November 29, 2016 - By Adrian Mccoy
5,000 shares of Kforce Inc were unloaded by Gordon Tunstall, the company’s director. These insider shares are valued at approximately $107,240 which has been calculated on the basis of the average transactions stock price ($21.4 per each share). Gordon Tunstall presently possess 12,928 shares which make up precisely 0.05% of the Florida-Company’s total market cap.
Out of 2 analysts covering Kforce.com (NASDAQ:KFRC), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Kforce.com has been the topic of 2 analyst reports since November 4, 2015 according to StockzIntelligence Inc. The firm earned “Hold” rating on Thursday, August 18 by Deutsche Bank.
Insitutional Activity: The institutional sentiment decreased to 1.08 in 2016 Q2. Its down 0.10, from 1.18 in 2016Q1. The ratio dived, as 23 funds sold all Kforce Inc. shares owned while 39 reduced positions. 24 funds bought stakes while 49 increased positions. They now own 22.34 million shares or 0.04% more from 22.33 million shares in 2016Q1.
Parametric Port Associates Ltd Limited Liability Company holds 80,394 shares or 0% of its portfolio. Geode Capital Management accumulated 212,137 shares or 0% of the stock. Citadel Advisors Llc owns 10,884 shares or 0% of their US portfolio. Century Mgmt Lc holds 0.09% of its portfolio in Kforce Inc. (NASDAQ:KFRC) for 49,749 shares. Frontier Comm accumulated 155,352 shares or 0.33% of the stock. Investment Counselors Of Maryland Limited Co owns 735,341 shares or 0.68% of their US portfolio. Millennium last reported 0% of its portfolio in the stock. Dupont Capital Management holds 26,626 shares or 0.01% of its portfolio. Voya Inv Management Limited Liability holds 0% or 13,405 shares in its portfolio. Zebra Capital Mgmt Ltd Limited Liability Company owns 17,452 shares or 0.1% of their US portfolio. Financial Bank Of Montreal Can holds 0% of its portfolio in Kforce Inc. (NASDAQ:KFRC) for 60,289 shares. The Florida-based Ladenburg Thalmann Finance Services Incorporated has invested 0% in Kforce Inc. (NASDAQ:KFRC). The California-based Menta Capital Limited Liability Com has invested 0.09% in Kforce Inc. (NASDAQ:KFRC). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 412 shares in its portfolio. Ahl Ptnrs Llp has 0.02% invested in the company for 18,789 shares.
Insider Transactions: Since June 6, 2016, the stock had 0 insider buys, and 8 insider sales for $2.01 million net activity. Another trade for 75,000 shares valued at $1.36M was made by LIBERATORE JOSEPH J on Tuesday, August 16. Neal Jeffrey T. sold $109,303 worth of stock or 5,666 shares. The insider TUNSTALL GORDON sold 5,000 shares worth $93,440. On Wednesday, November 9 the insider KELLY DAVID M sold $211,904. $73,972 worth of Kforce Inc. (NASDAQ:KFRC) shares were sold by Mitchell Kye L. Edmund Robert William had sold 835 shares worth $16,167.
About 226,734 shares traded hands or 34.01% up from the average. Kforce Inc. (NASDAQ:KFRC) has risen 7.94% since April 26, 2016 and is uptrending. It has outperformed by 2.68% the S&P500.
Kforce Inc. is engaged in providing professional and technical specialty staffing services and solutions. The company has a market cap of $603.46 million. The Firm operates through three divisions, which include Technology , which provides both temporary staffing and permanent placement services to its clients, focusing primarily on areas of information technology, such as systems/applications, e-commerce, technology infrastructure, network architecture and security; Finance and Accounting (FA), which is engaged in providing both temporary staffing and permanent placement services to its clients in areas, such as general accounting, business analysis and others, and Government Solutions (GS), which is engaged in providing services and solutions to the Federal Government as both a prime contractor and a subcontractor in the fields of information technology, and finance and accounting. It has a 16.8 P/E ratio.
According to Zacks Investment Research, “kforce.com is a full-service, web-based specialty staffing firm providing flexible and permanent staffing solutions for organizations and career management for individuals in the specialty skill areas of information technology, finance & accounting, human resources, engineering, pharmaceutical, health care, legal, e-solutions consulting, scientific and insurance and investments. kforce.com offers web-based services including online resumes and job postings, interactive interviews and job placements and career management strategies (company press release).”
Analysts await Kforce Inc. (NASDAQ:KFRC) to report earnings on February, 14. They expect $0.32 EPS, down 25.58% or $0.11 from last year’s $0.43 per share. KFRC’s profit will be $8.73 million for 17.28 P/E if the $0.32 EPS becomes a reality. After $0.44 actual EPS reported by Kforce Inc. for the previous quarter, Wall Street now forecasts -27.27% negative EPS growth.
More important recent Kforce Inc. (NASDAQ:KFRC) news were published by: Marketwatch.com which released: “Kforce Inc.” on June 17, 2009, also Globenewswire.com published article titled: “Kforce Inc. Schedules Third Quarter 2016 Earnings Release and Conference Call”, Seekingalpha.com published: “Kforce, Inc. (KFRC) CEO David Dunkel on Q2 2016 Results – Earnings Call Transcript” on August 02, 2016. More interesting news about Kforce Inc. (NASDAQ:KFRC) was released by: Seekingalpha.com and their article: “Kforce, Inc. (KFRC) CEO David Dunkel on Q3 2016 Results – Earnings Call Transcript” with publication date: November 02, 2016.
Kforce Inc. (Kforce), incorporated on August 19, 1994, is engaged in providing professional and technical specialty staffing services and solutions. The Firm operates through three divisions, which include Technology (Tech), Finance and Accounting (FA) and Government Solutions (GS). The Company’s Tech segment includes the activities 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. The GS segment is engaged in providing services and solutions to the Federal Government as both a prime contractor and a subcontractor in the fields of information technology, and finance and accounting. Kforce operates through approximately 60 field offices located throughout the United States and over one office in Manila, Philippines.
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By Adrian Mccoy