Colliers International Group Inc (TSE:CIG) Director Robert Hemming Sells 12,500 Shares

Colliers International Group Inc (TSE:CIG) (NASDAQ:CIGI) Director Robert Hemming sold 12,500 shares of the stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of C$194.07, for a total transaction 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 transaction of C$2,192,594.37.
• On Tuesday, September 3rd, Robert Hemming sold 4,600 shares of Colliers International Group stock. The stock was 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 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 12-month low of C$1.89 and a 12-month 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 EPS for the quarter, missing the consensus estimate of C$1.73 by C($0.03). The firm had revenue of C$1.56 billion for the quarter, compared to analysts’ expectations of C$1.52 billion.

Analysts Set New Price Targets

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

Colliers International Group Company Profile

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.