Insider Selling: Colliers International Group Inc (TSE:CIG) Director Sells C$2,192,594.37 in Stock

Colliers International Group Inc (TSE:CIG) (NASDAQ:CIGI) Director Robert Hemming sold 11,300 shares of Colliers International Group stock in a transaction on Monday, September 9th. The stock was sold at an average price of C$194.03, for a total value of C$2,192,594.37.

Robert Hemming also recently made the following trade(s):

• On Tuesday, September 3rd, Robert Hemming sold 4,600 shares of Colliers International Group stock. The shares were sold at an average price of C$195.02, for a total transaction of C$897,070.84.
• On Wednesday, August 28th, Robert Hemming sold 6,106 shares of Colliers International Group stock. The stock was sold at an average price of C$195.09, for a total transaction of C$1,191,196.95.

Colliers International Group Price Performance

Colliers International Group Inc has a 1 year low of C$1.89 and a 1 year high of C$47.85.

Colliers International Group (TSE:CIG) (NASDAQ:CIGI) last posted its quarterly earnings data on Thursday, August 1st. The company reported C$1.70 EPS for the quarter, missing analysts’ consensus estimates of C$1.73 by C($0.03). The company had revenue of C$1.56 billion during the quarter, compared to analyst estimates of C$1.52 billion.

Wall Street Analysts Forecast Growth

Separately, Raymond James cut shares of Colliers International Group from a “strong-buy” rating to a “moderate buy” rating in a research note on Thursday, August 1st.

About Colliers International Group

Colliers International Group Inc is engaged in the provision of commercial real estate services. The Company offers services, including outsourcing and advisory services, lease brokerage and sales brokerage. Its segments include Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and Corporate.