Today it was reported that the VP & COO-Corporate Operations of Barrett Business Services (NASDAQ: BBSI), Gregory Vaughn, exercised options to buy 16,000 BBSI shares at $11.08 a share, for a total transaction value of $177.3K.
Following Gregory Vaughn’s last BBSI Buy transaction on June 15, 2015, the stock climbed by 36.6%. Following this transaction Gregory Vaughn’s holding in the company was increased by 23.15% to a total of $6.47 million.
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Based on Barrett Business Services’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $232 million and quarterly net profit of $11.24 million. In comparison, last year the company earned revenue of $226 million and had a net profit of $11.13 million. BBSI’s market cap is $555.5M and the company has a P/E ratio of 21.40. Currently, Barrett Business Services has an average volume of 31.68K.
Starting in October 2009, BBSI received 12 Buy ratings in a row.
Gregory Vaughn’s trades have generated a 42.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Barrett Business Services, Inc. engages in the provision of business management solutions, human resource outsourcing, and management consulting. Its services include payroll processing, employee benefits, workers’ compensation coverage, risk management and workplace safety programs, human resource administration, recruiting, and permanent placement.
