PRGX Global Inc. (NASDAQ:PRGX) major shareholder Strategic Opportunit Headlands bought 83,460 shares of the firm’s stock in a transaction that occurred on Monday, October 10th. The stock was bought at an average cost of $4.90 per share, for a total transaction of $408,954.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Strategic Opportunit Headlands also recently made the following trade(s): On Monday, October 3rd, Strategic Opportunit Headlands bought 22,500 shares of PRGX Global stock. The stock was bought at an average cost of $4.70 per share, for a total transaction of $105,750.00.
PRGX Global Inc. (NASDAQ:PRGX) opened at 5.02 on Friday. The company has a 50-day moving average price of $4.84 and a 200-day moving average price of $4.91. The company’s market capitalization is $109.59 million. PRGX Global Inc. has a one year low of $3.04 and a one year high of $5.81.
PRGX Global (NASDAQ:PRGX) last released its quarterly earnings results on Tuesday, July 26th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by $0.09. PRGX Global had a positive return on equity of 5.58% and a negative net margin of 1.85%. Analysts expect that PRGX Global Inc. will post $0.07 earnings per share for the current fiscal year.
Institutional investors have recently added to or reduced their stakes in the company. Cannell Capital LLC purchased a new position in PRGX Global during the second quarter valued at about $124,000. Algert Global LLC purchased a new position in PRGX Global during the second quarter valued at about $125,000. GSA Capital Partners LLP purchased a new position in PRGX Global during the second quarter valued at about $149,000. O Shaughnessy Asset Management LLC raised its position in PRGX Global by 1,592.9% in the second quarter. O Shaughnessy Asset Management LLC now owns 37,498 shares of the company’s stock valued at $196,000 after buying an additional 35,283 shares in the last quarter. Finally, Royal Bank of Canada purchased a new position in PRGX Global during the second quarter valued at about $201,000. 70.14% of the stock is currently owned by institutional investors and hedge funds.
A number of equities analysts recently commented on PRGX shares. B. Riley reaffirmed a “buy” rating and issued a $6.00 target price on shares of PRGX Global in a report on Saturday, July 30th. Zacks Investment Research raised PRGX Global from a “hold” rating to a “buy” rating and set a $5.50 target price on the stock in a report on Friday, July 8th.
PRGX Global Company Profile