CBIZ, Inc. (NYSE:CBZ) insider Michael P. Kouzelos sold 21,222 shares of CBIZ stock in a transaction dated Friday, February 19th. The shares were sold at an average price of $29.35, for a total transaction of $622,865.70. Following the completion of the transaction, the insider now directly owns 305,406 shares of the company’s stock, valued at $8,963,666.10. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
NYSE:CBZ traded up $0.04 during mid-day trading on Tuesday, hitting $30.30. The stock had a trading volume of 7,890 shares, compared to its average volume of 239,936. The stock has a market capitalization of $1.65 billion, a price-to-earnings ratio of 21.77 and a beta of 0.58. The company has a 50 day simple moving average of $27.28 and a 200-day simple moving average of $25.13. CBIZ, Inc. has a 52 week low of $16.85 and a 52 week high of $30.67. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.15.
CBIZ (NYSE:CBZ) last issued its quarterly earnings data on Thursday, February 18th. The business services provider reported ($0.03) earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.03). CBIZ had a net margin of 8.08% and a return on equity of 11.27%. As a group, equities research analysts anticipate that CBIZ, Inc. will post 1.37 earnings per share for the current year.
Separately, Zacks Investment Research downgraded shares of CBIZ from a “buy” rating to a “hold” rating in a research report on Monday, January 4th.
CBIZ, Inc provides financial, insurance, and advisory services in the United States and Canada. The company's financial services include accounting and tax, government healthcare consulting, financial advisory, valuation, and risk and advisory services. Its benefits and insurance services comprise group health benefits consulting, payroll, property and casualty, and retirement plan services.
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