Stock Analysis

This Insider Has Just Sold Shares In CBRE Group

Published
NYSE:CBRE

Some CBRE Group, Inc. (NYSE:CBRE) shareholders may be a little concerned to see that the Independent Director, Christopher Jenny, recently sold a substantial US$1.2m worth of stock at a price of US$112 per share. That's a big disposal, and it decreased their holding size by 18%, which is notable but not too bad.

See our latest analysis for CBRE Group

The Last 12 Months Of Insider Transactions At CBRE Group

In the last twelve months, the biggest single sale by an insider was when the insider, John Durburg, sold US$2.3m worth of shares at a price of US$93.40 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of US$115. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. It is worth noting that this sale was only 9.7% of John Durburg's holding.

Insiders in CBRE Group didn't buy any shares in the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

NYSE:CBRE Insider Trading Volume August 29th 2024

I will like CBRE Group better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Does CBRE Group Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. CBRE Group insiders own about US$262m worth of shares (which is 0.8% of the company). 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 Does This Data Suggest About CBRE Group Insiders?

Insiders sold CBRE Group shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. But since CBRE Group is profitable and growing, we're not too worried by this. 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. To that end, you should learn about the 2 warning signs we've spotted with CBRE Group (including 1 which makes us a bit uncomfortable).

But note: CBRE Group may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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.