Kforce Inc. (KFRC) CEO Sells $214,968.00 in Stock

Kforce Inc. (NASDAQ:KFRC) CEO David L. Dunkel sold 8,112 shares of the company’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $26.50, for a total transaction of $214,968.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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

  • On Friday, December 15th, David L. Dunkel sold 388 shares of Kforce stock. The stock was sold at an average price of $26.50, for a total transaction of $10,282.00.
  • On Tuesday, December 12th, David L. Dunkel sold 1,500 shares of Kforce stock. The shares were sold at an average price of $26.50, for a total transaction of $39,750.00.
  • 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.

Kforce Inc. (KFRC) traded down $0.25 during trading on Friday, hitting $26.65. 56,576 shares of the stock traded hands, compared to its average volume of 95,943. Kforce Inc. has a twelve month low of $16.75 and a twelve month high of $27.30. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.95 and a current ratio of 2.95. The stock has a market cap of $711.97, a PE ratio of 18.64 and a beta of 1.68.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 22nd. Investors of record on Friday, December 8th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, December 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.80%. Kforce’s payout ratio is currently 33.57%.

A number of analysts have commented on the stock. BidaskClub upgraded shares of Kforce from a “buy” rating to a “strong-buy” rating in a report on Tuesday. Zacks Investment Research downgraded shares of Kforce from a “buy” rating to a “hold” rating in a report on Tuesday. Northcoast Research upgraded shares of Kforce from a “neutral” rating to a “buy” rating in a report on Monday, November 6th. Robert W. Baird reissued a “buy” rating and issued a $25.00 price target on shares of Kforce in a research note on Friday, November 3rd. Finally, ValuEngine raised shares of Kforce from a “hold” rating to a “buy” rating in a research note on Friday, October 27th. Five investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $24.83.

Several large investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in shares of Kforce by 1.7% during the 2nd quarter. Vanguard Group Inc. now owns 2,067,198 shares of the business services provider’s stock worth $40,517,000 after purchasing an additional 33,998 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Kforce by 4.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,435,611 shares of the business services provider’s stock worth $28,138,000 after purchasing an additional 60,783 shares during the period. Macquarie Group Ltd. boosted its position in shares of Kforce by 22.2% during the 3rd quarter. Macquarie Group Ltd. now owns 1,387,703 shares of the business services provider’s stock worth $28,032,000 after purchasing an additional 251,643 shares during the period. Investment Counselors of Maryland LLC boosted its position in shares of Kforce by 6.5% during the 3rd quarter. Investment Counselors of Maryland LLC now owns 1,070,029 shares of the business services provider’s stock worth $21,615,000 after purchasing an additional 65,258 shares during the period. Finally, Deprince Race & Zollo Inc. boosted its position in shares of Kforce by 4.4% during the 3rd quarter. Deprince Race & Zollo Inc. now owns 747,427 shares of the business services provider’s stock worth $15,098,000 after purchasing an additional 31,768 shares during the period. 78.77% of the stock is owned by hedge funds and other institutional investors.

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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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