CBIZ, Inc. provides financial, insurance, and advisory services in the United States and Canada. The company operates through three segments: Financial Services, Benefits and Insurance Services, and National Practices. The Financial Services segment offers accounting and tax, financial advisory, valuation, risk and advisory, and government healthcare consulting services. The Benefits and Insurance Services provides employee benefits consulting, payroll/human capital management, property and casualty insurance, and retirement and investment services. The National Practices segment offers information technology managed networking and hardware, and health care consulting services. It primarily serves small and medium-sized businesses, as well as individuals, governmental entities, and not-for-profit enterprises. The company was incorporated in 1987 and is headquartered in Cleveland, Ohio.
CBIZ Stock Performance
Shares of CBZ Stock traded down $0.40 during trading on Friday, reaching $47.61. 1,001 shares of the company's stock were exchanged, compared to its average volume of 216,137. The firm's fifty day moving average price is $41.78 and its 200-day moving average price is $40.69. The stock has a market capitalization of $2.45 billion, a PE ratio of 25.01 and a beta of 0.72. CBIZ has a twelve month low of $31.38 and a twelve month high of $48.47. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.34.
Insider Activity
In other CBIZ news, insider Ware H. Grove sold 935 shares of the company's stock in a transaction dated Friday, August 12th. The stock was sold at an average price of $46.22, for a total value of $43,215.70. Following the completion of the transaction, the insider now owns 257,844 shares of the company's stock, valued at approximately $11,917,549.68. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, insider Ware H. Grove sold 935 shares of the firm's stock in a transaction that occurred on Friday, August 12th. The stock was sold at an average price of $46.22, for a total transaction of $43,215.70. Following the completion of the sale, the insider now owns 257,844 shares of the company's stock, valued at $11,917,549.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Chris Spurio sold 32,023 shares of the stock in a transaction that occurred on Monday, August 1st. The stock was sold at an average price of $46.08, for a total value of $1,475,619.84. Following the completion of the transaction, the insider now owns 163,588 shares in the company, valued at approximately $7,538,135.04. The disclosure for this sale can be found here. In the last three months, insiders sold 49,929 shares of company stock worth $2,263,375. 6.80% of the stock is currently owned by company insiders.