Core Insights - Hodges Capital Management Inc. increased its stake in The GEO Group by purchasing 507,012 shares, raising its total position to over 955,000 shares valued at $19.6 million [2][6][8] Company Overview - The GEO Group provides correctional, detention, and community reentry services through secure facilities and supervision programs in the U.S., Australia, and South Africa, primarily generating revenue from long-term government contracts [5] - As of November 6, 2025, GEO's stock price was $15.41, with a market capitalization of $2.14 billion and trailing twelve months (TTM) revenue of $2.53 billion and net income of $237.28 million [4] Financial Performance - GEO reported a 13.1% increase in revenue to $682.3 million for the third quarter, with adjusted earnings per share rising 19% to $0.25 compared to $0.21 in the same period last year [7][10] - Despite revenue and earnings growth, the market reacted negatively to the earnings release, leading to a 10% drop in share price over the following two days, likely due to fourth-quarter guidance concerns [10] Investment Position - The increase in GEO shares by Hodges Capital Management represents 1.7% of its reportable U.S. equity assets under management (AUM) [9] - The fund's top five holdings include significant positions in NASDAQ: WULF, NASDAQ: NVDA, NYSE: UBER, NYSE: TPL, and NYSE: CLF, with GEO being the 15th largest holding [9]