Maximus Inc (MMS) Files Form 4 Insider Selling : Paul R Lederer Sells 6,750 Shares

Maximus Inc (MMS): Paul R Lederer , director of Maximus Inc sold 6,750 shares on May 17, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $54.78 per share for a total value of $369,762.31 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 2, 2016, Russell A Beliveau (director) sold 1,000 shares at $49.35 per share price.On Nov 19, 2015, Peter Pond (director) purchased 14,375 shares at $52.27 per share price.Also, On Nov 13, 2015, Richard John Nadeau (CFO) purchased 1,000 shares at $53.16 per share price.On Oct 9, 2015, Bruce Caswell (President) sold 20,000 shares at $61.90 per share price.

MAXIMUS: On Monday, May 16, 2016 heightened volatility was witnessed in MAXIMUS which led to swings in the share price. The shares opened for trading at $53.29 and hit $54.98 on the upside , eventually ending the session at $54.69, with a gain of 2.88% or 1.53 points. The heightened volatility saw the trading volume jump to 3,43,248 shares. The 52-week high of the share price is $70 and the company has a market cap of $3,549 M . The 52-week low of the share price is at $45.15.

MAXIMUS Money Flow Index Chart

MAXIMUS Inc. provides business process services (BPS) to Government health and human services agencies. The Company is primarily focused on operating Government-sponsored programs such as Medicaid children’s health insurance program (CHIP) health insurance exchanges and other health care reform initiatives Medicare welfare-to-work child support services and other Government programs. It provides health and human services to Governments in the United States Australia Canada the United Kingdom and Saudi Arabia. The Company’s United States federal services business provides various contract vehicles. The Company’s Health Services segment provides a range of business process services as well as related consulting services for state provincial and federal Government programs. The Company’s Human Services segment provides federal national state and county human services agencies with a range of business process services as well as related consulting services.

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