Maximus, Inc. (NYSE:MMS) Insider Michelle F. Link Sells 2,208 Shares

Maximus, Inc. (NYSE:MMSGet Free Report) insider Michelle F. Link sold 2,208 shares of Maximus stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $73.83, for a total value of $163,016.64. Following the completion of the transaction, the insider now owns 6,567 shares in the company, valued at approximately $484,841.61. The trade was a 25.16 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Maximus Trading Down 1.1 %

Shares of Maximus stock opened at $73.84 on Friday. The firm’s 50 day moving average is $85.11 and its 200 day moving average is $87.22. The firm has a market capitalization of $4.45 billion, a PE ratio of 14.77 and a beta of 0.73. Maximus, Inc. has a 1 year low of $71.75 and a 1 year high of $93.97. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.59.

Maximus Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Saturday, November 30th. Shareholders of record on Friday, November 15th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.63%. Maximus’s payout ratio is presently 24.00%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of MMS. Price T Rowe Associates Inc. MD increased its holdings in Maximus by 6.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 38,100 shares of the health services provider’s stock worth $3,197,000 after purchasing an additional 2,322 shares in the last quarter. Cetera Advisors LLC bought a new stake in shares of Maximus during the first quarter worth about $235,000. GAMMA Investing LLC increased its stake in shares of Maximus by 224.5% in the second quarter. GAMMA Investing LLC now owns 344 shares of the health services provider’s stock valued at $29,000 after buying an additional 238 shares during the period. Fulton Bank N.A. raised its holdings in Maximus by 13.3% in the 2nd quarter. Fulton Bank N.A. now owns 4,400 shares of the health services provider’s stock valued at $377,000 after buying an additional 517 shares during the last quarter. Finally, Harbor Capital Advisors Inc. raised its holdings in Maximus by 234.1% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 17,209 shares of the health services provider’s stock valued at $1,475,000 after buying an additional 12,058 shares during the last quarter. 97.21% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Maximus from a “buy” rating to a “hold” rating in a research note on Thursday, November 28th.

View Our Latest Research Report on MMS

Maximus Company Profile

(Get Free Report)

Maximus, Inc operates as a provider of government services in the United States and internationally. It operates through three segments: U.S. Federal Services, U.S. Services, and Outside the U.S. The U.S. Services segment offers program eligibility support and enrollment; centralized multilingual customer contact centers, multichannel, and digital self-service options for enrollment; application assistance and independent health plan choice counseling; beneficiary outreach, education, eligibility, enrollment, and redeterminations; and person-centered independent disability, long-term sick, and other health assessments.

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Insider Buying and Selling by Quarter for Maximus (NYSE:MMS)

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