ServiceMaster Global Holdings, Inc. (NYSE:SERV) insider Timothy M. Haynes sold 45,623 shares of the stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $44.48, for a total value of $2,029,311.04. Following the sale, the insider now owns 29,833 shares of the company’s stock, valued at approximately $1,326,971.84. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Shares of ServiceMaster Global Holdings, Inc. (NYSE SERV) traded down 0.45% during mid-day trading on Friday, reaching $44.60. The company had a trading volume of 1,067,253 shares. The firm’s 50-day moving average is $39.89 and its 200 day moving average is $39.22. ServiceMaster Global Holdings, Inc. has a 12 month low of $32.41 and a 12 month high of $45.13. The company has a market capitalization of $5.95 billion, a price-to-earnings ratio of 27.20 and a beta of 1.05.

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

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SERV has been the subject of several recent analyst reports. Royal Bank Of Canada restated a “buy” rating and set a $44.00 target price on shares of ServiceMaster Global Holdings in a research note on Tuesday, June 27th. Zacks Investment Research upgraded ServiceMaster Global Holdings from a “sell” rating to a “hold” rating in a research note on Thursday, April 13th. Credit Suisse Group restated an “outperform” rating and set a $52.00 target price (up previously from $47.00) on shares of ServiceMaster Global Holdings in a research note on Tuesday. J P Morgan Chase & Co initiated coverage on ServiceMaster Global Holdings in a research note on Thursday, April 20th. They set an “overweight” rating and a $49.00 target price for the company. Finally, Piper Jaffray Companies restated an “overweight” rating and set a $49.00 target price on shares of ServiceMaster Global Holdings in a research note on Thursday, April 6th. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. ServiceMaster Global Holdings presently has a consensus rating of “Hold” and an average price target of $43.57.

A number of institutional investors have recently made changes to their positions in the company. Russell Investments Group Ltd. acquired a new position in shares of ServiceMaster Global Holdings during the fourth quarter worth $169,000. Quadrature Capital Ltd acquired a new position in shares of ServiceMaster Global Holdings during the fourth quarter worth $580,000. Teachers Advisors LLC increased its position in shares of ServiceMaster Global Holdings by 6.7% in the fourth quarter. Teachers Advisors LLC now owns 152,005 shares of the business services provider’s stock worth $5,726,000 after buying an additional 9,502 shares during the period. AMI Asset Management Corp acquired a new position in shares of ServiceMaster Global Holdings during the first quarter worth $1,981,000. Finally, State of Alaska Department of Revenue acquired a new position in shares of ServiceMaster Global Holdings during the first quarter worth $288,000.

About ServiceMaster Global Holdings

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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