RCMT - Insider Decision: Michael Saks Offloads $136K Worth Of RCM Technologies Stock | Benzinga
Disclosed on December 13, Michael Saks, Division President at RCM Technologies (NASDAQ:RCMT), executed a substantial insider sell as per the latest SEC filing.
What Happened: Saks's decision to sell 5,000 shares of RCM Technologies was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total value of the sale is $136,350.
During Thursday's morning session, RCM Technologies shares up by 0.73%, currently priced at $27.64.
Discovering RCM Technologies: A Closer Look
RCM Technologies Inc is a provider of business and technology solutions designed to enhance and maximize the operational performance of its customers. It operates in three segments: Engineering, which provides a comprehensive portfolio of engineering and design services across three verticals: Energy Services, Process & Industrial, and Aerospace; Information Technology; and Specialty Health Care Services, engaged in providing the staffing of health care professionals, primarily health information management professionals, nurses, paraprofessionals, physicians, and therapists. The company generates maximum revenue from the Specialty Health Care segment. Geographically, it derives a majority of revenue from the United States and also has a presence in Canada, Puerto Rico, and Serbia.
Financial Milestones: RCM Technologies's Journey
Decline in Revenue: Over the 3 months period, RCM Technologies faced challenges, resulting in a decline of ...