On November 13, 2024, Vikramaditya Kohli, Chief Operating Officer of CBRE Group Inc (CBRE, Financial), sold 1,049 shares of the company. The transaction was executed at a price of $135.39 per share, resulting in a total amount of $141,974.11. Following this transaction, the insider now owns 68,177 shares of CBRE Group Inc, as detailed in the SEC Filing.
CBRE Group Inc operates globally as a commercial real estate services and investment firm. The company offers a broad range of services, including facilities management, property management, transaction and project management; property leasing; investment management; appraisal and valuation; property sales; mortgage services and development services.
Over the past year, Vikramaditya Kohli has sold a total of 2,123 shares of CBRE Group Inc and has not made any purchases of the stock. This recent sale is part of a broader trend within the company, where there have been 12 insider sells and only 1 insider buy over the last year.
Shares of CBRE Group Inc were trading at $135.39 on the day of the transaction, giving the company a market cap of approximately $40.39 billion. The price-earnings ratio of the stock stands at 42.44, significantly higher than the industry median of 14.31 and above the company's historical median.
According to the GF Value, an intrinsic value estimate used by GuruFocus, CBRE Group Inc is currently significantly overvalued. The GF Value of $99.72 suggests a price-to-GF-Value ratio of 1.36, indicating that the stock's current price is higher than its estimated fair value.
This insider sale might prompt investors to watch the stock closely, especially considering the company's valuation metrics and the overall trend of insider transactions.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
