On Assignment, Inc. (NYSE:ASGN) Director Edwin A. Sheridan sold 16,624 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $61.60, for a total value of $1,024,038.40. Following the transaction, the director now owns 1,098,208 shares of the company’s stock, valued at $67,649,612.80. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
Shares of On Assignment, Inc. (NYSE ASGN) traded down $0.36 on Wednesday, hitting $61.50. The stock had a trading volume of 119,600 shares, compared to its average volume of 280,383. The stock has a market cap of $3,217.64, a PE ratio of 21.63, a price-to-earnings-growth ratio of 2.08 and a beta of 2.12. On Assignment, Inc. has a twelve month low of $39.52 and a twelve month high of $61.89. The company has a quick ratio of 2.57, a current ratio of 2.57 and a debt-to-equity ratio of 0.66.
On Assignment (NYSE:ASGN) last issued its quarterly earnings data on Wednesday, October 25th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.75 by $0.08. The business had revenue of $667.05 million for the quarter, compared to analysts’ expectations of $660.90 million. On Assignment had a return on equity of 16.87% and a net margin of 4.45%. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.74 EPS. analysts expect that On Assignment, Inc. will post 2.97 earnings per share for the current year.
Several institutional investors and hedge funds have recently modified their holdings of the company. Bamco Inc. NY raised its holdings in shares of On Assignment by 5.5% during the 3rd quarter. Bamco Inc. NY now owns 1,910,100 shares of the business services provider’s stock worth $102,534,000 after acquiring an additional 100,000 shares in the last quarter. Stifel Financial Corp raised its holdings in shares of On Assignment by 6.2% during the 3rd quarter. Stifel Financial Corp now owns 287,428 shares of the business services provider’s stock worth $15,451,000 after acquiring an additional 16,813 shares in the last quarter. California Public Employees Retirement System raised its holdings in shares of On Assignment by 3.7% during the 3rd quarter. California Public Employees Retirement System now owns 95,774 shares of the business services provider’s stock worth $5,141,000 after acquiring an additional 3,374 shares in the last quarter. Pinebridge Investments L.P. increased its position in shares of On Assignment by 12.5% during the 3rd quarter. Pinebridge Investments L.P. now owns 25,944 shares of the business services provider’s stock valued at $1,393,000 after purchasing an additional 2,879 shares during the last quarter. Finally, Insight Capital Research & Management Inc. bought a new position in shares of On Assignment during the 3rd quarter valued at approximately $953,000. 89.24% of the stock is currently owned by institutional investors and hedge funds.
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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