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 Price Performance
Shares of NYSE:CBZ traded up $0.31 during trading on Tuesday, hitting $44.52. 178,584 shares of the stock were exchanged, compared to its average volume of 238,218. CBIZ has a 12-month low of $31.38 and a 12-month high of $46.42. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.34. The company has a fifty day moving average price of $41.05 and a two-hundred day moving average price of $40.28. The company has a market cap of $2.29 billion, a PE ratio of 23.19 and a beta of 0.72.
Insider Activity at CBIZ
In related news, insider Chris Spurio sold 32,023 shares of the company's 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 sale, the insider now owns 163,588 shares of the company's stock, valued at approximately $7,538,135.04. The transaction was disclosed in a filing with the SEC, which is available through this link. In other CBIZ news, insider Chris Spurio sold 32,023 shares of the stock in a transaction on Monday, August 1st. The stock was sold at an average price of $46.08, for a total transaction of $1,475,619.84. Following the transaction, the insider now owns 163,588 shares of the company's stock, valued at approximately $7,538,135.04. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Joseph S. Dimartino sold 1,000 shares of the stock in a transaction on Thursday, May 26th. The stock was sold at an average price of $40.71, for a total value of $40,710.00. Following the transaction, the director now directly owns 41,872 shares in the company, valued at approximately $1,704,609.12. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 42,254 shares of company stock valued at $1,870,254. 6.50% of the stock is owned by corporate insiders.