On November 19, 2024, David Churchill, Chief Human Resources Officer at CoreCivic Inc, sold 34,301 shares of the company. Following this transaction, the insider now owns 179,755 shares of CoreCivic Inc.
CoreCivic Inc (CXW, Financial) is a diversified government solutions company with a focus on providing corrections and detention management services. The company also offers real estate solutions to government agencies.
The insider transaction history for CoreCivic Inc indicates that there have been no insider buys over the past year, while there have been 23 insider sells during the same period. Over the past year, David Churchill has sold a total of 114,301 shares and has not purchased any shares.
On the day of the recent sale, shares of CoreCivic Inc were trading at $22 each, giving the stock a market cap of $2,391.768 million. The company's price-earnings ratio stands at 32.37, which is higher than the industry median of 17.83 and also higher than the company’s historical median price-earnings ratio.
With a trading price of $22 and a GuruFocus Value of $12.63, CoreCivic Inc has a price-to-GF-Value ratio of 1.74, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
