The Redwood Op. Group President of Civitas (CIVI) is Selling Shares


Today, the Redwood Op. Group President of Civitas (NYSE: CIVI), David Petersen, sold shares of CIVI for $55.58K.

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Based on Civitas’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $393 million and GAAP net loss of $2.49 million. In comparison, last year the company earned revenue of $362 million and had a net profit of $5.48 million. CIVI’s market cap is $577.8M and the company has a P/E ratio of 173.33. Currently, Civitas has an average volume of 141.3K.

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Civitas Solutions, Inc. engages in the provision of home and community-based health and human services to individuals with intellectual, developmental, physical, and behavioral disabilities. It operates through the following business segments: Intellectual and Developmental Disabilities (I/DD); Post-Acute Specialty Rehabilitation Services (SRS); At-Risk Youth (ARY); and Corporate and Other. The I/DD segment includes residential support, day habilitation, vocational services, case management, crisis intervention, and hourly support care. The SRS segment delivers health care and community-based health and human services to individuals who have suffered acquired brain injury, spinal injuries, and other catastrophic injuries and illnesses. The ARY segment offers therapeutic foster care, family preservation, adoption services, early intervention, school-based services, and juvenile offender programs. The Corporate and Other segment relates to the results of the adult day health operating segment and unallocated home office expenses and stock-based compensation expense. The company was founded in 1980 and is headquartered in Boston, MA.

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