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Real Estate - Real Estate - Services - NASDAQ - US
$ 71.25
-5.05 %
$ 29.2 B
Market Cap
169.64
P/E
1. INTRINSIC VALUE

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. It offers CoStar Property that provides inventory of office, industrial, retail, multifamily, hospitality, and student housing properties and land; CoStar COMPS, 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. The company also provides Lease Comps and Analysis, 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.[ Read More ]

The intrinsic value of one CSGP stock under the base case scenario is HIDDEN Compared to the current market price of 71.2 USD, CoStar Group, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CSGP

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FINANCIALS
2.46 B REVENUE
12.49%
282 M OPERATING INCOME
-37.40%
375 M NET INCOME
1.42%
490 M OPERATING CASH FLOW
2.27%
-239 M INVESTING CASH FLOW
-245.52%
-3.7 M FINANCING CASH FLOW
-0.50%
693 M REVENUE
2.18%
23.7 M OPERATING INCOME
210.75%
53 M NET INCOME
176.04%
100 M OPERATING CASH FLOW
83.36%
-85.2 M INVESTING CASH FLOW
12.44%
1.5 M FINANCING CASH FLOW
-85.85%
Balance Sheet Decomposition CoStar Group, Inc.
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Current Assets 5.48 B
Cash & Short-Term Investments 5.22 B
Receivables 196 M
Other Current Assets 64.4 M
Non-Current Assets 3.44 B
Long-Term Investments 0
PP&E 552 M
Other Non-Current Assets 2.89 B
Current Liabilities 456 M
Accounts Payable 23.1 M
Short-Term Debt 80 M
Other Current Liabilities 353 M
Non-Current Liabilities 1.13 B
Long-Term Debt 1.06 B
Other Non-Current Liabilities 68.8 M
EFFICIENCY
Earnings Waterfall CoStar Group, Inc.
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Revenue 2.46 B
Cost Of Revenue 492 M
Gross Profit 1.96 B
Operating Expenses 1.68 B
Operating Income 282 M
Other Expenses -92.4 M
Net Income 375 M
RATIOS
79.98% GROSS MARGIN
79.98%
11.50% OPERATING MARGIN
11.50%
15.26% NET MARGIN
15.26%
5.11% ROE
5.11%
4.20% ROA
4.20%
2.52% ROIC
2.52%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis CoStar Group, Inc.
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Net Income 375 M
Depreciation & Amortization 108 M
Capital Expenditures -25.3 M
Stock-Based Compensation 85 M
Change in Working Capital -200 M
Others 37.9 M
Free Cash Flow 464 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets CoStar Group, Inc.
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Wall Street analysts predict an average 1-year price target for CSGP of $96.3 , with forecasts ranging from a low of $83 to a high of $110 .
CSGP Lowest Price Target Wall Street Target
83 USD 16.49%
CSGP Average Price Target Wall Street Target
96.3 USD 35.14%
CSGP Highest Price Target Wall Street Target
110 USD 54.39%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership CoStar Group, Inc.
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Sold
0-3 MONTHS
5.35 M USD 1
3-6 MONTHS
325 K USD 2
6-9 MONTHS
13.5 M USD 3
9-12 MONTHS
254 K USD 1
Bought
1.1 M USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
3 weeks ago
Oct 25, 2024
Sell 5.35 M USD
KLEIN MICHAEL R
Director
- 71633
74.69 USD
3 weeks ago
Oct 25, 2024
Bought 1.1 M USD
FLORANCE ANDREW C
President and CEO
+ 14731.03
74.67 USD
3 months ago
Jul 30, 2024
Sell 104 K USD
Hill John W
Director
- 1325
78.16 USD
6 months ago
May 16, 2024
Sell 221 K USD
SAINT FREDERICK G.
