David Garfinkle Sells 7,500 Shares of CoreCivic, Inc. (NYSE:CXW) Stock

CoreCivic, Inc. (NYSE:CXWGet Rating) CFO David Garfinkle sold 7,500 shares of the business’s stock in a transaction on Tuesday, January 17th. The shares were sold at an average price of $11.43, for a total value of $85,725.00. Following the completion of the sale, the chief financial officer now owns 324,187 shares in the company, valued at $3,705,457.41. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

David Garfinkle also recently made the following trade(s):

  • On Thursday, December 15th, David Garfinkle sold 7,500 shares of CoreCivic stock. The shares were sold at an average price of $11.61, for a total value of $87,075.00.
  • On Tuesday, November 15th, David Garfinkle sold 7,500 shares of CoreCivic stock. The shares were sold at an average price of $11.29, for a total value of $84,675.00.

CoreCivic Stock Performance

NYSE:CXW opened at $11.00 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.12 and a current ratio of 1.12. CoreCivic, Inc. has a 52-week low of $8.39 and a 52-week high of $14.24. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 10.38 and a beta of 0.99. The business’s fifty day moving average is $11.82 and its 200 day moving average is $10.68.

Institutional Trading of CoreCivic

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Byrne Asset Management LLC bought a new stake in shares of CoreCivic during the 3rd quarter valued at $27,000. Quantbot Technologies LP bought a new stake in shares of CoreCivic during the 1st quarter valued at $36,000. Optimum Investment Advisors bought a new stake in shares of CoreCivic during the 4th quarter valued at $46,000. UBS Group AG raised its stake in shares of CoreCivic by 110.6% during the 2nd quarter. UBS Group AG now owns 5,387 shares of the real estate investment trust’s stock valued at $60,000 after purchasing an additional 2,829 shares during the period. Finally, Captrust Financial Advisors bought a new stake in shares of CoreCivic during the 2nd quarter valued at $74,000. 80.87% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered CoreCivic from a “buy” rating to a “hold” rating in a research note on Friday, January 6th.

CoreCivic Company Profile

(Get Rating)

CoreCivic, Inc owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America's recidivism crisis, and government real estate solutions.

Further Reading

Insider Buying and Selling by Quarter for CoreCivic (NYSE:CXW)

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