ServiceMaster Global Holdings Inc. (NYSE:SERV) CEO Robert J. Gillette sold 343,750 shares of the business’s stock in a transaction dated Wednesday, November 9th. The shares were sold at an average price of $36.42, for a total value of $12,519,375.00. Following the completion of the sale, the chief executive officer now owns 294,365 shares in the company, valued at $10,720,773.30. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

ServiceMaster Global Holdings Inc. (NYSE:SERV) opened at 36.81 on Thursday. ServiceMaster Global Holdings Inc. has a one year low of $32.41 and a one year high of $42.21. The stock has a market cap of $4.96 billion, a price-to-earnings ratio of 36.05 and a beta of 1.06. The stock’s 50 day moving average price is $34.64 and its 200 day moving average price is $37.14.

ServiceMaster Global Holdings (NYSE:SERV) last released its quarterly earnings data on Tuesday, October 25th. The company reported $0.59 EPS for the quarter, meeting the consensus estimate of $0.59. ServiceMaster Global Holdings had a return on equity of 44.95% and a net margin of 5.23%. The company had revenue of $758 million for the quarter, compared to analysts’ expectations of $758 million. During the same period last year, the firm posted $0.54 earnings per share. ServiceMaster Global Holdings’s revenue was up 7.4% compared to the same quarter last year. Equities analysts predict that ServiceMaster Global Holdings Inc. will post $2.00 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for ServiceMaster Global Holdings (NYSE:SERV)

SERV has been the topic of a number of research reports. Morgan Stanley set a $45.00 price objective on ServiceMaster Global Holdings and gave the company a “buy” rating in a research note on Wednesday, September 21st. Zacks Investment Research upgraded ServiceMaster Global Holdings from a “hold” rating to a “buy” rating and set a $45.00 price objective on the stock in a research note on Wednesday, July 13th. TheStreet cut ServiceMaster Global Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, August 23rd. Finally, Nomura lowered their price objective on ServiceMaster Global Holdings from $37.00 to $36.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 16th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $42.86.

Several large investors have recently added to or reduced their stakes in SERV. Northern Trust Corp boosted its position in shares of ServiceMaster Global Holdings by 0.7% in the third quarter. Northern Trust Corp now owns 720,742 shares of the company’s stock valued at $24,274,000 after buying an additional 4,817 shares during the last quarter. Westpac Banking Corp boosted its position in shares of ServiceMaster Global Holdings by 1.1% in the third quarter. Westpac Banking Corp now owns 15,756 shares of the company’s stock valued at $531,000 after buying an additional 175 shares during the last quarter. California State Teachers Retirement System boosted its position in shares of ServiceMaster Global Holdings by 0.8% in the third quarter. California State Teachers Retirement System now owns 289,191 shares of the company’s stock valued at $9,740,000 after buying an additional 2,400 shares during the last quarter. Schroder Investment Management Group boosted its position in shares of ServiceMaster Global Holdings by 32.4% in the third quarter. Schroder Investment Management Group now owns 472,700 shares of the company’s stock valued at $15,921,000 after buying an additional 115,700 shares during the last quarter. Finally, Engineers Gate Manager LP purchased a new position in shares of ServiceMaster Global Holdings during the third quarter valued at about $269,000.

About ServiceMaster Global Holdings

ServiceMaster Global Holdings, Inc is a holding company. The Company is a provider of essential residential and commercial services. Its services include termite and pest control, home warranties, disaster restoration, janitorial, residential cleaning, furniture repair and home inspection. The Company operates through three segments: Terminix, American Home Shield and the Franchise Services Group.

5 Day Chart for NYSE:SERV

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