New insider activity at Kforce ( (KFRC) ) has taken place on February 13, 2025.
Andrew G. Thomas, the Chief Experience Officer, recently divested 7,100 shares of Kforce stock, generating a significant transaction worth $367,709.
Recent Updates on KFRC stock
Kforce’s recent Q4 earnings call presented a mixed sentiment with stable demand for technology services and strategic progress, despite challenges like revenue and earnings declines, higher healthcare costs, and an uncertain policy environment. The company’s financial health is strong, indicated by its robust balance sheet, minimal debt, and significant cash flow, which allowed for an increase in dividends for the sixth consecutive year. However, Kforce experienced a 9% year-over-year revenue decline and a 14% drop in earnings per share on a GAAP basis, highlighting challenges in profitability. Despite these issues, Kforce’s stock price rose by 2% to $55.05, driven by the company’s ability to exceed earnings expectations and provide optimistic guidance for 2025, focusing on market share increase and long-term shareholder returns.
More about Kforce
YTD Price Performance: -7.09%
Average Trading Volume: 108,291
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $978.8M