The COO of Cross Country Healthcare (NASDAQ: CCRN) is Buying Shares

Today, the COO of Cross Country Healthcare (NASDAQ: CCRN), William J. Burns, bought shares of CCRN for $29.8K.

This recent transaction increases William J. Burns’ holding in the company by 1.76% to a total of $1.71 million. In addition to William J. Burns, one other CCRN executive reported Buy trades in the last month.

See today’s analyst top recommended stocks >>

Based on Cross Country Healthcare’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $210 million and quarterly net profit of $1.64 million. In comparison, last year the company earned revenue of $208 million and had a GAAP net loss of $2.01 million. CCRN’s market cap is $422.8M and the company has a P/E ratio of 10.39. Currently, Cross Country Healthcare has an average volume of 57.73K.

Eight different firms, including Barrington and BMO Capital, currently also have a Buy rating on the stock. Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $12.80, reflecting a -7.6% downside.

The insider sentiment on Cross Country Healthcare has been positive according to 52 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Cross Country Healthcare, Inc. engages in the provision of healthcare staffing and workforce management solutions. It operates through the following segments: Nurse and Allied Staffing, Physician Staffing, and Other Human Capital Management Services.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts