BGSF - Bullish Move: C. David Allen Shows Confidence Acquires $75K In BGSF Stock | Benzinga
A new SEC filing reveals that C. David Allen, Board Member at BGSF (NYSE:BGSF), made a notable insider purchase on May 30,.
What Happened: Allen demonstrated confidence in BGSF by purchasing 11,500 shares, as reported in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total value of the transaction is $75,900.
BGSF shares are trading up 1.37% at $6.68 at the time of this writing on Friday morning.
About BGSF
BGSF Inc is a provider of workforce solutions operating primarily in the U.S. across two segments: Property Management and Professional. In the Property Management segment, BGSF offers office and maintenance talent to clients, facilitating their staffing needs with short-term and consulting solutions. The Professional segment specializes in IT, offering skilled professionals in SAP, Workday, and other areas to Fortune 500 companies and consulting firms nationwide. BGSF's workforce services include on-demand assignments, consulting, and managed solutions, allowing clients to flexibly manage their workforce needs. With a focus on converting fixed personnel costs to variable expenses, BGSF enables companies to effectively address fluctuations in demand while optimizing costs.
Unraveling the Financial Story of BGSF
Revenue Challenges: BGSF's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the ...