CBRE Group Inc’s recent filing unveils that its CEO, Real Estate Investments Queenan Daniel G unloaded Company’s shares for reported $1.15 million on Sep 03 ’24. In the deal valued at $114.67 per share,10,000 shares were sold. As a result of this transaction, Queenan Daniel G now holds 217,094 shares worth roughly $26.82 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Queenan Daniel G bought 10,000 shares, generating $1,146,700 in total proceeds.
Before that, MUNOZ OSCAR bought 2,100 shares. CBRE Group Inc shares valued at $242,109 were divested by the Director at a price of $115.29 per share. As a result of the transaction, MUNOZ OSCAR now holds 13,470 shares, worth roughly $1.66 million.
Evercore ISI upgraded its CBRE Group Inc [CBRE] rating to an Outperform from a an In-line in a research note published on July 26, 2024; the price target was increased to $123 from $100. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in late July with a ‘”an Equal-weight”‘ rating. Jefferies began covering CBRE with “Hold” recommendation on April 10, 2024. Evercore ISI revised its rating on January 03, 2024. It rated CBRE as “an In-line” which previously was an “an Outperform”.
Price Performance Review of CBRE
On Monday, CBRE Group Inc [NYSE:CBRE] saw its stock fall -1.72% to $123.52. Over the last five days, the stock has gained 1.17%. CBRE Group Inc shares have risen nearly 32.69% since the year began. Nevertheless, the stocks have risen 80.80% over the past one year. While a 52-week high of $125.98 was reached on 10/21/24, a 52-week low of $64.63 was recorded on 02/05/24. SMA at 50 days reached $118.33, while 200 days put it at $98.07.
Levels Of Support And Resistance For CBRE Stock
The 24-hour chart illustrates a support level at 122.60, which if violated will result in even more drops to 121.67. On the upside, there is a resistance level at 125.22. A further resistance level may holdings at 126.93. The Relative Strength Index (RSI) on the 14-day chart is 57.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.26, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 32.00%. Stochastics %K at 84.68% indicates the stock is a selling.
How much short interest is there in CBRE Group Inc?
A steep rise in short interest was recorded in CBRE Group Inc stocks on 2024-09-30, growing by 0.36 million shares to a total of 4.99 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 4.63 million shares. There was a rise of 7.23%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 27, 2023 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $100 price target.