President, Marketplaces
- 2500
88.43 USD
6 months ago
May 09, 2024
Sell 1.82 M USD
Ruggles Lisa
Senior VP, Global Operations
- 20000
91.15 USD
6 months ago
Apr 26, 2024
Sell 352 K USD
DESMARAIS MICHAEL J
Chief Human Resources Officer
- 3800
92.67 USD
6 months ago
Apr 26, 2024
Sell 11.4 M USD
Wheeler Scott T
Chief Financial Officer
- 122736
92.61 USD
11 months ago
Nov 28, 2023
Sell 254 K USD
Hill John W
Director
- 3020
84.07 USD
1 year ago
Nov 08, 2023
Sell 117 K USD
NASSETTA CHRISTOPHER J
Director
- 1500
77.86 USD
1 year ago
Jun 28, 2023
Sell 1.92 M USD
Wheeler Scott T
Chief Financial Officer
- 21530
89.3 USD
1 year ago
Jun 30, 2023
Sell 2.79 M USD
Ruggles Lisa
Senior VP, Global Research
- 30474
91.42 USD
1 year ago
Jun 27, 2023
Sell 8.27 M USD
SIMURO FRANK
Chief Technology Officer
- 92300
89.65 USD
1 year ago
Jun 26, 2023
Sell 130 K USD
Hill John W
Director
- 1500
86.57 USD
1 year ago
Jun 12, 2023
Sell 1.99 M USD
Wheeler Scott T
Chief Financial Officer
- 24670
80.68 USD
1 year ago
Jun 07, 2023
Sell 2.41 M USD
SAINT FREDERICK G.
President, Marketplaces
- 30000
80.24 USD
1 year ago
Apr 28, 2023
Sell 27.7 M USD
FLORANCE ANDREW C
President and CEO
- 360530
76.77 USD
1 year ago
Mar 31, 2023
Sell 158 K USD
Hill John W
Director
- 2300
68.5 USD
1 year ago
Mar 08, 2023
Sell 394 K USD
DESMARAIS MICHAEL J
Chief Human Resources Officer
- 5600
70.36 USD
1 year ago
Mar 01, 2023
Sell 2.47 M USD
SIMURO FRANK
Chief Technology Officer
- 35220
70.09 USD
2 years ago
Nov 03, 2022
Sell 288 K USD
Hill John W
Director
- 3650
78.92 USD
2 years ago
Oct 28, 2022
Sell 107 K USD
DESMARAIS MICHAEL J
Chief Human Resources Officer
- 1296
82.81 USD
2 years ago
Aug 10, 2022
Sell 104 K USD
Hill John W
director:
- 1400
74.49 USD
2 years ago
Aug 05, 2022
Sell 10.9 M USD
KLEIN MICHAEL R
director:
- 150000
72.42 USD
2 years ago
Aug 03, 2022
Sell 145 K USD
DESMARAIS MICHAEL J
Chief Human Resources Officer
- 2000
72.51 USD
2 years ago
May 24, 2022
Sell 99.9 K USD
Hill John W
director:
- 1750
57.07 USD
2 years ago
May 02, 2022
Sell 63.1 K USD
DESMARAIS MICHAEL J
Chief Human Resources Officer
- 1000
63.14 USD
2 years ago
Mar 02, 2022
Sell 1.3 M USD
Ruggles Lisa
Senior VP, Global Research
- 21640
59.88 USD
3 years ago
Nov 11, 2021
Sell 6.95 K USD
Wheeler Scott T
Chief Financial Officer
- 85
81.72 USD
3 years ago
Nov 10, 2021
Sell 176 K USD
NASSETTA CHRISTOPHER J
Director
- 2120
83.21 USD
3 years ago
Nov 05, 2021
Sell 336 K USD
Kaplan Laura Cox
Director
- 4040
83.29 USD
3 years ago
Oct 29, 2021
Sell 803 K USD
Hill John W
Director
- 9235
86.9702 USD
3 years ago
Aug 09, 2021
Sell 528 K USD
Hill John W
Director
- 6160
85.765 USD
3 years ago
Apr 30, 2021
Sell 923 K USD
Kaplan Laura Cox
Director
- 1062
869.03 USD
3 years ago
Mar 23, 2021
Sell 6.52 M USD
SAINT FREDERICK G.
