Cbiz, Inc. (CBZ) Files Form 4 Insider Selling : Ware H Grove Sells 10,000 Shares

Cbiz, Inc. (CBZ): Ware H Grove , C.F.O. of Cbiz, Inc. sold 10,000 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $10.30 per share for a total value of $102,962.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 16, 2016, Chris Spurio (President, Financial Services) purchased 23 shares at $10.30 per share price.On May 16, 2016, Jerome P Grisko (CEO & President) purchased 57 shares at $10.30 per share price.Also, On Feb 23, 2016, Joseph S Dimartino (director) sold 11,896 shares at $10.47 per share price.On Dec 16, 2015, Donald V Weir (director) sold 20,000 shares at $10.24 per share price.

CBIZ: On Wednesday, May 25, 2016 heightened volatility was witnessed in CBIZ which led to swings in the share price. The shares opened for trading at $10.38 and hit $10.55 on the upside , eventually ending the session at $10.45, with a gain of 0.58% or 0.06 points. The heightened volatility saw the trading volume jump to 1,65,444 shares. The 52-week high of the share price is $11.54 and the company has a market cap of $550 M . The 52-week low of the share price is at $8.94.

CBIZ Money Flow Index Chart

Company has been under the radar of several Street Analysts.CBIZ is Upgraded by First Analysis Sec to Equal-Weight and the brokerage firm has set the Price Target at $9.50. Earlier the firm had a rating of Underweight on the company shares. The Rating was issued on Mar 15, 2016.

CBIZ Inc. is engaged in providing professional business services products and solutions to businesses of various sizes as well as individuals Governmental entities and not-for-profit enterprises throughout the United States and parts of Canada. CBIZ delivers its integrated services through its three practice groups: Financial Services National Practices and Employee Services. The Financial Services practice group offers various services including accounting tax Government health care consulting financial advisory valuation litigation support risk advisory services and others. The Employee Services practice group offers employee benefits consulting and brokerage property and casualty brokerage and retirement plan advisory services among others. The National Practices group offers technology and health care consulting services.

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