Insider Selling: Colliers International Group Inc (TSE:CIG) Director Sells C$2,425,875.00 in Stock

Colliers International Group Inc (TSE:CIG) (NASDAQ:CIGI) Director Robert Hemming sold 12,500 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of C$194.07, for a total value of C$2,425,875.00.

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

• On Monday, September 9th, Robert Hemming sold 11,300 shares of Colliers International Group stock. The shares were sold at an average price of C$194.03, for a total value of C$2,192,594.37.
• 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 value of C$897,070.84.
• On Wednesday, August 28th, Robert Hemming sold 6,106 shares of Colliers International Group stock. The shares were sold at an average price of C$195.09, for a total value of C$1,191,196.95.

Colliers International Group Price Performance

Colliers International Group Inc has a fifty-two week low of C$1.89 and a fifty-two week high of C$47.85.

Colliers International Group (TSE:CIG) (NASDAQ:CIGI) last released its quarterly earnings results on Thursday, August 1st. The company reported C$1.70 earnings per share for the quarter, missing the consensus estimate 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.

Analysts Set New Price Targets

Separately, Raymond James cut Colliers International Group from a “strong-buy” rating to a “moderate buy” rating in a report 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.