What Did This CEO Just Do with Personal Shares of BG Staffing (NYSE: BGSF)?

By Carrie Williams

Today, the President & CEO of BG Staffing (NYSE: BGSF), Allen Baker, sold shares of BGSF for $408.8K.

In addition to Allen Baker, 5 other BGSF executives reported Sell trades in the last month.

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Based on BG Staffing’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $70.95 million and quarterly net profit of $5.17 million. In comparison, last year the company earned revenue of $68.77 million and had a net profit of $2.28 million. BGSF’s market cap is $278.9M and the company has a P/E ratio of 26.08. Currently, BG Staffing has an average volume of 106.2K.

The insider sentiment on BG Staffing has been negative according to 12 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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BG Staffing, Inc. engages in the provision of staffing services. It operates through the following segments: Commercial, Multifamily, and Professional. The Commercial segment provides primarily to logistics, distribution, and call center customers needing a flexible workforce.