Michelle Link Sells 1,610 Shares of Maximus (NYSE:MMS) Stock

Maximus, Inc. (NYSE:MMS) insider Michelle Link sold 1,610 shares of Maximus stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $90.86, for a total value of $146,284.60. Following the transaction, the insider owned 13,508 shares of the company’s stock, valued at $1,227,336.88. This represents a 10.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Maximus Trading Down 0.0%

Shares of Maximus stock opened at $91.25 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.27 and a quick ratio of 2.27. Maximus, Inc. has a 1 year low of $63.77 and a 1 year high of $93.73. The company has a market capitalization of $5.14 billion, a P/E ratio of 16.80 and a beta of 0.57. The business has a 50 day moving average price of $85.06 and a 200 day moving average price of $75.34.

Maximus (NYSE:MMS) last issued its quarterly earnings data on Thursday, August 7th. The health services provider reported $2.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.77. Maximus had a return on equity of 24.44% and a net margin of 5.83%.The firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the previous year, the firm posted $1.74 EPS. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. Maximus has set its FY 2025 guidance at 7.350-7.550 EPS. Sell-side analysts anticipate that Maximus, Inc. will post 6.15 EPS for the current fiscal year.

Institutional Trading of Maximus

Institutional investors have recently made changes to their positions in the stock. Canada Pension Plan Investment Board purchased a new stake in shares of Maximus during the 2nd quarter valued at $35,000. Caitong International Asset Management Co. Ltd grew its stake in shares of Maximus by 17,533.3% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 529 shares of the health services provider’s stock valued at $36,000 after buying an additional 526 shares during the period. UMB Bank n.a. grew its stake in shares of Maximus by 70.2% during the 1st quarter. UMB Bank n.a. now owns 606 shares of the health services provider’s stock valued at $41,000 after buying an additional 250 shares during the period. GAMMA Investing LLC grew its stake in shares of Maximus by 67.1% during the 1st quarter. GAMMA Investing LLC now owns 732 shares of the health services provider’s stock valued at $50,000 after buying an additional 294 shares during the period. Finally, Bayforest Capital Ltd purchased a new stake in shares of Maximus during the 2nd quarter valued at $61,000. 97.21% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MMS has been the subject of several research reports. Weiss Ratings restated a “hold (c+)” rating on shares of Maximus in a research report on Saturday, September 27th. Zacks Research upgraded Maximus from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Maximus presently has a consensus rating of “Buy” and an average target price of $90.00.

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.