CoreCivic, Inc. (NYSE:CXW) CEO Sells $661,811.84 in Stock

CoreCivic, Inc. (NYSE:CXWGet Rating) CEO Damon T. Hininger sold 57,952 shares of the company’s stock in a transaction that occurred on Tuesday, November 15th. The shares were sold at an average price of $11.42, for a total transaction of $661,811.84. Following the transaction, the chief executive officer now owns 652,334 shares in the company, valued at approximately $7,449,654.28. The sale was disclosed in a filing with the SEC, which is available at this link.

CoreCivic Price Performance

Shares of NYSE:CXW opened at $12.14 on Friday. CoreCivic, Inc. has a twelve month low of $8.39 and a twelve month high of $14.24. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.79. The company has a market cap of $1.40 billion, a PE ratio of 11.45 and a beta of 0.89. The company’s 50 day moving average is $10.03 and its 200 day moving average is $10.68.

Analyst Ratings Changes

Separately, lowered shares of CoreCivic from a “buy” rating to a “hold” rating in a report on Thursday, November 3rd.

Institutional Trading of CoreCivic

Several large investors have recently made changes to their positions in the business. Byrne Asset Management LLC acquired a new position in CoreCivic during the third quarter valued at $27,000. Quantbot Technologies LP purchased a new position in shares of CoreCivic during the 1st quarter valued at about $36,000. UBS Group AG lifted its holdings in shares of CoreCivic by 110.6% in the 2nd quarter. UBS Group AG now owns 5,387 shares of the real estate investment trust’s stock valued at $60,000 after buying an additional 2,829 shares during the period. Captrust Financial Advisors purchased a new stake in shares of CoreCivic in the second quarter worth about $74,000. Finally, Optimum Investment Advisors grew its holdings in CoreCivic by 75.0% during the second quarter. Optimum Investment Advisors now owns 7,000 shares of the real estate investment trust’s stock worth $78,000 after acquiring an additional 3,000 shares during the period. 86.46% of the stock is owned by hedge funds and other institutional investors.

About CoreCivic

(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)

Receive News & Ratings for CoreCivic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CoreCivic and related companies with's FREE daily email newsletter.