PRGX Global Inc (NASDAQ:PRGX) Director Matthew A. Drapkin acquired 11,900 shares of the firm’s stock in a transaction on Tuesday, December 12th. The stock was purchased at an average cost of $7.34 per share, with a total value of $87,346.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Matthew A. Drapkin also recently made the following trade(s):

  • On Friday, November 10th, Matthew A. Drapkin purchased 25,042 shares of PRGX Global stock. The shares were bought at an average cost of $7.19 per share, for a total transaction of $180,051.98.

Shares of PRGX Global Inc (PRGX) traded up $0.10 during trading hours on Thursday, reaching $7.50. 118,000 shares of the company were exchanged, compared to its average volume of 27,559. PRGX Global Inc has a 1 year low of $5.10 and a 1 year high of $7.90. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.25.

Several research firms recently weighed in on PRGX. B. Riley set a $8.00 price objective on shares of PRGX Global and gave the stock a “buy” rating in a research note on Tuesday, October 31st. Zacks Investment Research upgraded shares of PRGX Global from a “hold” rating to a “buy” rating and set a $8.25 price target on the stock in a research note on Wednesday, October 25th. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $7.00.

A number of hedge funds have recently added to or reduced their stakes in the business. Northern Right Capital Management L.P. raised its holdings in shares of PRGX Global by 13.0% during the 2nd quarter. Northern Right Capital Management L.P. now owns 1,507,806 shares of the business services provider’s stock valued at $9,801,000 after purchasing an additional 173,222 shares in the last quarter. Thomson Horstmann & Bryant Inc. raised its holdings in shares of PRGX Global by 33.6% during the 3rd quarter. Thomson Horstmann & Bryant Inc. now owns 498,740 shares of the business services provider’s stock valued at $3,491,000 after purchasing an additional 125,398 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of PRGX Global by 5.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 726,299 shares of the business services provider’s stock valued at $4,721,000 after purchasing an additional 34,620 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of PRGX Global by 1.2% during the 1st quarter. Vanguard Group Inc. now owns 1,183,504 shares of the business services provider’s stock valued at $7,574,000 after purchasing an additional 13,531 shares in the last quarter. Finally, Cadence Capital Management LLC raised its holdings in shares of PRGX Global by 5.8% during the 2nd quarter. Cadence Capital Management LLC now owns 236,775 shares of the business services provider’s stock valued at $1,539,000 after purchasing an additional 12,923 shares in the last quarter. Institutional investors own 70.09% of the company’s stock.

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PRGX Global Company Profile

PRGX Global, Inc (PRGX), together with its subsidiaries, provides recovery audit and spend analytics services. The Company provides recovery audit, procure-to-pay performance improvement, spend analytics and risk management services principally to large businesses and government agencies. The Company operates through three segments: Recovery Audit Services-Americas, Recovery Audit Services-Europe/Asia-Pacific and Adjacent Services.

Insider Buying and Selling by Quarter for PRGX Global (NASDAQ:PRGX)

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