PRGX Global Inc (NASDAQ:PRGX) Director Matthew A. Drapkin purchased 11,900 shares of the company’s stock in a transaction that occurred on Tuesday, December 12th. The stock was bought at an average price of $7.34 per share, for a total transaction of $87,346.00. Following the transaction, the director now directly owns 133,153 shares in the company, valued at $977,343.02. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Matthew A. Drapkin also recently made the following trade(s):
- On Friday, November 10th, Matthew A. Drapkin purchased 25,042 shares of PRGX Global stock. The stock was bought at an average price of $7.19 per share, for a total transaction of $180,051.98.
PRGX Global Inc (PRGX) remained flat at $$7.40 during midday trading on Friday. The company had a trading volume of 45,236 shares, compared to its average volume of 25,617. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.59 and a current ratio of 1.59. PRGX Global Inc has a 1-year low of $5.25 and a 1-year high of $7.90.
Several equities analysts recently issued reports on the company. Zacks Investment Research upgraded PRGX Global from a “hold” rating to a “buy” rating and set a $8.00 price target on the stock in a research report on Wednesday, November 8th. B. Riley set a $8.00 price target on PRGX Global and gave the company a “buy” rating in a research report on Tuesday, October 31st. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. PRGX Global currently has a consensus rating of “Buy” and a consensus price target of $7.00.
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.
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