CBIZ (NYSE:CBZ) CFO Buys $331,766.75 in Stock

Key Points

• CFO Brad Lakhia purchased 12,775 shares at an average price of $25.97 (totaling $331,766.75), raising his stake to 148,480 shares—a 9.41% ownership increase.
• CBIZ missed the quarter on both EPS (reported ($0.70) vs. ($0.66) expected) and revenue ($542.7M vs. $578.0M expected) although revenue was up 17.9% year-over-year; the company set FY2026 guidance of 3.750–3.850 EPS
• The stock traded up 3.1% to $26.50 (52-week range $25.44–$80.65) amid heavy institutional ownership (87.44%), a market cap of $1.46B and a P/E of 14.97, with analysts' consensus rating at "Hold" and a $60 target.

CBIZ, Inc. (NYSE:CBZ - Get Free Report) CFO Brad Lakhia purchased 12,775 shares of CBIZ stock in a transaction that occurred on Friday, March 13th. The shares were acquired at an average price of $25.97 per share, for a total transaction of $331,766.75. Following the acquisition, the chief financial officer owned 148,480 shares in the company, valued at $3,856,025.60. This trade represents a 9.41% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

CBIZ Trading Up 3.1%

NYSE CBZ traded up $0.79 on Tuesday, hitting $26.50. The company's stock had a trading volume of 761,919 shares, compared to its average volume of 1,669,254. CBIZ, Inc. has a 52-week low of $25.44 and a 52-week high of $80.65. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.79. The company's 50-day simple moving average is $36.13 and its 200 day simple moving average is $47.31. The firm has a market cap of $1.46 billion, a P/E ratio of 14.97, a PEG ratio of 0.48 and a beta of 0.94.

CBIZ (NYSE:CBZ - Get Free Report) last posted its earnings results on Wednesday, February 25th. The business services provider reported ($0.70) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.66) by ($0.04). The business had revenue of $542.66 million for the quarter, compared to analysts' expectations of $578.02 million. CBIZ had a net margin of 4.19% and a return on equity of 12.23%. CBIZ's quarterly revenue was up 17.9% on a year-over-year basis. During the same period last year, the firm posted ($0.20) earnings per share. CBIZ has set its FY 2026 guidance at 3.750-3.850 EPS. Research analysts predict that CBIZ, Inc. will post 2.65 EPS for the current fiscal year.

Hedge Funds Weigh In On CBIZ

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC grew its position in shares of CBIZ by 6.2% in the 1st quarter. AQR Capital Management LLC now owns 11,725 shares of the business services provider's stock worth $889,000 after buying an additional 682 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in CBIZ by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,294 shares of the business services provider's stock valued at $2,222,000 after acquiring an additional 1,318 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in CBIZ by 5.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 143,270 shares of the business services provider's stock worth $10,868,000 after acquiring an additional 7,676 shares in the last quarter. Jane Street Group LLC grew its holdings in CBIZ by 96.1% in the first quarter. Jane Street Group LLC now owns 41,240 shares of the business services provider's stock worth $3,128,000 after purchasing an additional 20,214 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in CBIZ by 9.1% in the second quarter. Bank of New York Mellon Corp now owns 163,157 shares of the business services provider's stock worth $11,700,000 after purchasing an additional 13,599 shares during the period. Hedge funds and other institutional investors own 87.44% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on CBZ. CJS Securities raised shares of CBIZ to a "strong-buy" rating in a research report on Thursday, December 11th. Zacks Research downgraded shares of CBIZ from a "hold" rating to a "strong sell" rating in a research note on Thursday, February 26th. Deutsche Bank Aktiengesellschaft started coverage on shares of CBIZ in a report on Monday, January 12th. They issued a "hold" rating and a $60.00 price objective for the company. Finally, Weiss Ratings reaffirmed a "sell (d+)" rating on shares of CBIZ in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, CBIZ currently has an average rating of "Hold" and a consensus target price of $60.00.

About CBIZ

CBIZ, Inc NYSE: CBZ, founded in 1996 and headquartered in Cleveland, Ohio, is a leading provider of professional business services in the United States. Since its inception, the company has grown through both organic expansion and strategic acquisitions to deliver a broad spectrum of financial, tax and advisory solutions tailored to the needs of small to mid-market organizations.

Through its Financial & Advisory Services segment, CBIZ offers accounting, tax preparation and compliance, audit support, and wealth management services.

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