Inside Sale: David Dunkel Sold 20,000 Shares of Kforce Inc. (KFRC); First Trust Strategic High Income Fund II (FHY) Has 1.23 Sentiment

Kforce Inc. (NASDAQ:KFRC) Logo

First Trust Strategic High Income Fund II (FHY) investors sentiment increased to 1.23 in 2017 Q4. It’s up 0.61, from 0.62 in 2017Q3. The ratio is more positive, as 16 funds started new or increased equity positions, while 13 sold and trimmed holdings in First Trust Strategic High Income Fund II. The funds in our database now hold: 1.82 million shares, up from 1.79 million shares in 2017Q3. Also, the number of funds holding First Trust Strategic High Income Fund II in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 7 Increased: 6 New Position: 10.

Kforce Inc. provides professional and technical specialty staffing services and solutions in the United States and internationally. The company has market cap of $816.51 million. It operates through three divisions: Technology , Finance and Accounting (FA), and Government Solutions (GS). It has a 25.46 P/E ratio. The Tech segment provides temporary staffing and permanent placement services to its clients primarily in the areas of information technology, such as systems/applications architecture and development, project management, enterprise data management, business intelligence, e-commerce, technology infrastructure, network architecture, and security.

The stock increased 3.76% or $1.2 during the last trading session, reaching $33.1. About 287,516 shares traded or 34.89% up from the average. Kforce Inc. (NASDAQ:KFRC) has risen 14.13% since May 9, 2017 and is uptrending. It has outperformed by 2.58% the S&P500.

More news for Kforce Inc. (NASDAQ:KFRC) were recently published by: Seekingalpha.com, which released: “Kforce’s (KFRC) CEO David Dunkel on Q1 2018 Results – Earnings Call Transcript” on May 02, 2018. Bizjournals.com‘s article titled: “Conference call takeaways from Tampa Bay’s biggest companies provide insight into their future” and published on May 04, 2018 is yet another important article.

The Chief Executive Officer of Kforce Inc, David Dunkel in the last few days received approx. $640,400 US Dollars for 20,000 shares in the Kforce Inc company at an approx. $32.0 for a share. He also sold 40,000 shares that are worth about $1,193,474 USD in the last month. This sizable sale occurred on 08-05-2018 and was which was filed with the U.S. SEC. The original report is ready for use online here. Due to the significance of this deal, it will not remain hidden. He owns 3.73% of the -company’s market cap with a total of 919,369 shares.

Among 6 analysts covering Kforce.com (NASDAQ:KFRC), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Kforce.com has $33 highest and $20.0 lowest target. $28.60’s average target is -13.60% below currents $33.1 stock price. Kforce.com had 12 analyst reports since November 4, 2015 according to SRatingsIntel. As per Tuesday, February 6, the company rating was maintained by Northcoast. The rating was downgraded by Credit Suisse to “Neutral” on Friday, February 24. The stock of Kforce Inc. (NASDAQ:KFRC) earned “Buy” rating by Robert W. Baird on Monday, September 11. The rating was initiated by Deutsche Bank on Thursday, August 18 with “Hold”. The firm has “Mkt Perform” rating by Avondale given on Monday, December 19. SunTrust maintained the stock with “Hold” rating in Wednesday, January 31 report. The firm has “Hold” rating by Deutsche Bank given on Wednesday, August 2. The stock of Kforce Inc. (NASDAQ:KFRC) earned “Hold” rating by SunTrust on Wednesday, October 11. The rating was upgraded by Northcoast to “Buy” on Monday, November 6. The firm has “Outperform” rating given on Wednesday, February 7 by Robert W. Baird.

Investors sentiment increased to 1.2 in 2017 Q4. Its up 0.02, from 1.18 in 2017Q3. It increased, as 11 investors sold Kforce Inc. shares while 43 reduced holdings. 19 funds opened positions while 46 raised stakes. 20.81 million shares or 0.02% more from 20.81 million shares in 2017Q3 were reported. Cubist Systematic Strategies Limited Liability Corporation accumulated 11,806 shares or 0.02% of the stock. First Quadrant L P Ca, a California-based fund reported 1,947 shares. Campbell Investment Adviser Ltd Liability Corporation reported 0.16% stake. Texas-based Dimensional Fund Advisors L P has invested 0.02% in Kforce Inc. (NASDAQ:KFRC). 69 were reported by Point72 Asia (Hong Kong) Limited. Voya Inv Management Ltd Liability Corp has 11,994 shares for 0% of their portfolio. Citigroup Incorporated invested in 3,721 shares or 0% of the stock. Dubuque Bancorp reported 12,031 shares. Price T Rowe Md holds 0% of its portfolio in Kforce Inc. (NASDAQ:KFRC) for 52,164 shares. Invesco Limited holds 0.02% or 2.22 million shares. 201,818 were reported by Commercial Bank Of New York Mellon. Ftb Advisors holds 0% in Kforce Inc. (NASDAQ:KFRC) or 1,691 shares. Paradigm Cap Management Ny reported 0.29% in Kforce Inc. (NASDAQ:KFRC). Swiss Natl Bank holds 0% or 41,100 shares. First Mercantile Tru Com owns 5,055 shares.

Since December 8, 2017, it had 0 insider buys, and 23 selling transactions for $4.93 million activity. The insider DUNKEL DAVID L sold $39,750. ALLRED JOHN sold $71,625 worth of stock. Shares for $11,470 were sold by BLACKMAN MICHAEL R on Wednesday, January 3. The insider STRUZZIERO RALPH sold $39,825. The insider LIBERATORE JOSEPH J sold 21,380 shares worth $580,467. 7,363 shares valued at $191,953 were sold by Edmund Robert William on Friday, January 5. Mitchell Kye L. had sold 15,907 shares worth $392,108 on Monday, February 12.

The stock decreased 0.08% or $0.01 during the last trading session, reaching $12. About 8,577 shares traded. First Trust Strategic High Income Fund II (FHY) has declined 4.44% since May 9, 2017 and is downtrending. It has underperformed by 15.99% the S&P500.

Kforce Inc. (NASDAQ:KFRC) Institutional Positions Chart