Director Jenny Christopher sold 8,444 CBRE shares at $135.53 on 2024-11-12 for $1.1M; 42.8K shares remain.
Jenny Christopher, a director of CBRE Group, sold 8,444 shares at $135.53 on 2024-11-12, reducing her stake from 51,244 to 42,800 shares (-16.5% reduction). The transaction occurred near the 52-week high of $136.08, with CBRE trading at $132.00 currently and up 7.5% over 30 days and 18.1% over 90 days. Her cross-ticker sell track record shows only 1 prior sale with a +9.4% 30-day average return, while her single prior CBRE sale (2024-08-20) also posted a +9.4% 30-day outcome. The company carries a P/E of 42.17 on revenue of $9.0B and net income of $225.0M with 3.6% annual revenue growth. The sale size and timing near recent highs are notable given the stock's strong recent momentum, though her limited transaction history makes pattern analysis marginal.
Director Jenny Christopher sold 10,847 shares of CBRE at $112.00; holdings reduced to 51,244 shares.
Jenny Christopher T, a director of CBRE GROUP, INC., sold 10,847 shares at $112.00 on 2024-08-20, reducing her holdings from 62,091 shares to 51,244 shares. This represents a reduction of -17.5% in her position. The sale occurred near the 52-week high of $112.71, with the stock up 13.6% over the prior 30 days and 28.0% over 90 days. CBRE trades at a P/E of 37.29 with market cap of $34.4B, while recent quarterly revenue reached $8.4B and net income $130.0M. The transaction timing coincided with strong upward price momentum and elevated valuation multiples, warranting monitoring of whether additional insider activity materializes.
