Insider at CBRE Group (CBG) Makes Significant Sale of Stock

Tuesday, November 21, 2017 10:15 PM ET

Insider at CBRE Group (CBG) Makes Significant Sale of Stock

One insider — ValueAct Holdings Lp, Director — today, disposed of 882,206 shares of CBRE Group having a market value of approximately $37,795,454, as indicated in a form 4 document filed with the SEC. There have been 5 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 5,588,792 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 6,470,998 shares and have averaged 1,078,500 shares per transaction over this time period.

The number of insider buy/sell trades at CBRE Group is above the 20 peer company average over the last 90-day period. The Real Estate Services peer group saw 38 buy/sell trades during this period for an average of 1.9 transactions per company. The number of shares per buy/sell trade for CBRE Group insiders was also higher. Within the peer group there were 115,683 shares purchased and 6,757,965 shares sold with company insiders selling 174,797 shares on average.

The data obtained in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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