Michael J.  Desmarais net worth and biography

Michael Desmarais Biography and Net Worth

Insider of CoStar Group
Michael Desmarais, CoStar Chief Human Resources Officer, is focused on building and developing the next generation of CoStar’s industry leading team of researchers, experts and innovators. Bringing more than 20 years of experience in human resources and professional services, he is responsible for ensuring CoStar has a dynamic, inclusive, high performing culture that evolves as the company continues to grow. Through his oversight of Corporate Facilities, Michael creates strategies to leverage CoStar’s physical space to foster a world class employee experience.

Prior to joining CoStar, Michael was a Managing Director within Human Capital Management at Goldman Sachs & Co. Over the course of more than 17 years, he contributed innovative thought leadership and held a variety of senior positions including, Head of Human Resources for Engineering, Co-Head of Global Business Partners, Head of Global Recruiting and the Chief Operating Officer for the Human Capital Management division.

Michael began his career in public accounting at KPMG and later Grant Thornton, becoming a Certified Public Accountant. Additionally, he spent 10 years in Executive Search where he was responsible for establishing and managing the New York City region for Vedior Professional Services, NV.

Michael graduated from Stonehill College with a BS in Accounting.

What is Michael J. Desmarais' net worth?

The estimated net worth of Michael J. Desmarais is at least $4.89 million as of April 26th, 2024. Mr. Desmarais owns 64,087 shares of CoStar Group stock worth more than $4,887,915 as of November 21st. This net worth approximation does not reflect any other investments that Mr. Desmarais may own. Learn More about Michael J. Desmarais' net worth.

How do I contact Michael J. Desmarais?

The corporate mailing address for Mr. Desmarais and other CoStar Group executives is 1331 L STREET NW, WASHINGTON DC, 20005. CoStar Group can also be reached via phone at (202) 346-6500 and via email at [email protected]. Learn More on Michael J. Desmarais' contact information.

Has Michael J. Desmarais been buying or selling shares of CoStar Group?

Michael J. Desmarais has not been actively trading shares of CoStar Group over the course of the past ninety days. Most recently, Michael J. Desmarais sold 3,800 shares of the business's stock in a transaction on Friday, April 26th. The shares were sold at an average price of $92.67, for a transaction totalling $352,146.00. Following the completion of the sale, the insider now directly owns 64,087 shares of the company's stock, valued at $5,938,942.29. Learn More on Michael J. Desmarais' trading history.

Who are CoStar Group's active insiders?

CoStar Group's insider roster includes Michael Desmarais (Insider), Andrew Florance (CEO), John Hill (Director), Laura Kaplan (Director), Michael Klein (Director), Lisa Ruggles (VP), Frederick Saint (Insider), Frank Simuro (CTO), and Scott Wheeler (CFO). Learn More on CoStar Group's active insiders.

Are insiders buying or selling shares of CoStar Group?

During the last year, CoStar Group insiders bought shares 1 times. They purchased a total of 14,731 shares worth more than $1,099,963.77. During the last year, insiders at the technology company sold shares 4 times. They sold a total of 201,189 shares worth more than $17,322,887.13. The most recent insider tranaction occured on October, 25th when CEO Andrew C Florance bought 14,731 shares worth more than $1,099,963.77. Insiders at CoStar Group own 1.6% of the company. Learn More about insider trades at CoStar Group.

Information on this page was last updated on 10/25/2024.

Michael J. Desmarais Insider Trading History at CoStar Group

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
4/26/2024Sell3,800$92.67$352,146.0064,087View SEC Filing Icon  
3/8/2023Sell5,600$70.36$394,016.0044,846View SEC Filing Icon  
10/28/2022Sell1,296$82.81$107,321.7636,900View SEC Filing Icon  
8/3/2022Sell2,000$72.51$145,020.0039,619View SEC Filing Icon  
5/2/2022Sell1,000$63.14$63,140.0041,619View SEC Filing Icon  
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Michael J. Desmarais Buying and Selling Activity at CoStar Group

This chart shows Michael J Desmarais's buying and selling at CoStar Group by year and by quarter.

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CoStar Group Company Overview

CoStar Group logo
CoStar Group, Inc. provides information, analytics, and online marketplace services to the commercial real estate, hospitality, residential, and related professionals industries in the United States, Canada, Europe, the Asia Pacific, and Latin America. The company offers CoStar Property that provides inventory of office, industrial, retail, multifamily, hospitality, and student housing properties and land; CoStar Sales, a robust database of comparable commercial real estate sales transactions; CoStar Market Analytics to view and report on aggregated market and submarket trends; and CoStar Tenant, an online business-to-business prospecting and analytical tool that provides tenant information. It also provides Leasing, a tool to capture, manage, and maintain lease data; CoStar Lease Analysis; Public Record, a searchable database of commercially zoned parcels; CoStar Real Estate Manager, a real estate lease administration, portfolio management, and lease accounting compliance software solution; and CoStar Risk Analytics and CoStar Investment. In addition, it offers apartment marketing sites, such as ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, WestsideRentals.com, AFTER55.com, CorporateHousing.com, ForRentUniversity.com, Apartamentos.com, and Off Campus Partners; LoopNet Premium Lister; LoopNet Diamond, Platinum, and Gold Ads; LandsofAmerica.com, LandAndFarm.com, and LandWatch.com for rural land for-sale; BizBuySell.com, BizQuest.com, and FindaFranchise.com for operating businesses and franchises for-sale; Ten-X, an online auction platform for commercial real estate; and HomeSnap, an online and mobile software platform, as well as Homes.com, a homes for sale listings site. The company was founded in 1987 and is headquartered in Washington, the District of Columbia.
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Today's Range

Now: $76.27
Low: $71.51
High: $76.46

50 Day Range

MA: $75.49
Low: $71.25
High: $79.29

2 Week Range

Now: $76.27
Low: $68.26
High: $100.38

Volume

4,391,359 shs

Average Volume

3,771,485 shs

Market Capitalization

$31.27 billion

P/E Ratio

173.34

Dividend Yield

N/A

Beta

0.82