On November 12, 2024, Director Christopher Jenny sold 8,444 shares of CBRE Group Inc (CBRE, Financial) as reported in a recent SEC Filing. Following this transaction, the insider now owns 42,800 shares of the company. The shares were sold at a price of $135.53, valuing the transaction at approximately $1,144,275.32.
CBRE Group Inc operates in the global commercial real estate services and investment market, providing a broad range of services including facilities management, transaction and project management, property leasing, commercial mortgage brokerage, appraisal, development, and consulting services.
Over the past year, Christopher Jenny has sold a total of 19,291 shares of the company and has not made any purchases. This recent transaction follows a pattern observed in the insider transaction history for CBRE Group Inc, which shows a predominance of insider selling activities with 12 insider sells and only 1 insider buy over the past year.
The stock of CBRE Group Inc, with a market cap of approximately $40.39 billion, is currently trading at a price-earnings ratio of 42.44. This ratio is significantly higher than both the industry median of 14.31 and the company's historical median, indicating a premium valuation compared to its peers.
According to the GF Value, the intrinsic value of CBRE Group Inc's stock is estimated at $99.72 per share, which suggests that the stock is Significantly Overvalued with a price-to-GF-Value ratio of 1.36.
This valuation assessment is based on historical trading multiples like the price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes as estimated by analysts.
The recent insider selling activity could be a point of interest for current and potential investors, providing insights into how insiders view the stock's current valuation and future prospects.
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.
