The EVP & CFO of Sykes Enterprises (SYKE) is Selling Shares


Yesterday, the EVP & CFO of Sykes Enterprises (SYKE), John Chapman, sold shares of SYKE for $383.4K.

Following John Chapman .’s last SYKE Sell transaction on June 05, 2020, the stock climbed by 7.3%. In addition to John Chapman, one other SYKE executive reported Sell trades in the last month.

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Based on Sykes Enterprises’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $432 million and GAAP net loss of -$5,091,000. In comparison, last year the company earned revenue of $398 million and had a net profit of $18.11 million. The company has a one-year high of $40.99 and a one-year low of $22.12. SYKE’s market cap is $1.52 billion and the company has a P/E ratio of 29.40.

Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $46.67, reflecting a -17.7% downside.

The insider sentiment on Sykes Enterprises has been negative according to 89 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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Sykes Enterprises, Inc. engages in the provision of multichannel demand generation and global customer engagement services. It operates through the following segments: Americas, Europe, the Middle East and Africa (EMEA), and Other. The Americas segment includes the United States, Canada, Latin America, Australia, and the Asia Pacific Rim; and offers outsourced customer engagement solutions and technical staffing. The EMEA segment covers outsourced customer engagement solutions and fulfillment services. The Other segment represents other items such as corporate and other costs, other income and expense, and income taxes. The company was founded by John H. Sykes in 1977 and is headquartered in Tampa, FL.

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