The EVP of Sykes Enterprises Inc (NASDAQ: SYKE) is Selling Shares

By Carrie Williams

Today, the EVP of Sykes Enterprises Inc (NASDAQ: SYKE), Lawrence Zingale, sold shares of SYKE for $828.3K.

In addition to Lawrence Zingale, 22 other SYKE executives reported Sell trades in the last month. Over the last month, Lawrence Zingale has reported another 3 Sell trades on SYKE for a total of $1.79M.

Based on Sykes Enterprises Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $390 million and quarterly net profit of $18.03 million. In comparison, last year the company earned revenue of $321 million and had a net profit of $13.95 million. The company has a one year high of $31.37 and a one year low of $25.77. SYKE’s market cap is $1.25B and the company has a P/E ratio of 19.86.

In the last 30 days, insiders have sold $4.68M worth of SYKE shares and purchased $6.72M worth of SYKE shares. The insider sentiment on Sykes Enterprises Inc has been neutral according to 84 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

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Sykes Enterprises, Inc. engages in the provision of outsourced customer contact management solutions and services. Its services include customer assistance, healthcare and roadside assistance, enterprise support services, technical support and product corporate help desk services. The company was founded by John H. Sykes in 1977 and is headquartered in Tampa, FL.