Civitas Solutions, Inc. (NYSE:CIVI) CFO Denis M. Holler sold 6,433 shares of the stock in a transaction dated Wednesday, September 6th. The shares were sold at an average price of $19.11, for a total transaction of $122,934.63. Following the completion of the transaction, the chief financial officer now directly owns 302,824 shares in the company, valued at $5,786,966.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Civitas Solutions, Inc. (NYSE:CIVI) traded down 3.74% during trading on Thursday, hitting $18.00. 33,422 shares of the stock traded hands. Civitas Solutions, Inc. has a 1-year low of $15.40 and a 1-year high of $20.98. The stock has a 50 day moving average price of $18.17 and a 200-day moving average price of $17.68. The stock has a market cap of $672.52 million, a price-to-earnings ratio of 34.62 and a beta of 0.43.

Civitas Solutions (NYSE:CIVI) last issued its quarterly earnings results on Wednesday, August 9th. The company reported $0.20 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.01. The company had revenue of $377.80 million for the quarter, compared to the consensus estimate of $376.51 million. Civitas Solutions had a net margin of 1.35% and a return on equity of 17.01%. The firm’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.13 EPS. Equities analysts forecast that Civitas Solutions, Inc. will post $0.68 EPS for the current year.

TRADEMARK VIOLATION NOTICE: This report was reported by American Banking News and is owned by of American Banking News. If you are viewing this report on another site, it was copied illegally and republished in violation of United States and international copyright legislation. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/09/07/civitas-solutions-inc-civi-cfo-denis-m-holler-sells-6433-shares.html.

Several equities analysts have recently weighed in on the stock. BidaskClub raised shares of Civitas Solutions from a “sell” rating to a “hold” rating in a research report on Monday, August 14th. Zacks Investment Research lowered shares of Civitas Solutions from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. Civitas Solutions has a consensus rating of “Hold” and a consensus price target of $23.50.

Large investors have recently modified their holdings of the stock. Acrospire Investment Management LLC boosted its holdings in shares of Civitas Solutions by 19.3% in the 1st quarter. Acrospire Investment Management LLC now owns 5,557 shares of the company’s stock worth $102,000 after buying an additional 900 shares during the last quarter. Victory Capital Management Inc. purchased a new stake in Civitas Solutions during the first quarter valued at about $109,000. Bank of Montreal Can lifted its holdings in Civitas Solutions by 614.8% during the second quarter. Bank of Montreal Can now owns 6,648 shares of the company’s stock valued at $116,000 after purchasing an additional 5,718 shares during the last quarter. American International Group Inc. lifted its holdings in Civitas Solutions by 7.1% during the first quarter. American International Group Inc. now owns 9,298 shares of the company’s stock valued at $171,000 after purchasing an additional 617 shares during the last quarter. Finally, Martingale Asset Management L P purchased a new stake in Civitas Solutions during the second quarter valued at about $186,000. 93.97% of the stock is currently owned by institutional investors.

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 MarketBeat.com's FREE daily email newsletter.