PRGX Global, Inc. (PRGX) Director Matthew A. Drapkin Buys 25,042 Shares

PRGX Global, Inc. (NASDAQ:PRGX) Director Matthew A. Drapkin bought 25,042 shares of the stock in a transaction that occurred on Friday, November 10th. The shares were bought at an average cost of $7.19 per share, with a total value of $180,051.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Matthew A. Drapkin also recently made the following trade(s):

  • On Tuesday, August 22nd, Matthew A. Drapkin bought 13,947 shares of PRGX Global stock. The shares were bought at an average cost of $6.34 per share, with a total value of $88,423.98.
  • On Monday, August 21st, Matthew A. Drapkin acquired 9,191 shares of PRGX Global stock. The stock was acquired at an average cost of $6.35 per share, with a total value of $58,362.85.
  • On Wednesday, August 23rd, Matthew A. Drapkin acquired 37,370 shares of PRGX Global stock. The stock was acquired at an average cost of $6.35 per share, with a total value of $237,299.50.

PRGX Global, Inc. (PRGX) opened at $7.40 on Tuesday. PRGX Global, Inc. has a 12-month low of $4.85 and a 12-month high of $7.75. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.25.

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PRGX has been the subject of several research analyst reports. Zacks Investment Research raised PRGX Global from a “hold” rating to a “buy” rating and set a $8.25 price objective for the company in a research report on Wednesday, October 25th. B. Riley reissued a “buy” rating and issued a $8.00 price objective on shares of PRGX Global in a research report on Tuesday, August 22nd. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. PRGX Global has a consensus rating of “Buy” and a consensus target price of $7.00.

Hedge funds have recently bought and sold shares of the company. Tower Research Capital LLC TRC raised its position in shares of PRGX Global by 161.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 18,999 shares of the business services provider’s stock worth $123,000 after acquiring an additional 11,730 shares in the last quarter. OxFORD Asset Management LLP raised its position in shares of PRGX Global by 74.7% in the 2nd quarter. OxFORD Asset Management LLP now owns 18,858 shares of the business services provider’s stock worth $123,000 after acquiring an additional 8,063 shares in the last quarter. GSA Capital Partners LLP grew its stake in shares of PRGX Global by 3.7% in the 2nd quarter. GSA Capital Partners LLP now owns 44,014 shares of the business services provider’s stock valued at $286,000 after buying an additional 1,584 shares during the period. Cadence Capital Management LLC grew its stake in shares of PRGX Global by 5.8% in the 2nd quarter. Cadence Capital Management LLC now owns 236,775 shares of the business services provider’s stock valued at $1,539,000 after buying an additional 12,923 shares during the period. Finally, Thomson Horstmann & Bryant Inc. acquired a new stake in shares of PRGX Global in the 2nd quarter valued at about $2,426,000. 71.00% of the stock is owned by hedge funds and other institutional investors.

PRGX Global Company Profile

PRGX Global, Inc (PRGX), together with its subsidiaries, provides recovery audit and spend analytics services. The Company provides recovery audit, procure-to-pay performance improvement, spend analytics and risk management services principally to large businesses and government agencies. The Company operates through three segments: Recovery Audit Services-Americas, Recovery Audit Services-Europe/Asia-Pacific and Adjacent Services.

Insider Buying and Selling by Quarter for PRGX Global (NASDAQ:PRGX)

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