Michelle F. Link Sells 1,363 Shares of Maximus, Inc. (NYSE:MMS) Stock

Maximus, Inc. (NYSE:MMS) insider Michelle F. Link sold 1,363 shares of the business’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $92.56, for a total value of $126,159.28. Following the transaction, the insider now owns 6,567 shares in the company, valued at approximately $607,841.52. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Maximus Price Performance

MMS opened at $91.12 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.59 and a current ratio of 1.59. The stock has a market capitalization of $5.54 billion, a PE ratio of 23.92 and a beta of 0.76. The stock’s 50 day moving average price is $90.01 and its 200-day moving average price is $86.58. Maximus, Inc. has a 52-week low of $72.39 and a 52-week high of $93.97.

Maximus (NYSE:MMS) last issued its quarterly earnings data on Wednesday, August 7th. The health services provider reported $1.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.27. Maximus had a net margin of 5.59% and a return on equity of 20.91%. The business had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the previous year, the firm earned $0.78 EPS. The company’s quarterly revenue was up 10.6% compared to the same quarter last year. On average, equities research analysts predict that Maximus, Inc. will post 6.12 EPS for the current year.

Institutional Trading of Maximus

Institutional investors and hedge funds have recently bought and sold shares of the stock. Rise Advisors LLC grew its holdings in shares of Maximus by 1,445.0% during the 1st quarter. Rise Advisors LLC now owns 309 shares of the health services provider’s stock worth $26,000 after acquiring an additional 289 shares during the period. GAMMA Investing LLC grew its stake in Maximus by 224.5% in the second quarter. GAMMA Investing LLC now owns 344 shares of the health services provider’s stock worth $29,000 after purchasing an additional 238 shares during the period. Blue Trust Inc. grew its stake in Maximus by 201.5% in the second quarter. Blue Trust Inc. now owns 392 shares of the health services provider’s stock worth $33,000 after purchasing an additional 262 shares during the period. Kapitalo Investimentos Ltda bought a new position in Maximus in the fourth quarter worth $52,000. Finally, Archer Investment Corp lifted its position in Maximus by 8,788.9% during the second quarter. Archer Investment Corp now owns 800 shares of the health services provider’s stock valued at $69,000 after buying an additional 791 shares during the period. 97.21% of the stock is currently owned by hedge funds and other institutional investors.

About Maximus

Maximus, Inc operates as a provider of government services in the United States and internationally. It operates through three segments: U.S. Federal Services, U.S. Services, and Outside the U.S. The U.S. Services segment offers program eligibility support and enrollment; centralized multilingual customer contact centers, multichannel, and digital self-service options for enrollment; application assistance and independent health plan choice counseling; beneficiary outreach, education, eligibility, enrollment, and redeterminations; and person-centered independent disability, long-term sick, and other health assessments.