CoreCivic, Inc. (NYSE:CXW) Director Sells $240,000.00 in Stock

CoreCivic, Inc. (NYSE:CXW) Director Anne L. Mariucci sold 10,000 shares of the stock in a transaction on Monday, November 11th. The shares were sold at an average price of $24.00, for a total transaction of $240,000.00. Following the transaction, the director now owns 101,936 shares in the company, valued at $2,446,464. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

CoreCivic Stock Performance

CoreCivic stock opened at $22.13 on Wednesday. The company has a fifty day moving average price of $14.07 and a two-hundred day moving average price of $13.94. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.51 and a quick ratio of 1.51. CoreCivic, Inc. has a 12 month low of $10.74 and a 12 month high of $24.99. The company has a market cap of $2.44 billion, a PE ratio of 33.03 and a beta of 0.86.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on CXW shares. Wedbush restated a “neutral” rating and issued a $14.00 target price on shares of CoreCivic in a research note on Friday, September 13th. Northland Securities upped their price objective on CoreCivic from $17.00 to $32.00 and gave the company an “outperform” rating in a research note on Friday, November 8th.

Institutional Investors Weigh In On CoreCivic

Institutional investors and hedge funds have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC acquired a new position in CoreCivic in the first quarter valued at approximately $87,000. BNP Paribas Financial Markets boosted its position in CoreCivic by 159.3% during the 1st quarter. BNP Paribas Financial Markets now owns 115,555 shares of the real estate investment trust’s stock valued at $1,804,000 after purchasing an additional 70,999 shares during the period. Texas Permanent School Fund Corp boosted its position in CoreCivic by 1.4% during the 1st quarter. Texas Permanent School Fund Corp now owns 99,426 shares of the real estate investment trust’s stock valued at $1,552,000 after purchasing an additional 1,330 shares during the period. SG Americas Securities LLC bought a new position in CoreCivic during the 1st quarter worth $140,000. Finally, ProShare Advisors LLC grew its position in shares of CoreCivic by 7.4% during the first quarter. ProShare Advisors LLC now owns 22,927 shares of the real estate investment trust’s stock worth $358,000 after acquiring an additional 1,578 shares during the last quarter. Institutional investors and hedge funds own 85.13% of the company’s stock.

About CoreCivic

CoreCivic, Inc owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America’s recidivism crisis, and government real estate solutions.