Maximus (MMS) Insider Makes Significant Share Sale

Thursday, February 22, 2018 10:15 PM ET

Maximus (MMS) Insider Makes Significant Share Sale

There was a substantial sale of shares of Maximus by an insider today, as revealed in a form 4 document filed with the SEC. One insider — Richard A Montoni, Officer — disposed of 30,000 shares in the company having a market value of approximately $2,036,750. 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 57,244 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 87,244 shares and have averaged 17,449 shares per transaction over this time period.

Maximus insider trading represents a level of buy/sell trades that is above for the 74 peer company average over the last 90-day period. The Business Support Services peer group saw 47 buy/sell trades during this period for an average of 0.6 transactions per company. The number of shares per buy/sell trade for Maximus insiders was also higher. Within the peer group there were 24,559 shares purchased and 631,950 shares sold with company insiders selling 12,923 shares on average.

For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data sourced to create and write 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.

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