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Executive Chairman of Geo Group (NYSE:GEO), George C. Zoley, sold 93,528 shares of common stock over three days for a total of $1.95 million, according to a Form 4 filing with the Securities and Exchange Commission. The sale comes as GEO’s stock has delivered a remarkable 58% return over the past year, despite recent market volatility. According to InvestingPro analysis, the company appears slightly undervalued at its current market capitalization of $2.96 billion.
The sales occurred between September 8 and September 10, with prices ranging from $20.5076 to $21.5207 per share. On September 8, Zoley sold 31,176 shares. On September 9, he sold another 31,176 shares, and on September 10, he sold a further 31,176 shares. The stock currently trades at $21.30, with a P/E ratio of 33, reflecting the market’s growth expectations.
These transactions were connected to a pre-arranged estate planning strategy involving a total of 155,881 shares, which began on September 4, 2025. Following these transactions, Zoley directly owns 3,850,904 shares of common stock and 50,000 shares of restricted stock in Geo Group. For deeper insights into GEO’s valuation and 12+ key financial metrics, access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Geo Group Inc . reported earnings for the second quarter of 2025 that surpassed analyst expectations. The company achieved earnings per share of $0.22, exceeding the forecast of $0.17. Revenue also outperformed predictions, reaching $636.2 million compared to the anticipated $621.99 million. In legal developments, Geo Group announced that the United States Court of Appeals for the Ninth Circuit denied its petition for a rehearing in two related wage cases. These cases involve claims that Washington State minimum wage laws should apply to detainees working voluntarily at the Northwest ICE Processing Center, which Geo Group operates under a contract with the U.S. Department of Homeland Security. Six judges dissented from the denial, issuing two dissenting opinions. These recent developments highlight significant financial and legal updates for Geo Group.
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