It was reported on December 13, that David M Kelly, Chief Operating Officer at Kforce (NASDAQ:KFRC) executed a significant insider sell, according to an SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday outlined that Kelly executed a sale of 5,000 shares of Kforce with a total value of $350,000.
As of Thursday morning, Kforce shares are down by 0.0%, currently priced at $69.49.
Delving into Kforce's Background
Kforce Inc provides professional and technical specialty staffing services and solutions. The company operates two business segments: 1) technology segment where the company provides talent solutions with candidates skilled in areas including systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security. 2) FA segment where the company offers consultants in traditional finance and accounting roles such as finance, planning and analysis; business intelligence analysis; general accounting; transactional accounting business and cost analysis; and taxation and treasury. The majority of revenue is earned through the technology segment.
Breaking Down Kforce's Financial Performance
Revenue Challenges: Kforce's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline ...