Colliers International Group Inc (TSE:CIG) Director Sells C$3,519,119.90 in Stock

Colliers International Group Inc (TSE:CIG) (NASDAQ:CIGI) Director Robert Hemming sold 17,570 shares of the business’s stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of C$200.29, for a total transaction of C$3,519,119.90.

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

• On Thursday, September 12th, Robert Hemming sold 12,500 shares of Colliers International Group stock. The shares were sold at an average price of C$194.07, for a total value of C$2,425,875.00.
• On Monday, September 9th, Robert Hemming sold 11,300 shares of Colliers International Group stock. The stock was 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 stock was sold at an average price of C$195.09, for a total value of C$1,191,196.95.

Colliers International Group Stock Performance

Colliers International Group Inc has a twelve month low of C$1.89 and a twelve month high of C$47.85.

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

Analysts Set New Price Targets

Separately, Raymond James downgraded 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.