President, Marketplaces
- 7834
831.7 USD
3 years ago
Mar 16, 2021
Sell 6.18 M USD
Wheeler Scott T
Chief Financial Officer
- 7326
843.28 USD
3 years ago
Mar 10, 2021
Sell 16 M USD
FLORANCE ANDREW C
President and CEO
- 19570
818.37 USD
4 years ago
Sep 02, 2020
Sell 6.61 M USD
Ruggles Lisa
Senior VP, Global Research
- 7596
870 USD
4 years ago
Aug 26, 2020
Sell 13.2 M USD
FLORANCE ANDREW C
President and CEO
- 15584
848.16 USD
4 years ago
Aug 27, 2020
Sell 13.3 M USD
FLORANCE ANDREW C
President and CEO
- 15584
851.66 USD
4 years ago
Aug 12, 2020
Sell 2 M USD
Linnington Matthew
Executive VP, Sales
- 2419
826.32 USD
4 years ago
Aug 04, 2020
Sell 9.92 M USD
Wheeler Scott T
Chief Financial Officer
- 12002
826.71 USD
4 years ago
May 06, 2020
Sell 2.36 M USD
KLEIN MICHAEL R
Director
- 3639
647.52 USD
4 years ago
May 07, 2020
Sell 7.23 M USD
KLEIN MICHAEL R
Director
- 11361
636.51 USD
4 years ago
Mar 04, 2020
Sell 607 K USD
Steinberg David Jay
Director
- 850
714 USD
4 years ago
Mar 03, 2020
Sell 4.22 M USD
Wheeler Scott T
Chief Financial Officer
- 6005
703.26 USD
4 years ago
Mar 02, 2020
Sell 22.3 M USD
FLORANCE ANDREW C
President and CEO
- 33600
663.9 USD
4 years ago
Dec 31, 2019
Sell 296 K USD
Hill John W
Director
- 500
591.9 USD
5 years ago
Nov 19, 2019
Sell 341 K USD
Kaplan Laura Cox
Director
- 576
591.6 USD
5 years ago
Nov 19, 2019
Sell 341 K USD
Kaplan Laura Cox
Director
- 576
591.6 USD
5 years ago
Oct 25, 2019
Sell 232 K USD
NASSETTA CHRISTOPHER J
Director
- 406
570.99 USD
5 years ago
Jul 31, 2019
Sell 9.05 M USD
Linnington Matthew
Executive VP, Sales
- 14651
617.39 USD
5 years ago
Jul 26, 2019
Sell 4.36 M USD
Wheeler Scott T
Chief Financial Officer
- 6933
629.5 USD
5 years ago
Jul 26, 2019
Sell 15.2 M USD
FLORANCE ANDREW C
President and CEO
- 24210
628.64 USD
5 years ago
Jun 24, 2019
Sell 174 K USD
Hill John W
Director
- 315
553.23 USD
5 years ago
Mar 01, 2019
Sell 718 K USD
Ruggles Lisa
Senior VP, Global Research
- 1538
466.62 USD
5 years ago
Mar 01, 2019
Sell 2.24 M USD
Linnington Matthew
Executive VP, Sales
- 4701
477.31 USD
5 years ago
Mar 01, 2019
Sell 2.24 M USD
Linnington Matthew
Executive VP, Sales
- 4701
477.31 USD
5 years ago
Mar 01, 2019
Sell 2.57 M USD
Wheeler Scott T
Chief Financial Officer
- 5396
476.11 USD
5 years ago
Mar 04, 2019
Sell 26.2 M USD
FLORANCE ANDREW C
President and CEO
- 55322
473.38 USD
5 years ago
Dec 26, 2018
Sell 345 K USD
Hill John W
Director
- 1042
330.88 USD
6 years ago
Oct 29, 2018
Sell 200 K USD
NASSETTA CHRISTOPHER J
Director
- 571
349.67 USD
6 years ago
Aug 06, 2018
Sell 6.31 M USD
KLEIN MICHAEL R
Director
- 15000
420.69 USD
6 years ago
Jul 30, 2018
Sell 1.81 M USD
Linnington Matthew
Executive VP, Sales
- 4384
411.93 USD
6 years ago
Jul 27, 2018
Sell 2 M USD
Wheeler Scott T
Chief Financial Officer
- 4700
426.02 USD
6 years ago
Jul 27, 2018
Sell 13.8 M USD
CARCHEDI FRANCIS
Executive VP, Corp. Dev.
- 32671
421.87 USD
6 years ago
Apr 26, 2018
Sell 2.9 M USD
FLORANCE ANDREW C
President and CEO
- 7782
372.34 USD
6 years ago
Apr 27, 2018
Sell 4.16 M USD
FLORANCE ANDREW C
President and CEO
- 11200
371.15 USD
6 years ago
Apr 30, 2018
Sell 2.15 M USD
FLORANCE ANDREW C
President and CEO
- 5839
369.05 USD
6 years ago
Mar 29, 2018
Sell 415 K USD
Hill John W
Director
- 1150
361.28 USD
6 years ago
Mar 22, 2018
Sell 1.08 M USD
KLEIN MICHAEL R
Director
- 3000
361.61 USD
6 years ago
Mar 07, 2018
Sell 4.31 M USD
CARCHEDI FRANCIS
Executive VP, Corp. Dev.
