Maximus Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NYSE:MMS Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
28 Nov 25	BuyUS$1,240	Michael Warren	Individual	14.4	US$86.11
28 Nov 25	BuyUS$3,643	Gayathri Rajan	Individual	42.3	US$86.11
29 Aug 25	BuyUS$1,236	Michael Warren	Individual	14.11	US$87.58
29 Aug 25	BuyUS$3,630	Gayathri Rajan	Individual	41.45	US$87.58
16 Jun 25	BuyUS$99,962	Raymond Ruddy	Individual	1,435	US$69.66
30 May 25	BuyUS$1,231	Michael Warren	Individual	17.03	US$72.29
30 May 25	BuyUS$5,979	Gayathri Rajan	Individual	82.71	US$72.29
30 May 25	SellUS$572,778	Gayathri Rajan	Individual	7,913.48	US$72.38
28 Feb 25	BuyUS$5,417	Gayathri Rajan	Individual	81.28	US$66.64
28 Feb 25	BuyUS$1,225	Michael Warren	Individual	18.39	US$66.65
19 Feb 25	SellUS$988,030	Ilene Baylinson	Individual	14,500	US$68.14

Insider Trading Volume

Insider Buying: MMS insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of MMS?
Owner Type	Number of Shares	Ownership Percentage
State or Government	29,467	0.0509%
Individual Insiders	699,328	1.21%
Institutions	57,202,872	98.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 79.63% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
14.6%	BlackRock, Inc.	7,950,477	US$713.9m	9.24%	0.01%
13.7%	FMR LLC	7,439,965	US$668.0m	0.43%	0.03%
11.8%	The Vanguard Group, Inc.	6,401,712	US$574.8m	-1.11%	0.01%
4.66%	State Street Global Advisors, Inc.	2,540,121	US$228.1m	-2.15%	0.01%
4.13%	Mackenzie Financial Corporation	2,249,086	US$201.9m	-10.1%	0.18%
3.43%	Dimensional Fund Advisors LP	1,869,573	US$167.9m	2.02%	0.02%
3.19%	Fuller & Thaler Asset Management, Inc.	1,734,928	US$155.8m	-0.22%	0.51%
2.71%	Geode Capital Management, LLC	1,476,949	US$132.6m	0.73%	0.01%
2.13%	Van Berkom and Associates Inc.	1,161,125	US$104.3m	-8.25%	2.89%
1.86%	Strategic Advisers LLC	1,012,059	US$90.9m	-3.01%	0.03%
1.77%	Boston Partners Global Investors, Inc.	966,139	US$86.7m	43.1%	0.05%
1.69%	Reinhart Partners, LLC	921,578	US$82.7m	0.84%	2.57%
1.44%	Charles Schwab Investment Management, Inc.	785,319	US$70.5m	-9.97%	0.01%
1.36%	Northern Trust Global Investments	738,636	US$66.3m	-0.89%	0.01%
1.32%	Stephens Investment Management Group, LLC	720,943	US$64.7m	49%	0.82%
1.26%	Hermes Investment Management Limited	684,048	US$61.4m	1.49%	0.37%
1.25%	Norges Bank Investment Management	682,143	US$61.2m	0%	no data
1.02%	Sio Capital Management, LLC	557,615	US$50.1m	1.74%	10.29%
1.01%	BNY Asset Management	548,535	US$49.3m	0.84%	0.01%
0.98%	AQR Capital Management, LLC	534,650	US$48.0m	-46.5%	0.03%
0.97%	Allspring Global Investments, LLC	526,893	US$47.3m	13.9%	0.07%
0.96%	Janus Henderson Group plc	523,598	US$47.0m	-1.23%	0.02%
0.96%	Millennium Management LLC	522,577	US$46.9m	1,020%	0.03%
0.82%	UBS Asset Management AG	446,897	US$40.1m	-14.6%	no data
0.69%	Wellington Management Group LLP	374,108	US$33.6m	6.28%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/01/06 13:42
End of Day Share Price	2026/01/06 00:00
Earnings	2025/09/30
Annual Earnings	2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Maximus, Inc. is covered by 12 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Matthew Gillmor	Baird
Richard Close	Canaccord Genuity
Constantine Davides	Citizens JMP Securities, LLC