Marty R. Kittrell Sells 3,000 Shares of On Assignment, Inc. (ASGN) Stock
On Assignment, Inc. (NASDAQ:ASGN) Director Marty R. Kittrell sold 3,000 shares of the company’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $59.63, for a total transaction of $178,890.00. Following the sale, the director now directly owns 6,244 shares of the company’s stock, valued at approximately $372,329.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
On Assignment (NASDAQ:ASGN) last released its quarterly earnings results on Wednesday, October 25th. The company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.08. The business had revenue of $667.05 million during the quarter, compared to the consensus estimate of $660.90 million. On Assignment had a return on equity of 14.70% and a net margin of 5.09%. The business’s revenue was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.74 EPS.
COPYRIGHT VIOLATION NOTICE: This story was originally posted by Watch List News and is owned by of Watch List News. If you are accessing this story on another site, it was stolen and republished in violation of U.S. & international copyright legislation. The legal version of this story can be read at https://www.watchlistnews.com/marty-r-kittrell-sells-3000-shares-of-on-assignment-inc-asgn-stock/1675344.html.
A number of equities research analysts have recently issued reports on ASGN shares. Zacks Investment Research raised shares of On Assignment from a “sell” rating to a “hold” rating in a report on Thursday, September 21st. BidaskClub raised shares of On Assignment from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Robert W. Baird reaffirmed a “hold” rating and set a $53.00 target price on shares of On Assignment in a report on Sunday, September 3rd. Royal Bank Of Canada reaffirmed a “buy” rating and set a $55.00 target price on shares of On Assignment in a report on Friday, October 13th. Finally, BMO Capital Markets reaffirmed a “buy” rating and set a $61.00 target price on shares of On Assignment in a report on Sunday, October 15th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. On Assignment has a consensus rating of “Buy” and a consensus price target of $59.50.
Large investors have recently added to or reduced their stakes in the company. FNY Partners Fund LP raised its stake in shares of On Assignment by 266.2% during the 1st quarter. FNY Partners Fund LP now owns 2,197 shares of the company’s stock worth $106,000 after buying an additional 1,597 shares during the last quarter. First Quadrant L P CA acquired a new position in shares of On Assignment during the 2nd quarter worth $112,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of On Assignment by 9.9% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,242 shares of the company’s stock worth $121,000 after buying an additional 202 shares during the last quarter. Pitcairn Co. acquired a new position in shares of On Assignment during the 2nd quarter worth $211,000. Finally, CIBC Asset Management Inc acquired a new position in shares of On Assignment during the 2nd quarter worth $216,000.
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.
Receive News & Ratings for On Assignment Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for On Assignment Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.