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Have Insiders Sold CBRE Group Shares Recently?

Simply Wall St ·  Feb 23 19:02

We wouldn't blame CBRE Group, Inc. (NYSE:CBRE) shareholders if they were a little worried about the fact that John Durburg, the Chief Executive Officer of Advisory Services recently netted about US$2.3m selling shares at an average price of US$93.40. However, that sale only accounted for 9.7% of their holding, so arguably it doesn't say much about their conviction.

The Last 12 Months Of Insider Transactions At CBRE Group

Notably, that recent sale by John Durburg is the biggest insider sale of CBRE Group shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of US$91.53. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

CBRE Group insiders didn't buy any shares over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
NYSE:CBRE Insider Trading Volume February 23rd 2024

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Does CBRE Group Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. CBRE Group insiders own 0.7% of the company, currently worth about US$196m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Do The CBRE Group Insider Transactions Indicate?

Insiders haven't bought CBRE Group stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. It is good to see high insider ownership, but the insider selling leaves us cautious. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. In terms of investment risks, we've identified 2 warning signs with CBRE Group and understanding them should be part of your investment process.

Of course CBRE Group may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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