CoreCivic (NYSE:CXW) EVP Sells $27,234.00 in Stock

August 15, 2026 by InsiderTrades.com

Key Points

Director Harley Lappin sold 22,032 CoreCivic shares at an average price of $33.02, generating approximately $727,497 and reducing his ownership by 29.24%.
CoreCivic authorized a $500 million stock buyback, allowing it to repurchase up to 15.7% of outstanding shares. The plan signals management’s belief that the stock may be undervalued.
Analyst sentiment remains positive: CoreCivic has a consensus “Buy” rating and a $37 average price target, while Benchmark raised its target to $45. However, the stock is near its 52-week high and several insiders have recently sold shares.

CoreCivic, Inc. (NYSE:CXW - Get Free Report) EVP Anthony Grande sold 801 shares of the company's stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $34.00, for a total value of $27,234.00. Following the completion of the transaction, the executive vice president directly owned 193,981 shares in the company, valued at approximately $6,595,354. The trade was a 0.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

CoreCivic Trading Up 3.5%

CoreCivic stock opened at $32.71 on Friday. The company's fifty day moving average price is $30.30 and its two-hundred day moving average price is $23.36. CoreCivic, Inc. has a one year low of $15.73 and a one year high of $34.86. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.32 and a quick ratio of 1.32. The company has a market capitalization of $3.23 billion, a price-to-earnings ratio of 26.17 and a beta of 0.58.

CoreCivic declared that its board has approved a share buyback plan on Monday, August 10th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the real estate investment trust to reacquire up to 15.7% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.

Institutional Investors Weigh In On CoreCivic

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CXW. NBC Securities Inc. grew its holdings in CoreCivic by 533.9% during the fourth quarter. NBC Securities Inc. now owns 1,458 shares of the real estate investment trust's stock valued at $28,000 after purchasing an additional 1,228 shares during the period. Persistent Asset Partners Ltd acquired a new position in shares of CoreCivic in the 2nd quarter valued at $52,000. Leonteq Securities AG bought a new stake in shares of CoreCivic in the 4th quarter valued at $57,000. Smartleaf Asset Management LLC raised its stake in CoreCivic by 33.0% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,829 shares of the real estate investment trust's stock worth $59,000 after buying an additional 702 shares during the period. Finally, Fifth Third Bancorp raised its stake in CoreCivic by 320.7% during the 4th quarter. Fifth Third Bancorp now owns 3,340 shares of the real estate investment trust's stock worth $64,000 after buying an additional 2,546 shares during the period. Institutional investors own 85.13% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CXW. Wall Street Zen raised shares of CoreCivic from a "hold" rating to a "buy" rating in a report on Monday, August 10th. Weiss Ratings raised CoreCivic from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, July 1st. Noble Financial reiterated an "outperform" rating on shares of CoreCivic in a research note on Monday. Northland Securities set a $40.00 target price on shares of CoreCivic in a report on Friday, June 26th. Finally, JonesTrading restated a "buy" rating and set a $30.00 price target on shares of CoreCivic in a research report on Wednesday, August 5th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of "Buy" and an average price target of $37.00.

Get Our Latest Research Report on CXW

CoreCivic News Roundup

Here are the key news stories impacting CoreCivic this week:

Positive Sentiment: Noble Financial raised earnings forecasts: The firm lifted its Q3 2026 EPS estimate to $0.64 from $0.62, Q4 to $0.78 from $0.71, FY2026 to $2.70 from $2.61, and FY2027 to $3.62 from $3.19. Noble maintained an “Outperform” rating, indicating increased confidence in CoreCivic’s earnings outlook. Noble Financial increases CoreCivic earnings estimates
Positive Sentiment: $500 million buyback supports the stock: CoreCivic’s board authorized repurchases of up to approximately 15.7% of outstanding shares. The plan could boost future earnings per share, provide buying support and signal that management believes the stock is undervalued.
Positive Sentiment: Analyst sentiment remains favorable: CoreCivic has a reported consensus “Buy” rating and an average price target of $37. Benchmark recently raised its target to $45, reinforcing the potential for additional upside if the improved earnings outlook is delivered.
Neutral Sentiment: Valuation leaves less room for disappointment: The shares are trading near their 52-week high and above both their 50-day and 200-day moving averages. Investors may expect upcoming quarterly results to validate Noble’s higher forecasts, increasing the risk of volatility if results fall short.
Negative Sentiment: Multiple insiders sold shares: EVP Lucibeth Mayberry sold 120,000 shares for about $4.0 million, reducing her holdings by 44.56%. Director Devin Ignatius Murphy sold 8,098 shares worth roughly $274,000, while CFO David Garfinkle sold a combined 3,661 shares for approximately $125,000. The CFO retained a substantial position, but the cluster of sales may weigh on sentiment. CoreCivic insider sales

CoreCivic Company Profile

(Get Free Report)

CoreCivic, Inc (NYSE: CXW) is a real estate investment trust specializing in the ownership, management and operation of private correctional and detention facilities in the United States. The company enters into contracts with federal, state and local government agencies to house inmates and detainees in facilities that it owns or operates on a concession basis. In addition to traditional prison operations, CoreCivic provides specialized services such as community-based reentry programs, electronic monitoring and rehabilitation initiatives aimed at reducing recidivism.

CoreCivic's portfolio encompasses a mix of adult correctional facilities, immigration detention centers, residential reentry centers and other community-based programs.