CIBER Director Bobby G. Stevenson Acquires 100,000 Shares (CBR)
CIBER (NYSE:CBR) Director Bobby G. Stevenson purchased 100,000 shares of the stock in a transaction dated Friday, August 15th. The stock was purchased at an average cost of $3.69 per share, for a total transaction of $369,000.00. Following the acquisition, the director now directly owns 5,900,309 shares in the company, valued at approximately $21,772,140. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Separately, analysts at Zacks downgraded shares of CIBER from a “neutral” rating to an “underperform” rating in a research note on Friday, August 1st. They now have a $3.30 price target on the stock.
Shares of CIBER (NYSE:CBR) traded up 1.08% during mid-day trading on Monday, hitting $3.73. The stock had a trading volume of 153,112 shares. CIBER has a 52 week low of $3.08 and a 52 week high of $5.09. The stock has a 50-day moving average of $4.22 and a 200-day moving average of $4.41. The company’s market cap is $291.1 million.
CIBER (NYSE:CBR) last posted its quarterly earnings results on Tuesday, July 29th. The company reported ($0.02) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.06 by $0.08. The company had revenue of $214.60 million for the quarter, compared to the consensus estimate of $223.10 million. During the same quarter last year, the company posted $0.04 earnings per share. CIBER’s revenue was down 2.6% compared to the same quarter last year. Analysts expect that CIBER will post $0.10 EPS for the current fiscal year.
CIBER, Inc (NYSE:CBR) is a provider of information technology (IT), business consulting and outsourcing services.
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