A Director at ASGN Incorporated (ASGN) is Buying Shares


Today, a Director at ASGN Incorporated (NYSE: ASGN), Edwin Sheridan, bought shares of ASGN for $1.31M.

This is Sheridan’s first Buy trade following 20 Sell transactions. This recent transaction increases Edwin Sheridan’s holding in the company by 2.04% to a total of $63.66 million.

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Based on ASGN Incorporated’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $906 million and quarterly net profit of $49.17 million. In comparison, last year the company earned revenue of $667 million and had a net profit of $34.86 million. ASGN’s market cap is $3.48B and the company has a P/E ratio of 21.35. Currently, ASGN Incorporated has an average volume of 660.1K.

Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $77.25, reflecting a 18.2% upside.

The insider sentiment on ASGN Incorporated has been negative according to 68 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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ASGN, Inc. provides information technology and professional services in the technology, creative, digital, engineering, and life sciences fields across commercial and government sectors. It operates through the following segments: Apex, Oxford, and ECS. The Apex segment provides technical, scientific, digital, and creative services and solutions to Fortune 1000 and mid-market clients across the United States and Canada. The Oxford segment offers hard to find technical, digital, engineering, and life sciences services and solutions in select skill and geographic markets. The ECS segment delivers advanced solutions in cloud, cybersecurity, artificial intelligence, machine learning, software development, IT modernization, and science and engineering primarily focused on Federal Government activities. The company was founded on December 30, 1985 and is headquartered in Calabasas, CA.

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