Maximus Inc (MMS): Bruce Caswell , President of Maximus Inc sold 30,000 shares on Jun 20, 2016. The Insider selling transaction was reported by the company on Jun 22, 2016 to the Securities and Exchange Commission. The shares were sold at $56.34 per share for a total value of $1,690,140.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 7, 2016, Wellington E Webb (director) sold 560 shares at $56.95 per share price.On Jun 3, 2016, Russell A Beliveau (director) sold 1,000 shares at $57.47 per share price.Also, On Jun 1, 2016, David Francis (General Counsel) sold 1,500 shares at $56.83 per share price.On May 19, 2016, Richard A Montoni (Chief Executive Officer) sold 25,000 shares at $54.03 per share price.
MAXIMUS: On Monday, Jun 20, 2016 heightened volatility was witnessed in MAXIMUS which led to swings in the share price. The shares opened for trading at $55.51 and hit $57.18 on the upside , eventually ending the session at $57.12, with a gain of 4.44% or 2.43 points. The heightened volatility saw the trading volume jump to 4,24,082 shares. The 52-week high of the share price is $70 and the company has a market cap of $3,707 M . The 52-week low of the share price is at $45.15.
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.