Civitas Solutions, Inc. (NYSE:CIVI) insider Jeffrey Michael Cohen sold 600 shares of the firm’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $19.45, for a total value of $11,670.00. Following the completion of the sale, the insider now directly owns 73,627 shares in the company, valued at $1,432,045.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Jeffrey Michael Cohen also recently made the following trade(s):

  • On Monday, September 18th, Jeffrey Michael Cohen sold 500 shares of Civitas Solutions stock. The shares were sold at an average price of $18.35, for a total value of $9,175.00.

Shares of Civitas Solutions, Inc. (CIVI) traded down $0.25 during mid-day trading on Wednesday, hitting $18.95. The stock had a trading volume of 52,995 shares, compared to its average volume of 43,382. Civitas Solutions, Inc. has a 12-month low of $15.40 and a 12-month high of $20.98. The firm has a market capitalization of $708.03, a price-to-earnings ratio of 25.96, a price-to-earnings-growth ratio of 2.22 and a beta of 0.43. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 3.64.

Hedge funds have recently made changes to their positions in the company. Bank of America Corp DE boosted its stake in shares of Civitas Solutions by 507.8% during the first quarter. Bank of America Corp DE now owns 49,137 shares of the company’s stock valued at $901,000 after purchasing an additional 41,052 shares in the last quarter. Royce & Associates LP boosted its stake in shares of Civitas Solutions by 20.1% during the second quarter. Royce & Associates LP now owns 42,388 shares of the company’s stock valued at $742,000 after purchasing an additional 7,098 shares in the last quarter. IndexIQ Advisors LLC boosted its stake in shares of Civitas Solutions by 83.0% during the third quarter. IndexIQ Advisors LLC now owns 47,233 shares of the company’s stock valued at $871,000 after purchasing an additional 21,422 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Civitas Solutions by 1.0% during the second quarter. Vanguard Group Inc. now owns 719,953 shares of the company’s stock valued at $12,600,000 after purchasing an additional 7,218 shares in the last quarter. Finally, Ameriprise Financial Inc. acquired a new stake in shares of Civitas Solutions during the second quarter valued at about $1,705,000. 94.19% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts recently weighed in on the company. BidaskClub lowered Civitas Solutions from a “hold” rating to a “sell” rating in a research note on Thursday, October 12th. Canaccord Genuity raised their price objective on Civitas Solutions from $26.00 to $27.00 and gave the company a “buy” rating in a research note on Thursday, October 26th. Finally, Zacks Investment Research raised Civitas Solutions from a “sell” rating to a “hold” rating in a research note on Tuesday, October 10th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $25.00.

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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)

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