CBIZ, Inc. (NYSE:CBZ) Director Steven L. Gerard sold 9,899 shares of the company’s stock in a transaction on Friday, December 8th. The stock was sold at an average price of $15.00, for a total transaction of $148,485.00. Following the completion of the sale, the director now owns 333,382 shares of the company’s stock, valued at approximately $5,000,730. The transaction was disclosed in a filing with the SEC, which is available through this link.

CBIZ, Inc. (NYSE:CBZ) remained flat at $$14.90 on Wednesday. 268,600 shares of the stock were exchanged, compared to its average volume of 180,672. The company has a market cap of $817.28, a P/E ratio of 18.17 and a beta of 0.79. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.39. CBIZ, Inc. has a 52 week low of $12.70 and a 52 week high of $17.25.

CBIZ (NYSE:CBZ) last posted its quarterly earnings results on Thursday, November 2nd. The business services provider reported $0.18 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by ($0.04). The company had revenue of $207.70 million for the quarter, compared to the consensus estimate of $212.66 million. CBIZ had a net margin of 5.34% and a return on equity of 8.94%. CBIZ’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS. analysts anticipate that CBIZ, Inc. will post 0.84 EPS for the current fiscal year.

Several analysts have recently issued reports on CBZ shares. Zacks Investment Research lowered shares of CBIZ from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. ValuEngine upgraded shares of CBIZ from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Finally, BidaskClub upgraded shares of CBIZ from a “sell” rating to a “hold” rating in a research report on Tuesday, August 15th.

A number of institutional investors and hedge funds have recently bought and sold shares of CBZ. BNP Paribas Arbitrage SA grew its position in CBIZ by 147.0% during the second quarter. BNP Paribas Arbitrage SA now owns 9,637 shares of the business services provider’s stock valued at $145,000 after buying an additional 5,735 shares during the period. Ameriprise Financial Inc. grew its position in CBIZ by 0.9% during the second quarter. Ameriprise Financial Inc. now owns 13,840 shares of the business services provider’s stock valued at $208,000 after buying an additional 130 shares during the period. SG Americas Securities LLC bought a new position in CBIZ during the third quarter valued at about $228,000. GSA Capital Partners LLP purchased a new stake in CBIZ during the second quarter valued at about $272,000. Finally, Legal & General Group Plc lifted its holdings in CBIZ by 49.6% during the second quarter. Legal & General Group Plc now owns 18,360 shares of the business services provider’s stock valued at $276,000 after purchasing an additional 6,091 shares during the last quarter. Institutional investors own 84.15% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This report was reported by Watch List News and is owned by of Watch List News. If you are viewing this report on another site, it was copied illegally and republished in violation of United States and international copyright legislation. The legal version of this report can be viewed at https://www.watchlistnews.com/cbiz-inc-cbz-director-steven-l-gerard-sells-9899-shares-of-stock/1761321.html.

About CBIZ

CBIZ, Inc (CBIZ) is engaged in the professional services business. The Company operates its professional services business through acquiring and integrating accounting and financial service providers, group health benefits consulting firms, property and casualty brokerage firms, payroll service providers, and valuation and other service firms throughout the United States.

Insider Buying and Selling by Quarter for CBIZ (NYSE:CBZ)

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