Director Mark Furlong Sells 5,000 Shares of Kforce Inc (KFRC)

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On May 28, 2024, Mark Furlong, a Director at Kforce Inc (KFRC, Financial), executed a sale of 5,000 shares of the company. The transaction was documented in an SEC Filing. Following this transaction, the insider now owns 26,297 shares of Kforce Inc.

Kforce Inc is a professional staffing services and solutions firm that operates in the technology and finance sectors, providing skilled professionals for project-based and permanent roles.

Shares of Kforce Inc were priced at $61.7 on the day of the sale. The company's market cap is approximately $1.175 billion. The price-earnings ratio stands at 20.97, which is above both the industry median of 17.56 and the historical median for the company.

The GF Value of Kforce Inc is $62.21, indicating a price-to-GF-Value ratio of 0.99. This suggests that the stock is Fairly Valued.

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The GF Value is calculated considering historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.

Over the past year, the insider has sold a total of 5,000 shares and has not purchased any shares. The overall insider transaction history for Kforce Inc shows no insider buys in the past year, with a total of 5 insider sells recorded.

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This recent transaction by the insider continues the trend of sales observed over the past year, reflecting the insider's trading activities within the company.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.