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Director of CoreCivic Inc (NYSE:CXW), Marshall Thurgood Jr, sold 6,000 shares of common stock on September 9, 2025, at a price of $20.52, for a total of $123,120. Following the transaction, Thurgood Jr. directly owns 44,023 shares of CoreCivic. The stock, which has delivered a robust 54.6% return over the past year, currently appears undervalued according to InvestingPro analysis. Despite this individual sale, management has been actively buying back shares, and analysts have set price targets ranging from $28 to $38.Get access to 8 more InvestingPro Tips and comprehensive analysis in the Pro Research Report, helping you make informed investment decisions.
In other recent news, CoreCivic Inc. reported impressive financial results for the second quarter of 2025, surpassing analysts’ earnings expectations. The company achieved an earnings per share of $0.36, which is 71.43% higher than the forecasted $0.21. Revenue also exceeded projections, coming in at $538.2 million compared to the expected $499.02 million, marking a 7.85% increase. Additionally, CoreCivic announced a new contract to reactivate its previously idle West Tennessee Detention Facility under an agreement with U.S. Immigration and Customs Enforcement. This contract, which includes fixed and per diem payments, is set to run until August 2030, with options for extension. In leadership changes, CoreCivic has named Patrick D. Swindle as the next President and Chief Executive Officer, effective January 1, 2026. Swindle will succeed Damon T. Hininger, who has led the company since 2009. These developments highlight CoreCivic’s ongoing strategic and operational initiatives.
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