CBRE - Chandra Dhandapani Executes Sell Order: Offloads $1.12M In CBRE Group Stock | Benzinga
Making a noteworthy insider sell on February 21, Chandra Dhandapani, CEO at CBRE Group (NYSE:CBRE), is reported in the latest SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday outlined that Dhandapani executed a sale of 11,925 shares of CBRE Group with a total value of $1,121,276.
Tracking the Wednesday's morning session, CBRE Group shares are trading at $90.97, showing a down of 0.0%.
Get to Know CBRE Group Better
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.
Breaking Down CBRE Group's Financial Performance
Revenue Growth: CBRE Group's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 13.75%. This signifies 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.
Analyzing Profitability Metrics:
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