On Assignment, Inc. (ASGN) CFO Sells $64,452.10 in Stock
On Assignment, Inc. (NYSE:ASGN) CFO Edward L. Pierce sold 1,054 shares of the company’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $61.15, for a total transaction of $64,452.10. Following the completion of the sale, the chief financial officer now directly owns 77,087 shares in the company, valued at $4,713,870.05. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Shares of On Assignment, Inc. (NYSE:ASGN) traded up $0.18 during midday trading on Monday, reaching $61.22. 190,100 shares of the company were exchanged, compared to its average volume of 281,507. On Assignment, Inc. has a 12-month low of $38.67 and a 12-month high of $61.89. The stock has a market capitalization of $3,184.35, a P/E ratio of 21.41, a PEG ratio of 2.06 and a beta of 2.12. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.57 and a quick ratio of 2.57.
On Assignment (NYSE:ASGN) last posted its quarterly earnings data on Wednesday, October 25th. The business services provider reported $0.83 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.75 by $0.08. The company had revenue of $667.05 million during the quarter, compared to analysts’ expectations of $660.90 million. On Assignment had a net margin of 4.45% and a return on equity of 16.87%. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.74 earnings per share. equities analysts predict that On Assignment, Inc. will post 2.97 earnings per share for the current fiscal year.
A hedge fund recently raised its stake in On Assignment stock. Pinebridge Investments L.P. boosted its stake in shares of On Assignment, Inc. (NYSE:ASGN) by 12.5% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 25,944 shares of the business services provider’s stock after acquiring an additional 2,879 shares during the period. Pinebridge Investments L.P.’s holdings in On Assignment were worth $1,393,000 at the end of the most recent quarter. 89.24% of the stock is owned by institutional investors and hedge funds.
About On Assignment
On Assignment, Inc is a global provider of in-demand, skilled professionals in the technology, life sciences and creative sectors. The Company matches resumes with job descriptions to match people they know into positions they understand for temporary, contract-to-hire, and direct hire assignments. It operates through two segments.
Receive News & Ratings for On Assignment Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for On Assignment Inc. and related companies with MarketBeat.com's FREE daily email newsletter.