Insider Selling in CBRE Group (CBG) Shares Continues

Monday, November 27, 2017 10:15 PM ET

Insider Selling in CBRE Group (CBG) Shares Continues

There was a notable sale of shares of CBRE Group by an insider today, as revealed in a form 4 document filed with the SEC. One insider — ValueAct Holdings Lp, Director — sold 846,000 shares in the company having a market value of approximately $36,038,820. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 6,443,223 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 7,289,223 shares and have averaged 1,457,845 shares per transaction over this time period.

The number of insider buy/sell trades at CBRE Group is greater than the 20 peer company average over the last 90-day period. The Real Estate Services peer group saw 42 buy/sell trades during this period for an average of 2.1 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 8,771,070 shares sold with company insiders disposing of 206,081 shares on average.

The data sourced in creating 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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