- 12100
356.09 USD
6 years ago
Mar 05, 2018
Sell 442 K USD
Wheeler Scott T
Chief Financial Officer
- 1250
353.69 USD
6 years ago
Mar 02, 2018
Sell 2.36 M USD
Linnington Matthew
Executive VP, Sales
- 6768
348.19 USD
6 years ago
Mar 02, 2018
Sell 402 K USD
Linnington Matthew
Executive VP, Sales
- 1153
348.45 USD
6 years ago
Feb 27, 2018
Sell 27.8 M USD
FLORANCE ANDREW C
President and CEO
- 80055
347.1 USD
7 years ago
Jul 31, 2017
Sell 483 K USD
Linnington Matthew
Executive VP, Sales
- 1767
273.15 USD
7 years ago
Jun 26, 2017
Sell 5.3 M USD
KLEIN MICHAEL R
Director
- 20000
265.01 USD
7 years ago
May 02, 2017
Sell 108 K USD
Hill John W
Director
- 440
244.52 USD
7 years ago
May 01, 2017
Sell 182 K USD
Wheeler Scott T
Chief Financial Officer
- 757
240 USD
7 years ago
May 01, 2017
Sell 249 K USD
Linnington Matthew
Executive VP, Sales
- 1037
240 USD
7 years ago
May 02, 2017
Sell 1.35 M USD
CARCHEDI FRANCIS
Executive VP, Corp. Dev.
- 5500
245.04 USD
7 years ago
May 02, 2017
Sell 5.33 M USD
FLORANCE ANDREW C
President and CEO
- 21768
244.73 USD
7 years ago
May 03, 2017
Sell 5.32 M USD
FLORANCE ANDREW C
President and CEO
- 21768
244.19 USD
7 years ago
Mar 06, 2017
Sell 503 K USD
CARCHEDI FRANCIS
Executive VP, Corp. Dev.
- 2448
205.3 USD
7 years ago
Mar 02, 2017
Sell 922 K USD
CARCHEDI FRANCIS
Executive VP, Corp. Dev.
- 4500
204.98 USD
7 years ago
Mar 02, 2017
Sell 5.39 M USD
FLORANCE ANDREW C
President and CEO
- 26271
205.31 USD
8 years ago
Oct 31, 2016
Sell 93.9 K USD
NASSETTA CHRISTOPHER J
Director
- 500
187.73 USD
8 years ago
Nov 01, 2016
Sell 14 K USD
NASSETTA CHRISTOPHER J
Director
- 75
187.3 USD
8 years ago
Oct 31, 2016
Sell 200 K USD
Linnington Matthew
Executive VP, Sales
- 1060
188.31 USD
8 years ago
Aug 01, 2016
Sell 1.03 M USD
Glosserman Michael J
Director
- 5000
206.33 USD
7. News
CoStar Group to Present at RBC Capital Markets 2024 Global TIMT Conference WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, will present at this year's RBC Capital Markets 2024 Global TIMT Conference. CFO Chris Lown and Head of Investor Relations Rich Simonelli will participate in a fireside chat on Wednesday, November 20, 2024, at 3:20 p.m. ET. Live and recorded versions of the webcast will both be available under the Events & Presentations se. businesswire.com - 3 days ago
CoStar Group to Present at Stephens NASH24 Conference WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, will present at this year's Stephens NASH24 Conference. CFO Chris Lown and Head of Investor Relations Rich Simonelli will participate in a fireside chat on Tuesday, November 19, 2024, at 10:00 a.m. ET. Live and recorded versions of the webcast will both be available under the Events & Presentations section of the CoStar Gr. businesswire.com - 3 days ago
CoStar Group to Present at KBW Fintech Conference WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, will present at this year's KBW Fintech Conference. CFO Chris Lown and Head of Investor Relations Rich Simonelli will participate in a fireside chat on Thursday, November 14, 2024, at 12:40 p.m. ET. Live and recorded versions of the webcast will both be available under the Events & Presentations section of the CoStar Group. businesswire.com - 4 days ago
Is the Options Market Predicting a Spike in CoStar Group (CSGP) Stock? Investors need to pay close attention to CoStar Group (CSGP) stock based on the movements in the options market lately. zacks.com - 5 days ago
Stock Picks From Seeking Alpha's October 2024 New Analysts In October, 42 new analysts joined Seeking Alpha, sharing diverse investment ideas and strategies, from biotech to real estate. Highlighted strong buy recommendations include MicroStrategy, CorMedix, Hewlett Packard Enterprise, Vertex Pharmaceuticals, and several others. Readers are encouraged to engage with the new analysts, share thoughts on their picks, and join the conversation. seekingalpha.com - 1 week ago
