CIBER Director Acquires $64,575 in Stock (CBR)
CIBER (NYSE:CBR) Director Bobby G. Stevenson acquired 17,500 shares of CIBER stock in a transaction that occurred on Monday, August 18th. The stock was purchased at an average cost of $3.69 per share, with a total value of $64,575.00. Following the completion of the purchase, the director now directly owns 5,983,874 shares in the company, valued at approximately $22,080,495. The purchase was disclosed in a filing with the Securities & Exchange Commission, 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 down 1.82% on Wednesday, hitting $3.77. 161,833 shares of the company’s stock traded hands. CIBER has a 52-week low of $3.08 and a 52-week high of $5.09. The stock’s 50-day moving average is $4.12 and its 200-day moving average is $4.41. The company’s market cap is $294.2 million.
CIBER (NYSE:CBR) last announced its earnings results on Tuesday, July 29th. The company reported ($0.02) EPS for the quarter, missing the Thomson Reuters 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 in the prior year, the company posted $0.04 earnings per share. The company’s quarterly revenue was down 2.6% on a year-over-year basis. 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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