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CBRE Group Inc [CBRE] Officer makes an insider purchase of 10,000 shares worth 1.42 million.

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. CBRE Group Inc shares valued at $1,415,000 were purchased by Queenan Daniel G on Mar 03 ’25. At $141.50 per share, Queenan Daniel G acquired 10,000 shares.

Also, Queenan Daniel G sold 10,000 shares, netting a total of over 1,401,200 in proceeds. Following the sale of shares at $140.12 each, the insider now holds 207,094 shares.

Before that, Queenan Daniel G had added 10,000 shares to its account. In a trade valued at $1,401,200, the Officer bought CBRE Group Inc shares for $140.12 each.

As published in a research note from Raymond James on January 24, 2025, CBRE Group Inc [CBRE] has been rated down from a Strong buy to an Outperform and the price target has been revised to $152 from $155. Analysts at Morgan Stanley upgraded the stock from ‘”an Equal-weight”‘ to ‘”an Overweight”‘ outlook in a report released in mid January. As of January 02, 2025, Jefferies has increased its “Hold” rating to a “Buy” for CBRE. Earlier on December 16, 2024, JP Morgan upgraded its rating. Their new recommendation was “an Overweight” for CBRE stock which previously was a “a Neutral”.

Analyzing CBRE Stock Performance

During the last five days, there has been a drop of approximately -4.38%. Over the course of the year, CBRE Group Inc shares have jumped approximately 1.81%. Shares of the company reached a 52-week high of $147.75 on 02/06/25 and a 52-week low of $120.26 on 01/10/25. A 50-day SMA is recorded $137.53, while a 200-day SMA reached $119.36.

Support And Resistance Levels for CBRE Group Inc (CBRE)

According to the 24-hour chart, there is a support level at 131.05, which, if violated, would cause prices to drop to 128.44. In the upper region, resistance lies at 138.47. The next price resistance is at 143.28. RSI (Relative Strength Index) is 39.53 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.76, which suggests the price will decrease in the coming days. Percent R is at 96.68%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.

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