Insider Selling: On Assignment, Inc. (ASGN) Insider Sells 10,000 Shares of Stock
On Assignment, Inc. (NYSE:ASGN) insider Randolph C. Blazer sold 10,000 shares of the firm’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $78.73, for a total transaction of $787,300.00. Following the sale, the insider now owns 55,837 shares of the company’s stock, valued at $4,396,047.01. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
Shares of On Assignment, Inc. (NYSE ASGN) opened at $78.38 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.57 and a current ratio of 3.00. The stock has a market cap of $4,016.50, a PE ratio of 26.30, a PEG ratio of 2.05 and a beta of 2.03. On Assignment, Inc. has a 1-year low of $44.66 and a 1-year high of $79.71.
On Assignment (NYSE:ASGN) last announced its quarterly earnings results on Wednesday, February 14th. The business services provider reported $1.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.68. The firm had revenue of $679.04 million for the quarter, compared to the consensus estimate of $671.35 million. On Assignment had a net margin of 6.00% and a return on equity of 17.42%. The business’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.64 EPS. sell-side analysts forecast that On Assignment, Inc. will post 3.76 earnings per share for the current year.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Xact Kapitalforvaltning AB purchased a new stake in shares of On Assignment during the 4th quarter valued at about $342,000. We Are One Seven LLC purchased a new stake in shares of On Assignment during the 4th quarter valued at about $163,000. MetLife Investment Advisors LLC purchased a new stake in shares of On Assignment during the 4th quarter valued at about $1,449,000. Millennium Management LLC purchased a new position in shares of On Assignment in the fourth quarter worth approximately $5,637,000. Finally, Flinton Capital Management LLC boosted its holdings in shares of On Assignment by 17.8% in the fourth quarter. Flinton Capital Management LLC now owns 6,528 shares of the business services provider’s stock worth $420,000 after buying an additional 986 shares during the last quarter. 94.18% of the stock is currently owned by hedge funds and other institutional investors.
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On Assignment Company Profile
On Assignment, Inc is a global provider of in-demand, skilled professionals in the technology, life sciences and creative sectors. The Company matches resumes with job descriptions to match people they know into positions they understand for temporary, contract-to-hire, and direct hire assignments. It operates through two segments.
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