Civitas Solutions, Inc. (NYSE:CIVI) insider Gerald J. Jr. Morrissey sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, September 22nd. The stock was sold at an average price of $18.95, for a total value of $18,950.00. Following the completion of the sale, the insider now owns 49,165 shares in the company, valued at approximately $931,676.75. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Civitas Solutions, Inc. (CIVI) traded down 0.53% during trading on Friday, reaching $18.80. The company had a trading volume of 3,098 shares. The stock has a market capitalization of $702.41 million, a P/E ratio of 36.15 and a beta of 0.41. The stock has a 50 day moving average of $18.66 and a 200-day moving average of $17.80. Civitas Solutions, Inc. has a 12-month low of $15.40 and a 12-month high of $20.98.

Civitas Solutions (NYSE:CIVI) last posted its quarterly earnings data on Wednesday, August 9th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.01. Civitas Solutions had a net margin of 1.35% and a return on equity of 17.01%. The company had revenue of $377.80 million during the quarter, compared to analyst estimates of $376.51 million. During the same period in the prior year, the firm earned $0.13 earnings per share. The business’s quarterly revenue was up 5.4% on a year-over-year basis. On average, analysts forecast that Civitas Solutions, Inc. will post $0.69 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: This piece of content was originally published by Watch List News and is owned by of Watch List News. If you are viewing this piece of content on another publication, it was copied illegally and reposted in violation of US and international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.watchlistnews.com/gerald-j-jr-morrissey-sells-1000-shares-of-civitas-solutions-inc-civi-stock/1612725.html.

Several analysts recently weighed in on the company. BidaskClub upgraded Civitas Solutions from a “sell” rating to a “hold” rating in a research note on Monday, August 14th. Zacks Investment Research downgraded Civitas Solutions from a “hold” rating to a “sell” rating in a research note on Friday, August 11th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $24.67.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Victory Capital Management Inc. purchased a new stake in shares of Civitas Solutions in the first quarter worth approximately $109,000. Bank of Montreal Can lifted its position in shares of Civitas Solutions by 614.8% in the second quarter. Bank of Montreal Can now owns 6,648 shares of the company’s stock worth $116,000 after purchasing an additional 5,718 shares in the last quarter. American International Group Inc. lifted its position in shares of Civitas Solutions by 7.1% in the first quarter. American International Group Inc. now owns 9,298 shares of the company’s stock worth $171,000 after purchasing an additional 617 shares in the last quarter. Martingale Asset Management L P purchased a new stake in shares of Civitas Solutions in the second quarter worth approximately $186,000. Finally, Parametric Portfolio Associates LLC purchased a new stake in shares of Civitas Solutions in the second quarter worth approximately $211,000. 93.97% of the stock is owned by institutional investors and hedge funds.

About Civitas Solutions

Civitas Solutions, Inc is a provider of home- and community-based health and human services to individuals with intellectual, developmental, physical or behavioral disabilities and other special needs. The Company operates through two segments: Human Services and Post-Acute Specialty Rehabilitation Services (SRS).

Insider Buying and Selling by Quarter for Civitas Solutions (NYSE:CIVI)

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