What Did This CEO Just Do with Personal Shares of Sykes Enterprises Inc (NASDAQ: SYKE)?

By Carrie Williams

Today, the CEO & President of Sykes Enterprises Inc (NASDAQ: SYKE), Charles Sykes, sold shares of SYKE for $1.25M.

Following Charles Sykes’ last SYKE Sell transaction on August 31, 2017, the stock climbed by 4.5%.

Based on Sykes Enterprises Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $408 million and quarterly net profit of $21.7 million. In comparison, last year the company earned revenue of $386 million and had a net profit of $21.27 million. The company has a one-year high of $34.49 and a one-year low of $25.77. SYKE’s market cap is $1.33B and the company has a P/E ratio of 19.34.

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Sykes Enterprises, Inc. engages in the provision of outsourced customer contact management solutions and services. The firm operates through the following segments: Americas, EMEA, and Others. The Americas segment comprises of the United States, Canada, Latin America, Australia, and the Asia Pacific Rim.