MMS MAXIMUS, INC. Insider Trading

CEO Caswell Bruce purchased 3,175 shares ($249,080.95) at $78.45 avg; stock now down 23.4% from 52-week high.

CEO Caswell Bruce completed 3 separate open-market purchases totaling 3,175 shares for $249,080.95 on 2026-02-10, increasing his holdings to 328,013 shares (+1.0%). The purchases occurred at an average price of $78.45, but the stock has since declined to $75.78 (-23.4% from the 52-week high and -21.5% over 30 days). Examining his same-ticker history at MMS, Bruce's prior two buys (2024-12-17 and 2023-08-04) generated negative 90-day returns (-3.7% and -4.2% respectively), and his prior sell on 2023-09-29 was also poorly timed, delivering +12.8% over 90 days—meaning he exited before a subsequent gain. His cross-ticker track record shows 0 of 2 prior buys were well-timed at 90 days (averaging -3.9% returns), suggesting limited predictive accuracy in his open-market entry timing. The combination of recent sharp price deterioration, negative historical timing outcomes at this ticker, and modest share count increase relative to existing holdings presents a data point requiring ongoing monitoring for any divergence from fundamental support.

CFO Mutryn David purchased 1,000 MMS shares at $75.62; holdings now 40,036 shares as stock trades -24.1% from 52-week high.

David Mutryn, Chief Financial Officer, purchased 1,000 shares at $75.62 on 2026-02-09, increasing his holdings to 40,036 shares. The purchase occurred while the stock has declined 24.1% from its 52-week high and is down 22.6% over the prior 30 days, well below the transaction price. His prior open-market transaction at this ticker (a 2024-02-16 sell) had a negative 90-day outcome, suggesting he did not anticipate the subsequent price action. The modest 2.6% addition to holdings and the company's moderate valuation (P/E of 11.01, revenue growth of 2.4% annually) provide limited context for assessing the strategic intent behind this incremental accumulation.

Director Rajan Gayathri buys 42 MMS shares at $86.11; 30-day +4.1%, prior MMS buys mixed 90d returns.

Rajan Gayathri purchased 42 shares of MAXIMUS, INC. at $86.11 on 2025-11-28, a modest addition to his 14,395-share position. Over the preceding 30 days, MMS has appreciated 4.1%, and the stock currently trades at $86.51, slightly above the transaction price. Examining his prior trades at MMS, however, reveals inconsistent outcomes: prior buys posted 90-day returns of -1.6%, +21.3%, +8.2%, and -9.8%, with only 2 of 5 prior same-ticker trades showing positive 90-day results—a 40% win rate that does not establish a reliable pattern. His cross-ticker track record across 11 prior buys shows a 54.55% 90-day win rate, marginally above coin-flip, and an average 90-day return of +0.4%, suggesting limited predictive power from his buy activity. The company's fundamentals remain stable, with 14.35 P/E and 2.4% annual revenue growth, but this routine small acquisition does not signal material new conviction.

Director Warren Michael J. purchased 14 shares of MAXIMUS at $86.11, adding to 15.5K-share position; modest follow-on accumulation.

Warren Michael J. (Director) purchased 14 shares of MAXIMUS, INC. (MMS) at $86.11 on 2025-11-28, a minimal addition to his 15,509-share position. His prior trades at this ticker show mixed outcomes: 2 of 5 prior buys were well-timed (the May 2025 buy returned +21.3% over 90 days, and the February 2025 buy returned +8.2%), but 3 of 5 were poorly timed, notably the September 2024 buy with a 90-day return of -19.7%. The current stock price of $86.51 sits only -5.3% from the 52-week high of $91.37, and the company exhibits moderate fundamentals with a P/E of 14.35 and annual revenue growth of +2.4%. The transaction's trivial size ($1,240.26 total value) and negligible impact on his holdings (+0.1%) suggest this is a routine, small-scale trade rather than a material conviction signal.

Director Warren Michael J. bought 14 MMS shares at $87.58; modest position increase to 15,470 shares post-transaction.

Warren Michael J., a director at MAXIMUS, INC., purchased 14 shares at $87.58 on 2025-08-29, a transaction of $1,236.03 that increased his holdings by 14 shares (+0.1% vs pre-transaction holdings of 15,456 shares). At the current price of $88.55, the stock is -5.0% from its 52-week high of $93.16, though it has advanced +18.2% over the preceding 30 days and +26.4% over 90 days. The company's fundamentals show Revenue of $1,348,400,000.00 with Net income of $105,981,000.00, annual revenue growth of +8.2%, and a P/E of 15.78. Examining his same-ticker history at MMS across 5 prior trades, 3 of 5 prior buys were well-timed at the 90-day mark: the May 2025 buy returned +21.3% (90d), the February 2025 buy returned +8.2% (90d), and the May 2024 buy returned +8.8% (90d), while the November 2024 and September 2024 buys were not well-timed, returning -9.8% and -19.7% respectively (90d). The purchase quantity is immaterial to his existing holdings, and no pattern analysis can yet be applied to this trade.

