Insider Trader Watch: PRGX Global, Inc. $PRGX

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PRGX Global, Inc. (PRGX) insider have most recently took part in a trading activity. On Dec 15, 2017 Drapkin Matthew A, Director bought 35,000 shares having total worth of $255,500 at the price of $7.3 per share, following the transaction a total of 1,732,298 shares owned by Drapkin Matthew A. Before this latest buy, Drapkin Matthew A purchased PRGX at 10 other times during the past twelve months, for a total investment of $26.88M at an average of $6.45 per share.

The stock has experienced a total of 4 insider trades in the past three months. These trades include 1 sell activities and 3 buy trades. Furthermore, over the past 12 months , the stock was traded 18 times by insiders. In 4 of these trades, the insider was a seller while an employee of the company was the buyer in 14 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 3 1 21.31%
12 Month 14 4 46.83%

PRGX Global, Inc. (PRGX) last announced its earnings results on Nov 2, 2017. The company reported 0.05 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.06 by $0.01. The company had revenue of $42 million for the quarter, compared to the consensus estimate of $40 million. During the same quarter in the previous year, the company posted 0.10 earnings per share. The company’s revenue for the quarter was up 21% on a year-over-year basis.

2017-11-02 2017-10-26 2017-08-01 2017-04-26 2017-02-28 2016-10-27 2016-07-26 2016-04-28 2016-03-01 2015-10-27
earnings per share 0.05 0.00 -0.01 -0.08 0.01 0.10 0.00 0.00 0.19 0.04
Revenue(M) 42.47 0 38.51 33.57 39.18 35.14 35.29 31.23 34.96 33.92

PRGX Global, Inc., was incorporated in the State of Georgia in 1996. The Company together with its subsidiaries is an analytics-powered information and professional services firm. It offers services including healthcare recovery audit, business analytics, recovery audit, procure-to-pay optimization, finance transformation and contract compliance. The recovery audit is a service based on the mining of a tremendous amount of its clients’ purchasing data, looking for overpayments to their third-party suppliers. The Healthcare Claims Recovery Audit services involve the identification of overpayments and underpayments made to healthcare providers such as hospitals and physicians’ practices. The Company provides certain of its insights through web-based technologies using the SaaS (software as a service) delivery model. Its SaaS model uses a periodic license fee allowing clients to tailor service levels such as frequency of data refresh and scope of reporting outputs. The Company provides its services principally to large and mid-sized businesses and government agencies having numerous payment transactions and complex procurement environments. Various aspects of Company’s business, including, without limitation, its data acquisition, processing and reporting protocols, are subject to extensive and frequently changing governmental regulation in both the U.S. and internationally.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.