MAXIMUS, Inc. (NYSE:MMS) insider Mark Andrekovich sold 2,700 shares of the stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $72.00, for a total value of $194,400.00. Following the completion of the sale, the insider now directly owns 20,296 shares of the company’s stock, valued at $1,461,312. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Mark Andrekovich also recently made the following trade(s):

  • On Tuesday, December 5th, Mark Andrekovich sold 5,000 shares of MAXIMUS stock. The shares were sold at an average price of $68.80, for a total value of $344,000.00.
  • On Wednesday, November 22nd, Mark Andrekovich sold 5,594 shares of MAXIMUS stock. The shares were sold at an average price of $67.23, for a total value of $376,084.62.

MAXIMUS, Inc. (NYSE MMS) opened at $71.65 on Wednesday. MAXIMUS, Inc. has a 12 month low of $51.74 and a 12 month high of $72.29. The stock has a market capitalization of $4,659.87, a price-to-earnings ratio of 23.00, a price-to-earnings-growth ratio of 2.69 and a beta of 1.35.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th were paid a dividend of $0.045 per share. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $0.18 annualized dividend and a yield of 0.25%. MAXIMUS’s dividend payout ratio is currently 5.66%.

A number of institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in MAXIMUS by 2.4% during the second quarter. Vanguard Group Inc. now owns 5,669,026 shares of the health services provider’s stock worth $355,052,000 after acquiring an additional 130,839 shares in the last quarter. FMR LLC increased its stake in shares of MAXIMUS by 10.4% in the second quarter. FMR LLC now owns 4,658,584 shares of the health services provider’s stock valued at $291,767,000 after buying an additional 438,025 shares in the last quarter. Victory Capital Management Inc. increased its stake in shares of MAXIMUS by 13.3% in the third quarter. Victory Capital Management Inc. now owns 3,514,228 shares of the health services provider’s stock valued at $226,667,000 after buying an additional 413,325 shares in the last quarter. Janus Henderson Group PLC increased its stake in shares of MAXIMUS by 718.8% in the second quarter. Janus Henderson Group PLC now owns 2,211,638 shares of the health services provider’s stock valued at $138,515,000 after buying an additional 1,941,521 shares in the last quarter. Finally, State Street Corp increased its stake in shares of MAXIMUS by 3.5% in the second quarter. State Street Corp now owns 2,138,049 shares of the health services provider’s stock valued at $133,906,000 after buying an additional 71,823 shares in the last quarter. Hedge funds and other institutional investors own 94.79% of the company’s stock.

Several equities research analysts have recently weighed in on the company. Zacks Investment Research raised MAXIMUS from a “hold” rating to a “buy” rating and set a $73.00 price objective for the company in a research report on Wednesday, October 4th. Robert W. Baird started coverage on MAXIMUS in a research note on Sunday, September 3rd. They issued a “neutral” rating for the company. Finally, Canaccord Genuity cut their target price on MAXIMUS from $62.00 to $61.00 and set a “hold” rating for the company in a research note on Friday, November 10th. Two research analysts have rated the stock with a sell rating and six have given a hold rating to the company. MAXIMUS currently has a consensus rating of “Hold” and an average target price of $64.33.

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MAXIMUS Company Profile

MAXIMUS, Inc provides business process services (BPS) to government health and human services agencies. The Company operates through three segments: U.S. Federal Services, Health Services and Human Services. The U.S. Federal Services segment provides BPS and program management for large government programs, independent health review and appeals services for both the United States Federal Government, and state-based programs and technology solutions for civilian federal programs.

Insider Buying and Selling by Quarter for MAXIMUS (NYSE:MMS)

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