Today, the President & CEO of CoreCivic Inc (NYSE: CXW), Damon Hininger, bought shares of CXW for $336.6K.
This recent transaction increases Damon Hininger’s holding in the company by 6.24% to a total of $5.76 million. In addition to Damon Hininger, one other CXW executive reported Buy trades in the last month.
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Based on CoreCivic Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $441 million and quarterly net profit of $37.78 million. In comparison, last year the company earned revenue of $436 million and had a net profit of $45.48 million. CXW’s market cap is $3.04B and the company has a P/E ratio of 18.40. Currently, CoreCivic Inc has an average volume of 458.2K.
Starting in February 2017, CXW received 5 Buy ratings in a row. Four different firms, including Barclays and Canaccord Genuity, currently also have a Buy rating on the stock.
The insider sentiment on CoreCivic Inc has been neutral according to 36 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.
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CoreCivic, Inc. operates as a government solutions company, which develops and manages prisons and other correctional facilities. Its services include CoreCivic Safety, CoreCivic Properties, and CoreCivic Community.
