The EVP, Chief Development Officer of Corrections Corp of America (NYSE: CXW) is Selling Shares

Yesterday, the EVP, Chief Development Officer of Corrections Corp of America (NYSE: CXW), Anthony Grande, sold shares of CXW for $328.8k.

Based on Corrections Corp`s latest earnings report from June 30, the company posted quarterly revenue of $459.3M and quarterly net profit of $65.3M. In comparison, last year the company earned revenue of $410.7M and had a net profit of $55.73M. The company has a one year high of $41.09 and a one year low of $31.37. CXW’s market cap is $3.84B and the company has a P/E ratio of 18.3%.

Looking at blogger coverage of CXW, there is a 100% Bullish tendency on the stock, in relation to a 69% average bullish tendency within the Financial sector.

Over the last 3 months, the insider sentiment on Corrections Corp has been neutral based on 64 corporate insider transactions. This sentiment is slightly lower than the average sector sentiment of insiders.

Corrections Corp of America is an owner and operator of privatized correctional and detention facilities and a prison operator in United States.