CBIZ, Inc. (NYSE:CBZ) Director Benaree Pratt Wiley sold 1,600 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $26.75, for a total value of $42,800.00. Following the completion of the sale, the director now directly owns 9,202 shares of the company’s stock, valued at $246,153.50. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Benaree Pratt Wiley also recently made the following trade(s):
- On Friday, November 1st, Benaree Pratt Wiley sold 1,600 shares of CBIZ stock. The shares were sold at an average price of $27.45, for a total value of $43,920.00.
- On Thursday, October 3rd, Benaree Pratt Wiley sold 1,600 shares of CBIZ stock. The shares were sold at an average price of $23.15, for a total value of $37,040.00.
Shares of CBZ traded up $0.04 during mid-day trading on Wednesday, hitting $26.85. The company’s stock had a trading volume of 300,639 shares, compared to its average volume of 213,886. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.45. The firm has a 50-day simple moving average of $26.06 and a 200 day simple moving average of $22.85. The firm has a market capitalization of $1.47 billion, a P/E ratio of 24.63 and a beta of 0.33. CBIZ, Inc. has a 1-year low of $18.64 and a 1-year high of $28.13.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CBZ. Huntington National Bank increased its stake in CBIZ by 132.7% in the 3rd quarter. Huntington National Bank now owns 1,166 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 665 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new position in CBIZ in the 2nd quarter valued at approximately $37,000. First Mercantile Trust Co. purchased a new position in CBIZ in the 3rd quarter valued at approximately $38,000. US Bancorp DE purchased a new position in CBIZ in the 2nd quarter valued at approximately $47,000. Finally, Point72 Hong Kong Ltd increased its stake in CBIZ by 4,600.0% in the 2nd quarter. Point72 Hong Kong Ltd now owns 2,632 shares of the business services provider’s stock valued at $52,000 after purchasing an additional 2,576 shares in the last quarter. 88.05% of the stock is owned by hedge funds and other institutional investors.
Several research firms have recently commented on CBZ. ValuEngine cut CBIZ from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Zacks Investment Research raised CBIZ from a “hold” rating to a “strong-buy” rating and set a $32.00 price target for the company in a report on Thursday, October 31st.
CBIZ, Inc provides professional business services, products, and solutions that help its clients in managing finances and employees. It offers its services through three groups: Financial Services, Benefits and Insurance Services, and National Practices. The Financial Services group provides accounting and tax, government healthcare consulting, financial advisory, valuation, and risk and advisory services.
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