Perficient Inc. (NASDAQ: PRFT) is 14.21% higher on its value in year-to-date trading and has touched a low of $42.51 and a high of $75.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PRFT stock was last observed hovering at around $75.11 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $75.17, the stock is 0.12% and 0.27% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.21 million and changing 0.08% at the moment leaves the stock 12.40% off its SMA200. PRFT registered 17.27% gain for a year compared to 6-month gain of 15.99%.
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The stock witnessed a -0.19% loss in the last 1 month and extending the period to 3 months gives it a 1.38%, and is 0.04% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.19% over the week and 0.22% over the month.
Perficient Inc. (PRFT) has around 6547 employees, a market worth around $2.64B and $882.15M in sales. Current P/E ratio is 35.99 and Fwd P/E is 18.18. Profit margin for the company is 8.48%. Distance from 52-week low is 76.83% and -0.44% from its 52-week high. The company has generated returns on investments over the last 12 months (7.58%).
The EPS is expected to shrink by -3.92% this year.
Perficient Inc. (PRFT) Top Institutional Holders
356.0 institutions hold shares in Perficient Inc. (PRFT), with institutional investors hold 98.58% of the company’s shares. The shares outstanding are 35.16M, and float is at 34.39M with Short Float at 6.03%. Institutions hold 96.43% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 5.39 million shares valued at $403.25 million. The investor’s holdings represent 15.7888% of the PRFT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.6 million shares valued at $$344.3 million to account for 13.4808 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 1.53 million shares representing 4.4796% and valued at over $114.41 million, while FIL LTD holds 4.0499 of the shares totaling 1.38 million with a market value of $103.43 million.
Perficient Inc. (PRFT) Insider Activity
The most recent transaction is an insider sale by Sheen Kevin Thomas,the company’sSenior Vice President. SEC filings show that Sheen Kevin Thomas sold 684 shares of the company’s common stock on Feb 21 ’24 at a price of $69.04 per share for a total of $47223.0. Following the sale, the insider now owns 26533.0 shares.
Perficient Inc. disclosed in a document filed with the SEC on Feb 22 ’24 that Sheen Kevin Thomas (Senior Vice President) sold a total of 338 shares of the company’s common stock. The trade occurred on Feb 22 ’24 and was made at $69.10 per share for $23356.0. Following the transaction, the insider now directly holds 26195.0 shares of the PRFT stock.
Still, SEC filings show that on Feb 21 ’24, Adomite Susan L. (SVP, Controller & PAO) disposed off 314 shares at an average price of $69.04 for $21679.0. The insider now directly holds 14,978 shares of Perficient Inc. (PRFT).
