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CBIZ, Inc. (NYSE:CBZ) Director Wiley Benaree Pratt recently sold 6,526 shares of the company’s common stock. The transaction, which took place on March 6, 2025, was executed at a weighted average price of approximately $71.75 per share, resulting in a total sale value of $468,214. The sale comes as CBIZ, with a market capitalization of $3.72 billion, has seen its stock decline by about 9% over the past week, with technical indicators from InvestingPro suggesting the stock is in oversold territory.
Following this transaction, Pratt now holds 41,759 shares indirectly through a trust, while directly owning 3,460 shares. The sale was part of a broader strategy, with shares being sold within a price range of $71.55 to $72.05. The transaction was reported in a Form 4 filing with the Securities and Exchange Commission. Despite recent price volatility, CBIZ maintains strong fundamentals, with revenue growth of 14% in the last twelve months. InvestingPro subscribers can access 12+ additional exclusive insights and detailed valuation metrics for CBIZ, including comprehensive Fair Value analysis and growth projections.
In other recent news, CBIZ Inc . reported its fourth-quarter 2024 earnings, surpassing market expectations with an earnings per share (EPS) of -0.20 against a forecast of -0.22. The company’s revenue also exceeded predictions, reaching $460.28 million compared to the anticipated $353 million. CBIZ’s full-year revenue increased by 14%, totaling $2.9 billion, highlighting strong financial performance and effective management strategies. Additionally, CBIZ completed a significant acquisition, cementing its position as the 7th largest accounting firm in the U.S. through the acquisition of Markham. This move is expected to enhance CBIZ’s capabilities and service offerings.
Looking ahead, CBIZ has set a revenue guidance of $2.9 to $2.95 billion for 2025, with an adjusted EPS guidance of $3.60 to $3.65. The company plans to focus on organic growth, targeting mid-single-digit increases. In terms of analyst activity, CBIZ’s stock was not subject to any recent upgrades or downgrades, but the company remains under observation for its strategic moves. The firm has also outlined potential risks, such as integration challenges following the Markham acquisition and economic uncertainties impacting client demand. Despite these challenges, CBIZ’s leadership expressed optimism, citing the company’s strategic achievements and growth opportunities.
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