Insider Buying: ASGN (NYSE:EFOR) Director Buys $37,740.00 in Stock

ASGN Incorporated (NYSE:EFOR) Director Jonathan Holman bought 2,000 shares of the firm’s stock in a transaction that occurred on Friday, April 24th. The shares were acquired at an average price of $18.87 per share, with a total value of $37,740.00. Following the purchase, the director owned 15,893 shares in the company, valued at $299,900.91. This trade represents a 14.40% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

ASGN Stock Performance

Shares of NYSE:EFOR opened at $22.91 on Thursday. ASGN Incorporated has a twelve month low of $18.50 and a twelve month high of $60.75. The company has a market cap of $946.18 million, a P/E ratio of 10.14 and a beta of 0.89. The company has a quick ratio of 2.16, a current ratio of 2.16 and a debt-to-equity ratio of 0.82.

ASGN (NYSE:EFOR) last announced its earnings results on Wednesday, April 22nd. The company reported $0.69 earnings per share for the quarter, missing the consensus estimate of $0.97 by ($0.28). ASGN had a net margin of 2.46% and a return on equity of 10.30%. The business had revenue of $968.30 million for the quarter. During the same period last year, the firm posted $0.92 EPS. The firm’s revenue for the quarter was up .0% compared to the same quarter last year. ASGN has set its Q2 2026 guidance at 0.720-0.900 EPS. Research analysts forecast that ASGN Incorporated will post 3.39 EPS for the current fiscal year.

Institutional Trading of ASGN

A number of hedge funds have recently modified their holdings of EFOR. EverSource Wealth Advisors LLC lifted its position in shares of ASGN by 85.3% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 543 shares of the company’s stock worth $26,000 after acquiring an additional 250 shares during the period. GAMMA Investing LLC lifted its position in shares of ASGN by 97.8% in the 4th quarter. GAMMA Investing LLC now owns 542 shares of the company’s stock worth $26,000 after acquiring an additional 268 shares during the period. Torren Management LLC bought a new stake in shares of ASGN in the 4th quarter worth approximately $34,000. Rothschild Investment LLC lifted its position in shares of ASGN by 119.0% in the 4th quarter. Rothschild Investment LLC now owns 1,014 shares of the company’s stock worth $49,000 after acquiring an additional 551 shares during the period. Finally, Parallel Advisors LLC lifted its position in shares of ASGN by 190.8% in the 4th quarter. Parallel Advisors LLC now owns 1,390 shares of the company’s stock worth $67,000 after acquiring an additional 912 shares during the period. Institutional investors own 95.36% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Zacks Research downgraded ASGN from a “hold” rating to a “strong sell” rating in a research note on Friday, April 24th. Weiss Ratings reiterated a “sell (d+)” rating on shares of ASGN in a research report on Monday, April 20th. Truist Financial downgraded ASGN from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $60.00 to $33.00 in a research report on Thursday, April 23rd. BMO Capital Markets downgraded ASGN from an “outperform” rating to a “market perform” rating and set a $33.00 price objective for the company. in a research report on Thursday, April 23rd. Finally, Robert W. Baird reduced their price objective on ASGN from $62.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. Four investment analysts have rated the stock with a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $35.67.

About ASGN

ASGN is a provider of professional services that connects skilled talent with organizations seeking technology, digital, creative and engineering expertise. The firm focuses on staffing and workforce solutions, delivering contract and permanent placement services as well as project-based consulting and managed services to support clients’ technical and operational needs.

Its offerings commonly include IT consulting, digital transformation support, application development and maintenance, data and analytics, cybersecurity, cloud services and engineering resources.