PRGX Global Inc (NASDAQ:PRGX) Director Matthew A. Drapkin acquired 35,000 shares of PRGX Global stock in a transaction on Friday, December 15th. The shares were purchased at an average cost of $7.30 per share, for a total transaction of $255,500.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

  • On Tuesday, December 12th, Matthew A. Drapkin acquired 11,900 shares of PRGX Global stock. The shares were purchased at an average cost of $7.34 per share, for a total transaction of $87,346.00.
  • On Friday, November 10th, Matthew A. Drapkin acquired 25,042 shares of PRGX Global stock. The shares were purchased at an average cost of $7.19 per share, for a total transaction of $180,051.98.

PRGX Global Inc (NASDAQ:PRGX) remained flat at $$7.40 during mid-day trading on Monday. 45,200 shares of the company’s stock traded hands, compared to its average volume of 27,649. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.59 and a quick ratio of 1.59. PRGX Global Inc has a 12 month low of $5.25 and a 12 month high of $7.90.

A number of research analysts have recently weighed in on PRGX shares. Zacks Investment Research raised PRGX Global from a “hold” rating to a “buy” rating and set a $7.50 price target on the stock in a research note on Wednesday, October 18th. B. Riley set a $8.00 price target on PRGX Global and gave the company a “buy” rating in a research note on Tuesday, October 31st. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. PRGX Global has an average rating of “Buy” and a consensus target price of $7.00.

Several hedge funds have recently bought and sold shares of PRGX. Vanguard Group Inc. lifted its stake in shares of PRGX Global by 1.2% in 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 during the period. Dimensional Fund Advisors LP lifted its stake in shares of PRGX Global by 0.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 691,679 shares of the business services provider’s stock valued at $4,427,000 after purchasing an additional 3,993 shares during the period. Cadence Capital Management LLC lifted its stake in shares of PRGX Global by 5.8% in 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 during the period. GSA Capital Partners LLP raised its stake in PRGX Global by 3.7% during the 2nd quarter. GSA Capital Partners LLP now owns 44,014 shares of the business services provider’s stock worth $286,000 after buying an additional 1,584 shares during the period. Finally, OxFORD Asset Management LLP raised its stake in PRGX Global by 74.7% during the 2nd quarter. OxFORD Asset Management LLP now owns 18,858 shares of the business services provider’s stock worth $123,000 after buying an additional 8,063 shares during the period. 70.09% of the stock is currently owned by institutional investors.

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About PRGX Global

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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