Maximus Inc (MMS) Files Form 4 Insider Selling : Richard A Montoni Sells 25,000 Shares

Maximus Inc (MMS): Richard A Montoni , Chief Executive Officer of Maximus Inc sold 25,000 shares on May 17, 2016. The Insider selling transaction was reported by the company on May 19, 2016 to the Securities and Exchange Commission. The shares were sold at $54.03 per share for a total value of $1,350,547.75 , 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 17, 2016, Paul R Lederer (director) sold 6,750 shares at $54.78 per share price.On Mar 2, 2016, Russell A Beliveau (director) sold 1,000 shares at $49.35 per share price.Also, On Nov 19, 2015, Peter Pond (director) purchased 14,375 shares at $52.27 per share price.On Nov 13, 2015, Richard John Nadeau (CFO) purchased 1,000 shares at $53.16 per share price.

Shares of MAXIMUS (MMS) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.16 points or -0.30% at $54.02 with 2,38,049 shares getting traded. Post opening the session at $54.06, the shares hit an intraday low of $53.07 and an intraday high of $54.36 and the price vacillated in this range throughout the day. The company has a market cap of $3,506 M and the number of outstanding shares has been calculated to be 6,48,97,143 shares. The 52-week high of MAXIMUS is $70 and the 52-week low is $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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