CIBER Director Bobby G. Stevenson Purchases 83,565 Shares (CBR)
CIBER (NYSE:CBR) Director Bobby G. Stevenson purchased 83,565 shares of the company’s stock on the open market in a transaction dated Wednesday, August 20th. The stock was purchased at an average cost of $3.76 per share, with a total value of $314,204.40. Following the purchase, the director now directly owns 5,983,874 shares of the company’s stock, valued at approximately $22,499,366. The purchase was disclosed in a legal filing with the SEC, which can be accessed through 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.
CIBER (NYSE:CBR) traded down 1.82% on Wednesday, hitting $3.77. The stock had a trading volume of 161,833 shares. CIBER has a one year low of $3.08 and a one year 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 released its earnings data on Tuesday, July 29th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the 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 previous year, the company posted $0.04 earnings per share. The company’s revenue for the quarter 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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