CoreCivic EVP grande sells $442k in shares

Published 11/09/2025, 00:04
CoreCivic EVP grande sells $442k in shares

Anthony L. Grande, Executive Vice President and Chief Development Officer at CoreCivic, Inc. (NYSE:CXW), sold a total of 22,500 shares of the company’s common stock on September 8th and 9th, 2025. The sales amounted to $442905. The transaction comes as CoreCivic shows strong momentum, with the stock delivering a 54.6% return over the past year. According to InvestingPro analysis, the company currently trades below its Fair Value, suggesting potential upside opportunity.

On September 8, Grande sold 10,000 shares in multiple transactions at prices ranging from $19.635 to $19.6613. On September 9, he sold 12,500 shares in multiple transactions at prices ranging from $19.69 to $19.7297. Following these transactions, Grande directly owns 158,059 shares of CoreCivic, Inc. Despite this insider sale, InvestingPro data reveals management has been actively buying back shares, with analyst targets ranging from $28 to $38. Get access to 8 more exclusive ProTips and comprehensive analysis with an InvestingPro subscription.

In other recent news, CoreCivic, Inc. reported impressive financial results for the second quarter of 2025, surpassing earnings expectations. The company achieved an earnings per share (EPS) of $0.36, significantly beating the projected $0.21, marking a 71.43% increase. Revenue also exceeded forecasts, totaling $538.2 million compared to the anticipated $499.02 million, reflecting a 7.85% rise. Additionally, CoreCivic has secured a contract to reactivate its previously idle 600-bed West Tennessee Detention Facility under an agreement with U.S. Immigration and Customs Enforcement (ICE). This contract, which extends until August 2030, includes fixed monthly payments and additional per diem payments based on detainee populations. Furthermore, CoreCivic announced a leadership change, with Patrick D. Swindle set to become the President and Chief Executive Officer effective January 1, 2026. Swindle, who will also join the Board of Directors, will succeed Damon T. Hininger. These developments highlight CoreCivic’s strategic initiatives and financial performance.

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