ServiceMaster Global Holdings Inc. (NYSE:SERV) CEO Robert J. Gillette sold 150,000 shares of the firm’s stock in a transaction on Tuesday, November 8th. The shares were sold at an average price of $36.47, for a total value of $5,470,500.00. Following the transaction, the chief executive officer now owns 294,365 shares in the company, valued at approximately $10,735,491.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Shares of ServiceMaster Global Holdings Inc. (NYSE:SERV) opened at 35.37 on Friday. The company has a market cap of $4.77 billion, a P/E ratio of 34.64 and a beta of 1.06. ServiceMaster Global Holdings Inc. has a 12 month low of $32.41 and a 12 month high of $42.21. The company’s 50-day moving average price is $34.68 and its 200-day moving average price is $37.13.

ServiceMaster Global Holdings (NYSE:SERV) last announced its quarterly earnings results on Tuesday, October 25th. The company reported $0.59 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.59. ServiceMaster Global Holdings had a return on equity of 44.95% and a net margin of 5.23%. The business had revenue of $758 million for the quarter, compared to analyst estimates of $758 million. During the same quarter in the prior year, the company posted $0.54 EPS. The company’s quarterly revenue was up 7.4% on a year-over-year basis. Equities analysts forecast that ServiceMaster Global Holdings Inc. will post $2.00 EPS for the current fiscal year.

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

Several institutional investors have recently made changes to their positions in SERV. Geode Capital Management LLC raised its position in shares of ServiceMaster Global Holdings by 3.2% in the first quarter. Geode Capital Management LLC now owns 886,226 shares of the company’s stock valued at $33,392,000 after buying an additional 27,079 shares during the period. State Street Corp raised its position in shares of ServiceMaster Global Holdings by 3.4% in the first quarter. State Street Corp now owns 1,284,540 shares of the company’s stock valued at $48,404,000 after buying an additional 42,508 shares during the period. Prudential Financial Inc. acquired a new position in shares of ServiceMaster Global Holdings during the first quarter valued at approximately $827,000. Westpac Banking Corp acquired a new position in shares of ServiceMaster Global Holdings during the second quarter valued at approximately $620,000. Finally, Boston Advisors LLC raised its position in shares of ServiceMaster Global Holdings by 4.1% in the second quarter. Boston Advisors LLC now owns 446,010 shares of the company’s stock valued at $17,751,000 after buying an additional 17,705 shares during the period.

SERV has been the topic of several research reports. Nomura lowered ServiceMaster Global Holdings from a “neutral” rating to a “reduce” rating and cut their price target for the company from $36.00 to $31.00 in a research note on Monday, September 19th. Zacks Investment Research downgraded ServiceMaster Global Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, August 2nd. TheStreet downgraded ServiceMaster Global Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, August 23rd. Finally, Morgan Stanley began coverage on ServiceMaster Global Holdings in a research report on Monday, August 1st. They set an “overweight” rating and a $45.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. ServiceMaster Global Holdings presently has a consensus rating of “Hold” and a consensus price target of $42.86.

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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