Insider Selling: Colliers International Group Inc (CIG) Senior Officer Sells 5,000 Shares of Stock

Colliers International Group Inc (TSE:CIG) (NASDAQ:CIGI) Senior Officer Christian Mayer sold 5,000 shares of the stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of C$83.00, for a total transaction of C$415,000.00. Following the completion of the transaction, the insider now owns 109,351 shares in the company, valued at C$9,076,133.

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 announced its quarterly earnings data on Friday, April 26th. The company reported C$0.05 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.36 by C($0.31). The company had revenue of C$844.44 million for the quarter, compared to analyst estimates of C$831.97 million.

The firm also recently disclosed a Semi-Annual dividend, which will be paid on Tuesday, July 9th. Investors of record on Friday, June 28th will be issued a $0.067 dividend. This is a positive change from Colliers International Group’s previous Semi-Annual dividend of $0.06. The ex-dividend date is Thursday, June 27th.

Separately, William Blair restated an “outperform” rating on shares of Colliers International Group in a report on Wednesday, February 13th.

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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.

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