Revealing a significant insider sell on February 27, Anthony Grande, EVP at CoreCivic (NYSE:CXW), as per the latest SEC filing.
What Happened: Grande's recent move involves selling 15,000 shares of CoreCivic. This information is documented in a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday. The total value is $217,509.
In the Wednesday's morning session, CoreCivic's shares are currently trading at $14.62, experiencing a down of 0.0%.
All You Need to Know About CoreCivic
CoreCivic Inc is an owner and operator of private prisons and detention centers in the United States. It operates in three segments: Safety, Community, and Properties. The Community segment owns and operates residential reentry centers. The Properties segment owns properties for lease to third parties and government agencies. The vast majority of the company's revenue comes from the CoreCivic Safety segment which consists of correctional and detention facilities that are owned, or controlled via a long-term lease, and managed by the company, as well as those correctional and detention facilities owned by third parties but managed by CoreCivic.
CoreCivic: Delving into Financials
Positive Revenue Trend: Examining CoreCivic's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth ...