Cbre Group, Inc. (CBG) Files Form 4 Insider Selling : James R Groch Sells 10,000 Shares

Cbre Group, Inc. (CBG): James R Groch , Chief Financial Officer of Cbre Group, Inc. sold 10,000 shares on Jun 10, 2016. The Insider selling transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were sold at $30.20 per share for a total value of $302,000.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 27, 2016, James R Groch (Chief Financial Officer) sold 10,000 shares at $30.00 per share price.On May 12, 2016, Michael Kantor (director) sold 10,980 shares at $29.17 per share price.Also, On May 2, 2016, Michael J Lafitte (Chief Operating Officer) sold 15,000 shares at $31.04 per share price.On Mar 17, 2016, Frederic V Malek (director) sold 5,924 shares at $27.00 per share price.

Shares of CBRE Group Inc (CBG) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.95 points or -3.09% at $29.8 with 19,50,290 shares getting traded. Post opening the session at $30.26, the shares hit an intraday low of $29.74 and an intraday high of $30.3 and the price vacillated in this range throughout the day. The company has a market cap of $9,996 M and the number of outstanding shares has been calculated to be 33,54,35,930 shares. The 52-week high of CBRE Group Inc is $38.76 and the 52-week low is $22.735.

CBRE Group Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.CBRE Group Inc is Initiated by Keefe Bruyette to Mkt Perform and the brokerage firm has set the Price Target at $32. The Rating was issued on May 16, 2016.

CBRE Group Inc. is a holding company that conducts all of its operations through its indirect subsidiaries. The Company is a commercial real estate services and investment firm. The Company operates through the segments: Americas; Europe Middle East and Africa; Asia Pacific; Global Investment Management and Development Services. It offers services to occupiers owners lenders and investors in office retail industrial multifamily and other types of commercial real estate. Its business is focused on competencies including commercial property and corporate facilities management tenant/occupier and property/agency leasing capital markets solutions (property sales commercial mortgage origination and servicing and debt/structured finance) real estate investment management valuation development services and research. It generates revenues from management fees on a contractual and per-project basis and from commissions on transactions. It also offers Global Workplace Solutions.

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