The Vice-President Corporate Development of Colliers International Group is Exercising Options

Yesterday it was reported that the Vice-President Corporate Development of Colliers International Group (CIGIResearch Report), Zachary Michaud, exercised options to sell 15,000 CIGI shares for a total transaction value of $1.66M.

In addition to Zachary Michaud, 4 other CIGI executives reported Sell trades in the last month.

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The company has a one-year high of $92.07 and a one-year low of $33.93. Currently, Colliers International Group has an average volume of 49.36K. CIGI’s market cap is $3.48 billion and the company has a P/E ratio of 53.80.

Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $88.75, reflecting a -3.2% downside.

The insider sentiment on Colliers International Group has been negative according to 42 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Colliers International Group, Inc. engages in the provision of commercial real estate services to corporate and institutional clients. The firm primarily offers outsourcing and advisory services, lease brokerage, and sales brokerage. It operates through the following geographical segments: Americas, EMEA, Asia Pacific, and Corporate. The Corporate segment includes the costs of global administrative functions and corporate head office. The company was founded on July 31, 1988 and is headquartered in Toronto, Canada.