ServiceMaster Global Holdings, Inc. (NYSE:SERV) insider Timothy M. Haynes sold 5,000 shares of ServiceMaster Global Holdings stock in a transaction that occurred on Friday, August 25th. The shares were sold at an average price of $45.90, for a total value of $229,500.00. Following the completion of the sale, the insider now directly owns 22,335 shares in the company, valued at approximately $1,025,176.50. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Shares of ServiceMaster Global Holdings, Inc. (NYSE:SERV) opened at 46.10 on Thursday. The stock’s 50 day moving average is $42.51 and its 200-day moving average is $40.12. The firm has a market capitalization of $6.15 billion, a P/E ratio of 28.11 and a beta of 1.05. ServiceMaster Global Holdings, Inc. has a 52-week low of $32.41 and a 52-week high of $46.22.

ServiceMaster Global Holdings (NYSE:SERV) last announced its quarterly earnings data on Monday, July 31st. The business services provider reported $0.69 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.69. ServiceMaster Global Holdings had a return on equity of 40.74% and a net margin of 7.92%. The firm had revenue of $807 million during the quarter, compared to the consensus estimate of $806.64 million. During the same quarter in the previous year, the company posted $0.67 earnings per share. The business’s revenue was up 8.0% on a year-over-year basis. On average, equities analysts forecast that ServiceMaster Global Holdings, Inc. will post $2.04 earnings per share for the current fiscal year.

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A number of research firms have recently issued reports on SERV. BidaskClub downgraded shares of ServiceMaster Global Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Morgan Stanley reiterated an “overweight” rating and set a $48.00 price target on shares of ServiceMaster Global Holdings in a research report on Friday, June 23rd. Credit Suisse Group reiterated an “outperform” rating and set a $52.00 price target (up from $47.00) on shares of ServiceMaster Global Holdings in a research report on Tuesday, August 1st. Royal Bank Of Canada reiterated a “buy” rating and set a $44.00 price target on shares of ServiceMaster Global Holdings in a research report on Tuesday, June 27th. Finally, Instinet lifted their price target on shares of ServiceMaster Global Holdings from $30.00 to $32.00 and gave the company a “reduce” rating in a research report on Thursday, May 25th. Two analysts have rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. ServiceMaster Global Holdings has a consensus rating of “Hold” and a consensus price target of $43.57.

Several institutional investors have recently made changes to their positions in SERV. SG Americas Securities LLC acquired a new position in shares of ServiceMaster Global Holdings during the first quarter worth approximately $100,000. FNY Partners Fund LP acquired a new position in shares of ServiceMaster Global Holdings during the first quarter worth approximately $104,000. The Manufacturers Life Insurance Company increased its position in shares of ServiceMaster Global Holdings by 18.5% in the second quarter. The Manufacturers Life Insurance Company now owns 4,529 shares of the business services provider’s stock worth $177,000 after buying an additional 708 shares in the last quarter. Cannell Capital LLC acquired a new position in shares of ServiceMaster Global Holdings during the first quarter worth approximately $179,000. Finally, BNP Paribas Arbitrage SA increased its position in shares of ServiceMaster Global Holdings by 117.8% in the second quarter. BNP Paribas Arbitrage SA now owns 4,559 shares of the business services provider’s stock worth $179,000 after buying an additional 2,466 shares in the last quarter.

ServiceMaster Global Holdings Company Profile

ServiceMaster Global Holdings, Inc is a provider of essential residential and commercial services. The Company operates through three segments: Terminix, American Home Shield and the Franchise Services Group. Its portfolio of brands includes Terminix, American Home Shield, ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec.

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

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