|Bid||30.13 x 800|
|Ask||32.29 x 1200|
|Day's Range||31.68 - 32.51|
|52 Week Range||16.85 - 32.51|
|Beta (5Y Monthly)||0.63|
|PE Ratio (TTM)||22.85|
|Earnings Date||May 04, 2021 - May 10, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||36.00|
The CBIZ Small Business Employment Index ("SBEI") reported a seasonally adjusted gain of 0.99% for February, signaling a turnaround from the index’s abrupt decline in January. February’s growth comes as more states ease COVID-19 restrictions, making way for small businesses to resume activities. The CBIZ SBEI tracks payroll and hiring trends for over 3,400 companies that have 300 or fewer employees, providing broad insight into small business trends.
A Form 4 filing filed with the SEC on Friday, May 15 showed that President Employee Services Kouzelos Michael P sold 21,222 shares of CBIZ Inc (NYSE:CBZ) at $29.35 on Friday, Feb 19, and sold 14,778 shares at $30.10 on Monday, Feb 22.The transaction moved the executive's stake in CBIZ Inc. to 284,184 shares. Shares of CBIZ moved lower by 0.6% from the previous closing price. The Importance of Insider Transactions While transactions from an insider shouldn't be used as the sole item to make an investment or trading decision, an insider buying or selling stock in their company can be a good added factor that leads to more conviction in a decision. When an insider buys stock after an important sell off, that can indicate the insider's faith in the success of the organization. Henceforth, if the stock is bought at new highs, it might be because the insider feels that the stock is not overvalued. Insiders who sell stock at new lows could be anticipating some capitulation moment. If the insider sells at new highs, it could point to the intention to "take some profit" and "lock in a gain." Important Transaction Codes Investors prefer focusing on transactions which take place in the open market, indicated in the Form 4 with codes P for purchase and S for sale. If the transaction was an open-market transaction, that means that the insider made a conscious decision for the company's stock moving forward. Transaction codes other than P or S are often viewed with less conviction as they are often not tied to a decision by the exec. As an example, transaction code C indicates the conversion of an option. Transaction code A indicates the insider may have been forced to sell shares in order to receive compensation the exec was promised upon being hired by a company. See more from BenzingaClick here for options trades from BenzingaEarnings Scheduled For February 18, 2021© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
CBIZ establishes National Financial Services Advisory Practice and promotes Thomas Bonney as leader.