On December 2, 2024, Daniel Queenan, CEO of Real Estate Investments at CBRE Group Inc (CBRE, Financial), sold 10,000 shares of the company. Following this transaction, the insider now owns 207,094 shares of CBRE Group Inc. The details of this transaction can be found in the SEC Filing.
CBRE Group Inc is a global leader in commercial real estate services and investments. The company offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.
Over the past year, Daniel Queenan has sold a total of 30,000 shares and has not purchased any shares. The insider transaction history for CBRE Group Inc shows that there have been 1 insider buy and 14 insider sells over the same timeframe.
On the day of the recent sale, shares of CBRE Group Inc were trading at $140.12, giving the stock a market cap of $42,153.977 million. The company's price-earnings ratio is 44.29, which is higher than the industry median of 15.12 and also higher than the company’s historical median price-earnings ratio.
With a price of $140.12 and a GuruFocus Value of $100.56, CBRE Group Inc has a price-to-GF-Value ratio of 1.39, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
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.
