Trading Report: Today, PRGX Global Inc. (PRGX) Director Buys $68,625.00 in Stock

Today, PRGX Global Inc. (PRGX) Director Buys $68,625.00 in Stock

PRGX Global Inc. (NASDAQ:PRGX) Director Joseph E. Whitters purchased 12,500 shares of the business’s stock in a transaction that occurred on Tuesday, November 22nd. The stock was acquired at an average price of $5.49 per share, with a total value of $68,625.00. Following the purchase, the director now owns 108,153 shares in the company, valued at $593,759.97. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

PRGX Global Inc. (NASDAQ:PRGX) traded down 1.85% on Friday, reaching $5.30. The company had a trading volume of 310 shares. The stock has a 50 day moving average price of $4.91 and a 200 day moving average price of $4.95. The stock has a market capitalization of $115.56 million, a PE ratio of 38.13 and a beta of 0.85. PRGX Global Inc. has a 52-week low of $3.04 and a 52-week high of $5.81.

PRGX Global (NASDAQ:PRGX) last announced its quarterly earnings data on Thursday, October 27th. The company reported $0.10 EPS for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.07. The firm earned $35.10 million during the quarter, compared to the consensus estimate of $34.04 million. PRGX Global had a net margin of 2.33% and a return on equity of 13.66%. Analysts expect that PRGX Global Inc. will post $0.13 EPS for the current year.

A number of research firms have recently issued reports on PRGX. B. Riley restated a “buy” rating and issued a $6.50 price target on shares of PRGX Global in a research report on Tuesday, November 1st. Zacks Investment Research lowered PRGX Global from a “buy” rating to a “sell” rating in a research report on Tuesday, November 1st.

Large investors have recently made changes to their positions in the stock. Boston Partners increased its stake in shares of PRGX Global by 1.8% in the second quarter. Boston Partners now owns 192,958 shares of the company’s stock worth $1,007,000 after buying an additional 3,451 shares during the last quarter. Spark Investment Management LLC increased its stake in shares of PRGX Global by 39.1% in the third quarter. Spark Investment Management LLC now owns 21,700 shares of the company’s stock worth $102,000 after buying an additional 6,100 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of PRGX Global by 1.1% in the second quarter. Dimensional Fund Advisors LP now owns 686,547 shares of the company’s stock worth $3,584,000 after buying an additional 7,219 shares during the last quarter. BlackRock Institutional Trust Company N.A. increased its stake in shares of PRGX Global by 2.1% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 733,785 shares of the company’s stock worth $3,830,000 after buying an additional 15,305 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its stake in shares of PRGX Global by 83.1% in the first quarter. Jacobs Levy Equity Management Inc. now owns 43,258 shares of the company’s stock worth $204,000 after buying an additional 19,635 shares during the last quarter. Hedge funds and other institutional investors own 69.39% of the company’s stock.

PRGX Global Company Profile

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