CoreCivic, Inc. (NYSE:CXW) EVP Anthony L. Grande Sells 26,000 Shares

CoreCivic, Inc. (NYSE:CXW) EVP Anthony L. Grande sold 26,000 shares of CoreCivic stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $22.18, for a total transaction of $576,680.00. Following the transaction, the executive vice president now owns 127,380 shares in the company, valued at approximately $2,825,288.40. This trade represents a 16.95 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

CoreCivic Stock Performance

CXW opened at $22.49 on Thursday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.51 and a current ratio of 1.51. The stock has a market capitalization of $2.48 billion, a price-to-earnings ratio of 33.57 and a beta of 0.86. The company has a fifty day moving average of $15.97 and a 200 day moving average of $14.44. CoreCivic, Inc. has a fifty-two week low of $10.74 and a fifty-two week high of $24.99.

Analyst Ratings Changes

CXW has been the topic of several research analyst reports. Wedbush restated a “neutral” rating and issued a $14.00 price objective on shares of CoreCivic in a research report on Friday, September 13th. Northland Securities lifted their target price on CoreCivic from $17.00 to $32.00 and gave the company an “outperform” rating in a research note on Friday, November 8th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. CANADA LIFE ASSURANCE Co boosted its stake in CoreCivic by 8.1% during the first quarter. CANADA LIFE ASSURANCE Co now owns 103,894 shares of the real estate investment trust’s stock valued at $1,619,000 after buying an additional 7,828 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of CoreCivic by 2.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 214,736 shares of the real estate investment trust’s stock valued at $3,353,000 after acquiring an additional 5,547 shares during the last quarter. SG Americas Securities LLC grew its holdings in shares of CoreCivic by 79.3% in the second quarter. SG Americas Securities LLC now owns 16,036 shares of the real estate investment trust’s stock valued at $208,000 after purchasing an additional 7,094 shares in the last quarter. Wedge Capital Management L L P NC grew its holdings in shares of CoreCivic by 21.8% in the second quarter. Wedge Capital Management L L P NC now owns 97,309 shares of the real estate investment trust’s stock valued at $1,263,000 after purchasing an additional 17,385 shares in the last quarter. Finally, Nisa Investment Advisors LLC increased its position in CoreCivic by 85.8% in the second quarter. Nisa Investment Advisors LLC now owns 400,896 shares of the real estate investment trust’s stock worth $5,204,000 after purchasing an additional 185,075 shares during the last quarter. Hedge funds and other institutional investors 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.