The President & CEO of Barrett Business Services is Exercising Options

By Carrie Williams

Yesterday it was reported that the President & CEO of Barrett Business Services (BBSIResearch Report), Michael Elich, exercised options to sell 16,987 BBSI shares at $14.67 a share, for a total transaction value of $1.59M.

Following Michael Elich’s last BBSI Sell transaction on November 06, 2014, the stock climbed by 71.2%.

See today’s analyst top recommended stocks >>

Based on Barrett Business Services’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $248 million and quarterly net profit of $24.97 million. In comparison, last year the company earned revenue of $247 million and had a net profit of $19.09 million. The company has a one-year high of $95.64 and a one-year low of $53.10. Currently, Barrett Business Services has an average volume of 41.52K.

The insider sentiment on Barrett Business Services has been negative according to 38 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. 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.

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.