Insider Selling: W Michael Kipphut Unloads 13,100 Shares of Sykes Enterprises Stock (SYKE)
Sykes Enterprises (NASDAQ:SYKE) CFO W Michael Kipphut sold 13,100 shares of the stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $20.00, for a total transaction of $262,000.00. Following the sale, the chief financial officer now directly owns 27,691 shares in the company, valued at approximately $553,820. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Sykes Enterprises (NASDAQ:SYKE) traded down 0.60% on Tuesday, hitting $20.00. 305,704 shares of the company’s stock traded hands. Sykes Enterprises has a 52-week low of $13.95 and a 52-week high of $23.29. The stock has a 50-day moving average of $20.63 and a 200-day moving average of $19.. The company has a market cap of $855.2 million and a P/E ratio of 23.15.
Sykes Enterprises (NASDAQ:SYKE) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $0.33 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.41 by $0.08. The company had revenue of $335.30 million for the quarter, compared to the consensus estimate of $333.03 million. On average, analysts predict that Sykes Enterprises will post $1.51 earnings per share for the current fiscal year.
Sykes Enterprises, Incorporated (NASDAQ:SYKE) is engaged in providing outsourced customer contact management solutions and services in the business process outsourcing (BPO) arena.
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