreneur and corporate leader. Mr. Florance was awarded a Doctor of Humane letters from Virginia Commonwealth University in 2019. He served on the board of directors of Walker & Dunlop, Inc. from November 2012 to May 2016 and previously served on the Governing Boards of Beauvoir, The National Cathedral Elementary School and of St. Albans School.
As the President, Chief Executive Officer, and Director of Costar, the total compensation of Andrew Florance at Costar is $19,324,500. There are no executives at Costar getting paid more.
Andrew Florance is 56, he's been the President, Chief Executive Officer, and Director of Costar since 1995. There are 7 older and 12 younger executives at Costar. The oldest executive at Costar Group, Inc. is Michael Klein, 78, who is the Independent Chairman of the Board.
Andrew's mailing address filed with the SEC is C/O COSTAR GROUP, INC., 1331 L STREET, NW, WASHINGTON, DC, 20005.
Over the last 21 years, insiders at Costar have traded over $307,409,224 worth of Costar stock. The most active insiders traders include Michael R Klein, Andrew C Florance, and David Bonderman. On average, Costar executives and independent directors trade stock every 41 days with the average trade being worth of $1,809,933. The most recent stock trade was executed by John W Hill on 30 July 2024, trading 1,325 units of CSGP stock currently worth $103,562.
costar group, inc. (nasdaq: csgp) is the leading provider of commercial real estate information, analytics and online marketplaces. founded in 1987, costar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. loopnet is the most heavily trafficked commercial real estate marketplace online with more than 9.8 million registered members. apartments.com, apartmentfinder.com and apartmenthomeliving.com form the premier online apartment resource for renters seeking great apartment homes and provide property managers and owners a proven platform for marketing their properties. costar group operates websites with over 23.6 million unique monthly visitors in aggregate as of june 2015. headquartered in washington, dc, costar maintains off
Costar executives and other stock owners filed with the SEC include: