Kforce, Inc. (NASDAQ:KFRC) CEO David L. Dunkel sold 1,500 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of $26.50, for a total transaction of $39,750.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

David L. Dunkel also recently made the following trade(s):

  • On Friday, November 3rd, David L. Dunkel sold 700 shares of Kforce stock. The shares were sold at an average price of $23.55, for a total transaction of $16,485.00.
  • On Monday, November 6th, David L. Dunkel sold 17,000 shares of Kforce stock. The shares were sold at an average price of $23.90, for a total transaction of $406,300.00.

Shares of Kforce, Inc. (NASDAQ:KFRC) traded down $0.20 during trading hours on Thursday, hitting $25.35. 92,318 shares of the stock traded hands, compared to its average volume of 126,376. The firm has a market capitalization of $694.77, a P/E ratio of 17.74 and a beta of 1.67. The company has a quick ratio of 2.95, a current ratio of 2.95 and a debt-to-equity ratio of 0.91. Kforce, Inc. has a 52 week low of $16.75 and a 52 week high of $26.95.

Kforce (NASDAQ:KFRC) last announced its quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.45 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.45. The company had revenue of $341.05 million during the quarter, compared to the consensus estimate of $340.67 million. Kforce had a net margin of 2.71% and a return on equity of 28.83%. The company’s revenue for the quarter was up .2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.44 earnings per share. sell-side analysts expect that Kforce, Inc. will post 1.5 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 8th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $0.48 annualized dividend and a dividend yield of 1.89%. Kforce’s dividend payout ratio (DPR) is presently 33.57%.

KFRC has been the subject of several research analyst reports. TheStreet upgraded shares of Kforce from a “c+” rating to a “b” rating in a research report on Monday, October 2nd. Northcoast Research upgraded shares of Kforce from a “neutral” rating to a “buy” rating in a report on Monday, November 6th. Robert W. Baird reiterated a “buy” rating and set a $25.00 price target on shares of Kforce in a report on Friday, November 3rd. ValuEngine upgraded shares of Kforce from a “hold” rating to a “buy” rating in a report on Friday, October 27th. Finally, SunTrust Banks downgraded shares of Kforce from a “buy” rating to a “hold” rating and lowered their price target for the stock from $23.00 to $22.00 in a report on Wednesday, October 11th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company’s stock. Kforce has an average rating of “Hold” and a consensus price target of $24.20.

A number of hedge funds and other institutional investors have recently bought and sold shares of KFRC. BNP Paribas Arbitrage SA increased its holdings in Kforce by 612.0% in the second quarter. BNP Paribas Arbitrage SA now owns 5,340 shares of the business services provider’s stock valued at $105,000 after purchasing an additional 4,590 shares during the period. FNY Managed Accounts LLC increased its holdings in Kforce by 117.8% in the second quarter. FNY Managed Accounts LLC now owns 5,445 shares of the business services provider’s stock valued at $106,000 after purchasing an additional 2,945 shares during the period. Campbell & CO Investment Adviser LLC acquired a new stake in Kforce in the third quarter valued at $213,000. Aperio Group LLC acquired a new stake in Kforce in the third quarter valued at $216,000. Finally, AXA acquired a new stake in Kforce in the second quarter valued at $261,000. Institutional investors and hedge funds own 79.05% of the company’s stock.

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Kforce Company Profile

Kforce Inc (Kforce) is engaged in providing professional and technical specialty staffing services and solutions. The Company operates through three segments, which include Technology (Tech), Finance and Accounting (FA) and Government Solutions (GS). The Company’s Tech segment includes the operations of its subsidiary Kforce Global Solutions, Inc The FA segment is engaged in providing both temporary staffing and permanent placement services to its clients in areas, such as general accounting, business analysis and others.

Insider Buying and Selling by Quarter for Kforce (NASDAQ:KFRC)

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