Civitas Solutions, Inc. (NYSE:CIVI) CFO Denis M. Holler sold 4,600 shares of the company’s stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $19.63, for a total transaction of $90,298.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Civitas Solutions, Inc. (NYSE:CIVI) traded down 3.82% on Wednesday, hitting $18.90. 60,600 shares of the company traded hands. Civitas Solutions, Inc. has a 12 month low of $15.40 and a 12 month high of $20.98. The stock’s 50-day moving average is $18.62 and its 200 day moving average is $17.78. The stock has a market cap of $706.14 million, a PE ratio of 36.35 and a beta of 0.41.

Civitas Solutions (NYSE:CIVI) last released its quarterly earnings data on Wednesday, August 9th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.01. The firm 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 revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.13 earnings per share. Equities research analysts expect that Civitas Solutions, Inc. will post $0.69 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: This news story was first published by American Banking News and is the property of of American Banking News. If you are viewing this news story on another publication, it was illegally copied and reposted in violation of United States and international copyright and trademark law. The legal version of this news story can be viewed at https://www.americanbankingnews.com/2017/10/04/insider-selling-civitas-solutions-inc-civi-cfo-sells-4600-shares-of-stock.html.

Several research analysts recently weighed in on CIVI shares. Zacks Investment Research upgraded shares of Civitas Solutions from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th. BidaskClub downgraded shares of Civitas Solutions from a “hold” rating to a “sell” rating in a research report on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. Civitas Solutions presently has a consensus rating of “Hold” and a consensus price target of $24.67.

Hedge funds have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. purchased a new stake in Civitas Solutions during the first quarter worth about $109,000. Bank of Montreal Can boosted 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 worth $116,000 after buying an additional 5,718 shares in the last quarter. American International Group Inc. boosted 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 worth $171,000 after buying an additional 617 shares in the last quarter. Martingale Asset Management L P purchased a new stake in Civitas Solutions during the second quarter worth about $186,000. Finally, Parametric Portfolio Associates LLC purchased a new stake in Civitas Solutions during the second quarter worth about $211,000. 93.97% of the stock is currently owned by hedge funds and other 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.