Paul E Martin, Chief Financial Officer at Perficient (NASDAQ:PRFT), disclosed an insider purchase on February 22, based on a new SEC filing.
What Happened: In a recent Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, Martin increased their investment in Perficient by purchasing 39,976 shares through open-market transactions, signaling confidence in the company's potential. The total transaction value is $2,759,943.
At Friday morning, Perficient shares are down by 0.0%, trading at $69.1.
Discovering Perficient: A Closer Look
Perficient Inc provides a variety of information technology and consulting services that focus on digital experience, business optimization, and IT solutions. The company's services include big data analytics, technology platform implementations, enterprise content management, portals and collaboration, management consulting, custom applications, business integration, business process management, and customer relationship management. It serves the healthcare, financial services, retail, and electronics industries. The vast majority of the company's revenue comes from the United States.
Perficient: Delving into Financials
Revenue Challenges: Perficient's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline of approximately -1.92%. This indicates a decrease in top-line earnings. In comparison to its industry peers, ...