On Assignment Insider Randolph C. Blazer Sells 40,880 Shares (ASGN)
On Assignment (NASDAQ:ASGN) Insider Randolph C. Blazer unloaded 40,880 shares of the stock on the open market in a transaction dated Monday, June 2nd. The shares were sold at an average price of $35.51, for a total transaction of $1,451,648.80. Following the completion of the transaction, the insider now directly owns 95,365 shares of the company’s stock, valued at approximately $3,386,411. The sale was disclosed in a filing with the SEC, which is available at this link.
ASGN has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of On Assignment from a “neutral” rating to an “outperform” rating in a research note on Wednesday, April 23rd. They now have a $39.70 price target on the stock. Separately, analysts at Jefferies Group raised their price target on shares of On Assignment to $42.00 in a research note on Friday, March 28th. They now have a “buy” rating on the stock. Finally, analysts at Bank of America reiterated a “buy” rating on shares of On Assignment in a research note on Friday, March 28th. They now have a $42.00 price target on the stock, up previously from $40.00. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $40.45.
Shares of On Assignment (NASDAQ:ASGN) traded up 1.20% on Wednesday, hitting $35.39. The stock had a trading volume of 148,425 shares. On Assignment has a 52 week low of $24.81 and a 52 week high of $39.86. The stock’s 50-day moving average is $35.33 and its 200-day moving average is $34.23. The company has a market cap of $1.923 billion and a P/E ratio of 25.83.
On Assignment (NASDAQ:ASGN) last announced its earnings results on Wednesday, April 23rd. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.17. The company had revenue of $439.30 million for the quarter, compared to the consensus estimate of $436.15 million. During the same quarter in the previous year, the company posted $0.20 earnings per share. The company’s revenue for the quarter was up 15.9% on a year-over-year basis. Analysts expect that On Assignment will post $1.48 EPS for the current fiscal year.
On Assignment, Inc is a global provider of skilled, professionals in the life sciences, healthcare and technology sectors.
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