Tuesday, February 13, 2018 10:15 PM ET
Insider Sale at CBRE Group (CBG) Continues Selling Trend
A notable insider sale of the shares of CBRE Group was indicated in a form 4 document filed with the SEC today, showing — Robert E Sulentic, Director and Officer — disposed of 40,000 shares in the company having a market value of approximately $1,702,400. There have been 3 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 4,063,457 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 4,103,457 shares and have averaged 1,025,864 shares per transaction over this time period.
Compared to its peers over the last 90 days, insider buy/sell trading at CBRE Group is higher than the 21-company peer group average. Real Estate Services peer group saw 31 buy/sell trades during this period for an average of 1.5 transactions per company. The number of shares per buy/sell trade for CBRE Group insiders was also higher. Within the peer group there were 462,269 shares purchased and 6,236,505 shares sold with company insiders disposing of 186,266 shares on average.
The data sourced in evaluating 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.
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