Director Rajan Gayathri bought 41 shares of MMS at $87.58 on 2025-08-29 (+0.3% to 14,345 holdings)

Director Rajan Gayathri acquired 41 shares at $87.58, a modest purchase representing +0.3% growth in holdings to 14,345 shares. The transaction value was $3,630.20. At the same-ticker level, Gayathri's prior 4 purchases at MMS showed mixed timing: one prior buy on 2025-05-30 returned +21.3% over 90 days, another on 2025-02-28 returned +8.2%, but purchases on 2024-11-29 and 2024-08-30 delivered negative returns of -9.8% and -21.5% respectively over the same horizon. Stock price has advanced +18.2% over the past 30 days and +26.4% over 90 days, now at $88.55, approximately -5.0% from its 52-week high of $93.16. The small share count and marginal portfolio impact make this a routine accumulation rather than a material conviction signal.

Director Ruddy Raymond B purchases 1,435 shares of MMS at $69.66; stock down 7.6% in 30 days, well below 52-week high.

Director Ruddy Raymond B purchased 1,435 shares at $69.66 on 2025-06-16, increasing his holdings to 314.6K shares. The purchase occurred at a price -25.7% from the 52-week high and the stock has declined 7.6% over the prior 30 days, suggesting the buy happened during a period of recent weakness. His same-ticker track record at MMS shows one prior buy on 2024-12-12 that posted -6.9% returns over 90 days, illustrating a pattern of purchases that have not subsequently appreciated. The company's fundamentals remain stable with 13.02 P/E and annual revenue growth of +8.2%, but the insider's historical timing at this ticker has not resulted in gains.

Director Michael J. Warren purchases 17 MMS shares at $72.29; modest $1.2K buy against 15.4K existing holding.

Director Michael J. Warren acquired 17 shares of MAXIMUS, INC. (MMS) on 2025-05-30 at $72.29, resulting in a $1.2K transaction—a negligible addition of 0.1% to his existing 15.4K share position. This buy occurred when the stock was trading 23.0% below its 52-week high of $93.16 and has gained 7.3% over the prior 30 days. His prior trading history at MMS shows mixed results: across 5 recent buys, 3 were well-timed at the 90-day mark, but the median 90-day outcome was slightly negative (net of two gains and two losses from the dated records). The small position size and routine magnitude of this purchase relative to his holdings suggest administrative or incremental portfolio activity rather than a material conviction signal. Fundamentals remain reasonable, with the company posting $1.4B revenue, $96.6M net income, 8.2% annual revenue growth, and a P/E of 13.49.

Director Rajan Gayathri sold 7,913 shares of MMS at $72.38 on 2025-05-30, reducing holdings by 35.4%; concurrent 82-share purchase at $72.29.

Rajan Gayathri executed 2 separate transactions in a single filing: selling 7.9K shares for $572.8K while purchasing 82 shares for $6.0K, resulting in a net reduction of 35.4% of his pre-transaction holdings (from 22.1K to 14.3K shares). The $72.38 sale price sits modestly above current price of $71.75, and 7.3% above the stock's 30-day return, placing the sale near recent momentum peaks. His prior trades at MMS show mixed success: 3 of 5 prior buys posted positive 90-day returns, but his cross-ticker track record averaged -1.7% over 90 days with a 55.56% win rate, indicating modest predictive reliability. The concurrent small buy at $72.29—less than 1.2% of the shares sold—does not offset the directional signal of the large liquidation, which represents a material reduction in his stake in the company where he serves as Director.

Director Rajan Gayathri buys 81 MMS shares at $66.64; stock down 27.6% from 52-week high

Director Rajan Gayathri purchased 81 shares of MAXIMUS at $66.64 on 2025-02-28, increasing holdings to 18,138 shares (a 0.5% addition). The transaction occurs as the stock trades at $67.41, down 27.6% from its 52-week high of $93.16 and down 10.5% over the past 30 days. Across his prior MMS trades, Gayathri has shown mixed timing patterns: 3 of 5 prior buys delivered positive 90-day returns, while 2 resulted in declines of up to 21.5%. His cross-ticker track record shows a 50% win rate with an average 90-day return of -2.9%, suggesting limited predictive power from his historical buying decisions. The company remains fundamentally sound with $1.4B in quarterly revenue, 8.2% annual growth, and a P/E of 13.43, but the stock's recent weakness and the insider's mixed historical performance leave the signal ambiguous.