{
  "id": 4943002,
  "title": "CoreCivic chief administrative officer Cole Carter sells $405,500 in stock",
  "url": "https://urgent.news/2026/09/01/corecivic-chief-administrative-officer-cole-carter-sells-405-500-in",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T21:15:57.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/corecivic-chief-administrative-officer-cole-carter-sells-405500-in-stock-93CH-4884662"
  },
  "original_language": "en",
  "account": "CoreCivic's Chief Administrative Officer, Cole Carter, recently sold 12,500 shares of the company's common stock on September 1, 2026 for a total of $405,500. The shares were traded at prices between $32.43 and $32.50. The sale occurred as CoreCivic's stock was trading close to $32.72, with a 74% increase year-to-date. InvestingPro analysis indicates that the company may be overvalued at present, with a P/E ratio of 25.9 and a market capitalization of $3.21 billion. The transaction was carried out under a previously approved Rule 10b5-1 trading plan by Mr. Carter. After the sale, he now owns 178,383 shares of CoreCivic common stock. For additional analysis, InvestingPro provides 11 ProTips and a detailed Pro Research Report on CoreCivic. CoreCivic also recently reported stronger-than-expected Q2 2026 earnings, with adjusted earnings per share of $0.38, beating analyst expectations of $0.33. Revenue exceeded forecasts at $684.9 million compared to the estimated $615.79 million. The company announced a $500 million accelerated share repurchase agreement, part of its existing $755.8 million share buyback program, leaving about $255.8 million for future purchases. Recent facility sales have improved CoreCivic's liquidity and reduced debt, which have pleased investors and analysts.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Motley Fool",
        "title": "Lyft Chief Accounting Officer Sells Nearly 6,000 Shares After the Stock Moved Higher on Strong Earnings Results",
        "url": "https://urgent.news/2026/09/01/lyft-chief-accounting-officer-sells-nearly-6-000-shares-after-the",
        "published": "2026-09-01T18:00:02.000Z"
      },
      {
        "outlet": "Nasdaq Markets",
        "title": "Star Bulk Carriers Chief Strategy Officer Sells 10,825 Shares",
        "url": "https://urgent.news/2026/09/01/star-bulk-carriers-chief-strategy-officer-sells-10-825-shares-4944335",
        "published": "2026-09-01T21:00:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}