Significant Insider Selling in Shares of Maximus (MMS) Continues

Thursday, September 28, 2017 10:15 PM ET

Significant Insider Selling in Shares of Maximus (MMS) Continues

One insider — Raymond B Ruddy, Director — today, disposed of 25,000 shares of Maximus having a market value of approximately $1,627,937, as indicated in a form 4 document filed with the SEC. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 84,403 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 109,403 shares and have averaged 21,881 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Maximus is greater than its 67-company peer group average. The Business Support Services peer group saw 88 buy/sell trades during this period for an average of 1.3 transactions per company. However, the number of shares traded per transaction by Maximus insiders is lower than its peers. Within the peer group there were 291,570 shares purchased and 20,105,382 shares sold with company insiders disposing of 225,157 shares on average over this time period.

Insider buying and selling activity that is significant has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in composing and writing this story.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

For more information, contact UpTick at info@uptickdata.com. Copyright 2017 UpTick Data Technologies. All rights reserved.

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