Monday, March 05, 2018 10:15 PM ET
Insider Selling at CBRE Group (CBG) Continues with Significant Sale
An insider — Brandon Boze, Director — disposed of 5,000,000 shares of CBRE Group having a market value of approximately $228,900,000 today, as revealed 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 147,788 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 5,147,788 shares and have averaged 857,965 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 15 buy/sell trades during this period for an average of 0.7 transactions per company. The number of shares per buy/sell trade for CBRE Group insiders was also higher. Within the peer group there were 355,269 shares purchased and 212,489 shares sold with company insiders having bought 10,983 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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