A substantial insider sell was reported on February 21, by John E Durburg, CEO at CBRE Group (NYSE:CBRE), based on the recent SEC filing.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, Durburg sold 25,000 shares of CBRE Group. The total transaction value is $2,335,110.
The latest market snapshot at Wednesday morning reveals CBRE Group shares down by 0.0%, trading at $90.97.
All You Need to Know About CBRE Group
CBRE Group provides a wide range of real estate services to owners, occupants, and investors worldwide, including leasing, property and project management, and capital markets advisory. Additionally, CBRE's investment management arm manages over $140 billion for clients across diverse public and private real estate strategies.
Financial Insights: CBRE Group
Revenue Growth: CBRE Group's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 13.75%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Real Estate sector.
Key Insights into ...