Insider Selling: Joseph Liberatore Sells 9,506 Shares of Kforce Stock (KFRC)
Kforce (NASDAQ:KFRC) President Joseph Liberatore sold 9,506 shares of Kforce stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $17.30, for a total transaction of $164,453.80. Following the completion of the transaction, the president now directly owns 302,450 shares of the company’s stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
A number of analysts have recently weighed in on KFRC shares. 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.
Kforce (NASDAQ:KFRC) traded up 2.18% on Thursday, hitting $17.78. 66,271 shares of the company’s stock traded hands. Kforce has a one year low of $10.66 and a one year high of $17.50. The stock’s 50-day moving average is $16.85 and its 200-day moving average is $15.54. The company has a market cap of $589.1 million and a price-to-earnings ratio of 24.10.
Kforce (NASDAQ:KFRC) last posted its quarterly earnings results 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 last year, the company posted $0.24 earnings per share. Kforce’s revenue was up 3.5% compared to the same quarter last year. Analysts expect that Kforce will post $0.84 EPS 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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