CORRECTING and REPLACING CoStar Group Calls for Entries Ahead of Fourth Annual CoStar Impact Awards WASHINGTON--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The updated release reads: COSTAR GROUP CALLS FOR ENTRIES AHEAD OF FOURTH ANNUAL COSTAR IMPACT AWARDS The CoStar Impact Awards Recognize Influential Commercial Real Estate Projects and Transactions Across 129 Markets in the United States, Canada and the United Kingdom CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics. businesswire.com - 1 week ago
CoStar Group Calls for Entries Ahead of Fourth Annual CoStar Impact Awards WASHINGTON--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, is accepting nominations for the fourth annual CoStar Impact Awards. The CoStar Impact Awards identify and highlight exemplary commercial real estate transactions and projects that have had a significant influence in neighborhoods or submarkets across 129 major markets in the United States, United Kingdom and Canada —including the re. businesswire.com - 1 week ago
Wall Street Is Down on These 3 Stocks It's time to take a contrarian angle on the stock market. 247wallst.com - 2 weeks ago
CoStar Group Closes Deal to Acquire Visual Lease, a Leading Lease Administration and Accounting Platform WASHINGTON--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, announced today that it has completed its acquisition of lease administration and accounting platform Visual Lease. The strategic acquisition will enhance CoStar Group's Real Estate Manager business line and provide additional lease management and lease accounting value to corporations of all sizes. Founded in 1996, Visual Lease is. businesswire.com - 2 weeks ago
CoStar Group Strikes Deal to Secure Relocation of Headquarters to Arlington, Virginia WASHINGTON--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today announced an agreement with research and consulting firm Gartner to take back-office space previously leased by Gartner in Arlington, Virginia. Located at 1201 Wilson Boulevard, the building is a 552,000 square foot trophy office tower with LEED Platinum certification. CoStar Group purchased the property earlier this year with. businesswire.com - 2 weeks ago
CoStar Group: Strong Competitive Positioning Makes It Attractive CoStar Group Inc. has a significant moat with extensive intangible assets and a dominant position in commercial real estate information and analytics. Despite initial skepticism, deeper analysis reveals CoStar's consistent net profit growth and strong competitive positioning, making it a solid long-term investment. The company's strategic acquisitions, particularly in the multifamily segment, have significantly boosted net profit, with an average growth rate of 26.3% from 2014 to 2023. seekingalpha.com - 2 weeks ago
CoStar (CSGP) Forms 'Hammer Chart Pattern': Time for Bottom Fishing? CoStar (CSGP) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term. zacks.com - 3 weeks ago
8. Profile Summary

CoStar Group, Inc. CSGP

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COUNTRY US
INDUSTRY Real Estate - Services
MARKET CAP $ 29.2 B
Dividend Yield 0.00%
Description 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. It offers CoStar Property that provides inventory of office, industrial, retail, multifamily, hospitality, and student housing properties and land; CoStar COMPS, 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. The company also provides Lease Comps and Analysis, 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. CoStar Group, Inc. was founded in 1987 and is headquartered in Washington, the District of Columbia.
Contact 1331 L Street, NW, Washington, DC, 20005 https://www.costargroup.com
IPO Date July 1, 1998
Employees 6450
Officers Mr. Frederick G. Saint President of Marketplaces Mr. Matthew R. Blocher Vice President of Marketing & Communications Mr. Richard Simonelli Head of Investor Relations Ms. Lisa C. Ruggles Senior Vice President of Global Operations Mr. Christian M. Lown Chief Financial Officer Mr. Frank A. Simuro Chief Technology Officer Mr. Andrew C. Florance President, Founder, Chief Executive Officer & Director Ms. Cyndi Eakin CAO & Cotroller Mr. Jason Butler Chief Information Officer Mr. Gene Boxer General Counsel & Corporate Secretary