Michael R.  Klein net worth and biography

Michael Klein Biography and Net Worth

Director of CoStar Group

Michael R. Klein has been the Chairman of our Board of Directors since he and Mr. Florance started the Company in 1987. Mr. Klein also currently serves as Chairman of the board of directors and Chief Executive Officer of The Sunlight Foundation, a non-profit public education organization which he founded in 2005, and as Vice Chairman of the board of directors, Lead Director, Chairman of the audit and corporate governance & nominating committees, and member of the compensation committee of Tutor Perini Corporation, a publicly-held construction company. From 1998 to 2011, he served on the board of directors of SRA International, Inc., a formerly publicly held provider of technology and strategic consulting services and solutions which was sold in June 2011. Mr. Klein is also a director of ASTAR Air Cargo, Inc., a privately held company. He also serves as Chairman of the board of directors of The Shakespeare Theatre Company, as a director and secretary of the American Himalayan Foundation, as a director of the NAACP Legal Defense and Education Fund, and as a trustee of the Aspen Music Festival and School and the Aspen Institutes. From 1974 through 2005, he was a partner of the law firm now known as Wilmer Cutler Pickering Hale & Dorr, LLP. Mr. Klein received a B.B.A. and a J.D. from the University of Miami and an L.L.M. from Harvard University.

As a result of his service on our Board of Directors since the Company’s inception, Mr. Klein has extensive knowledge of the commercial real estate, data provider and technology industries, as well as the Company’s products, services and business strategies. In addition to his role and tenure on our Board, Mr. Klein brings to the Board of Directors extensive experience through his service over the past 27 years on the boards of directors of the foregoing and other publicly-held companies, as well as several privately held businesses and non-profit organizations, including in the role of Chairman and Lead Director. Mr. Klein’s experience gained as a result of his involvement as a founder, director and/or investor in those entities over the past 27 years, including active participation in their business development and management, enables him to contribute significantly to the oversight and governance of the Company. Mr. Klein also has three decades of service as a corporate and securities lawyer with significant participation in corporate financings and mergers & acquisitions allowing him to provide valuable insight when evaluating or overseeing the Company’s business and growth strategies.

What is Michael R. Klein's net worth?

The estimated net worth of Michael R. Klein is at least $145.94 million as of October 25th, 2024. Mr. Klein owns 1,913,501 shares of CoStar Group stock worth more than $145,942,721 as of November 21st. This net worth evaluation does not reflect any other investments that Mr. Klein may own. Learn More about Michael R. Klein's net worth.

How do I contact Michael R. Klein?

The corporate mailing address for Mr. Klein 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 R. Klein's contact information.

Has Michael R. Klein been buying or selling shares of CoStar Group?

During the past quarter, Michael R. Klein has sold $5,350,268.77 in shares of CoStar Group stock. Most recently, Michael R. Klein sold 71,633 shares of the business's stock in a transaction on Friday, October 25th. The shares were sold at an average price of $74.69, for a transaction totalling $5,350,268.77. Following the completion of the sale, the director now directly owns 1,913,501 shares of the company's stock, valued at $142,919,389.69. Learn More on Michael R. Klein's 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 R. Klein Insider Trading History at CoStar Group

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
10/25/2024Sell71,633$74.69$5,350,268.771,913,501View SEC Filing Icon  
8/6/2018Sell15,000$420.69$6,310,350.00View SEC Filing Icon  
3/22/2018Sell3,000$361.61$1,084,830.00View SEC Filing Icon  
6/26/2017Sell20,000$265.01$5,300,200.00View SEC Filing Icon  
See Full Table

Michael R. Klein Buying and Selling Activity at CoStar Group

This chart shows Michael R Klein'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