CoreCivic, Inc. $CXW Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP boosted its holdings in CoreCivic, Inc. (NYSE:CXW) by 316.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 80,070 shares of the real estate investment trust’s stock after buying an additional 60,841 shares during the quarter. Quantinno Capital Management LP’s holdings in CoreCivic were worth $1,514,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CXW. Vanguard Group Inc. lifted its holdings in CoreCivic by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 12,713,519 shares of the real estate investment trust’s stock worth $242,955,000 after buying an additional 138,846 shares during the last quarter. River Road Asset Management LLC increased its holdings in shares of CoreCivic by 3.3% in the 4th quarter. River Road Asset Management LLC now owns 8,978,240 shares of the real estate investment trust’s stock valued at $171,574,000 after acquiring an additional 287,108 shares during the last quarter. Lee Danner & Bass Inc. raised its position in shares of CoreCivic by 273.1% during the 1st quarter. Lee Danner & Bass Inc. now owns 2,173,498 shares of the real estate investment trust’s stock worth $41,101,000 after acquiring an additional 1,590,940 shares in the last quarter. Rubric Capital Management LP raised its position in shares of CoreCivic by 140.6% during the 3rd quarter. Rubric Capital Management LP now owns 1,961,446 shares of the real estate investment trust’s stock worth $39,915,000 after acquiring an additional 1,146,166 shares in the last quarter. Finally, Balyasny Asset Management L.P. lifted its stake in CoreCivic by 361.3% during the second quarter. Balyasny Asset Management L.P. now owns 1,260,637 shares of the real estate investment trust’s stock worth $26,562,000 after purchasing an additional 987,375 shares during the last quarter. 85.13% of the stock is currently owned by institutional investors and hedge funds.

Key CoreCivic News

Here are the key news stories impacting CoreCivic this week:

• Positive Sentiment: Large buyback supports valuation: CoreCivic authorized a $500 million repurchase program, allowing the company to buy back as much as 15.7% of its outstanding shares. The authorization may support earnings per share and signals that management views the stock as undervalued. CoreCivic shares climb 5% after launching $500 million accelerated buyback
• Positive Sentiment: Higher FY2027 forecast: Noble Financial raised its FY2027 earnings-per-share estimate to $3.19 from $2.73 and maintained an “Outperform” rating. The increase suggests expectations for stronger profitability over the longer term.
• Neutral Sentiment: Mixed earnings revisions: Noble Financial lowered its Q3 2026 EPS estimate to $0.62 from $0.68 and trimmed its FY2026 estimate to $2.61 from $2.64. However, the firm’s longer-term FY2027 upgrade partially offsets the near-term caution.
• Neutral Sentiment: Q2 earnings-call discussion: Coverage of the company’s top analyst questions from its second-quarter earnings call could provide additional insight into operating trends, facility demand, government contracts and management’s outlook. The top 5 analyst questions from CoreCivic’s Q2 earnings call
• Negative Sentiment: Insider selling adds pressure: EVP Lucibeth Mayberry sold 120,000 shares worth approximately $4.0 million, reducing her holdings by 44.56%. Director Devin Ignatius Murphy also sold 8,098 shares worth about $273,600. While insider sales do not necessarily indicate deteriorating fundamentals, the size and timing of the transactions may concern investors.
• Negative Sentiment: Short interest increased sharply: Shares sold short rose 65.8% from mid-July to July 31, reaching about 3.57 million shares, or 3.7% of the float. The increase indicates growing bearish positioning and may contribute to volatility.

CoreCivic Trading Down 1.2%

NYSE:CXW opened at $33.52 on Thursday. The company has a market capitalization of $3.31 billion, a PE ratio of 26.82 and a beta of 0.58. CoreCivic, Inc. has a 52-week low of $15.73 and a 52-week high of $34.86. The stock’s 50 day moving average price is $29.94 and its 200 day moving average price is $23.21. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.86.

CoreCivic declared that its Board of Directors has initiated a stock buyback plan on Monday, August 10th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the real estate investment trust to buy up to 15.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Benchmark upped their price target on CoreCivic from $41.00 to $45.00 and gave the company a “buy” rating in a report on Friday, August 7th. UBS Group set a $35.00 price objective on shares of CoreCivic in a report on Tuesday, July 7th. Northland Securities set a $40.00 target price on shares of CoreCivic in a report on Friday, June 26th. Noble Financial reaffirmed an “outperform” rating on shares of CoreCivic in a research report on Monday. Finally, Weiss Ratings upgraded shares of CoreCivic from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, July 1st. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, CoreCivic currently has an average rating of “Buy” and a consensus target price of $37.00.

Insiders Place Their Bets

In other CoreCivic news, Director Devin Ignatius Murphy sold 8,098 shares of CoreCivic stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $33.79, for a total value of $273,631.42. Following the transaction, the director directly owned 63,826 shares in the company, valued at approximately $2,156,680.54. The trade was a 11.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Lucibeth Mayberry sold 120,000 shares of the company’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $33.29, for a total transaction of $3,994,800.00. Following the completion of the sale, the executive vice president directly owned 149,329 shares of the company’s stock, valued at $4,971,162.41. The trade was a 44.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.76% of the company’s stock.

CoreCivic Company Profile

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.