Insider Selling: Ralph Struzziero Sells 4,966 Shares of Kforce Stock (KFRC)
Kforce (NASDAQ:KFRC) Director Ralph Struzziero sold 4,966 shares of the company’s stock on the open market in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $17.07, for a total transaction of $84,769.62. Following the completion of the sale, the director now directly owns 45,346 shares of the company’s stock. The transaction was disclosed in a filing with the SEC, which is available at this link.
Several analysts have recently commented on the stock. Analysts at SunTrust raised their price target on shares of Kforce (NASDAQ:KFRC) from $14.00 to $17.00 in a research note to investors on Thursday, August 1st. They now have a “neutral” rating on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Kforce (NASDAQ:KFRC) from $13.00 to $16.00 in a research note to investors on Thursday, August 1st. They now have a “hold” rating on the stock. Finally, analysts at Zacks upgraded shares of Kforce (NASDAQ:KFRC) from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, July 3rd. They now have a $15.40 price target on the stock.
Shares of Kforce (NASDAQ:KFRC) traded down 1.21% on Wednesday, hitting $17.08. 83,610 shares of the company’s stock traded hands. Kforce has a 52 week low of $10.66 and a 52 week high of $17.30. The stock has a 50-day moving average of $16.61 and a 200-day moving average of $15.44. The company has a market cap of $565.9 million and a price-to-earnings ratio of 23.95.
Kforce (NASDAQ:KFRC) last released its earnings data on Tuesday, July 30th. The company reported $0.21 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.20 by $0.01. The company had revenue of $283.70 million for the quarter, compared to the consensus estimate of $277.78 million. During the same quarter in the prior year, the company posted $0.24 earnings per share. The company’s quarterly revenue was up 3.5% on a year-over-year basis. On average, analysts predict that Kforce will post $0.84 earnings per share for the current fiscal year.
Kforce Inc (NASDAQ:KFRC) is a provider of professional and technical specialty staffing services and solutions.
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