Insider Buying: PFSweb, Inc. (NASDAQ:PFSW) CFO Purchases $32,100.00 in Stock

PFSweb, Inc. (NASDAQ:PFSW) CFO Thomas J. Madden bought 15,000 shares of the firm’s stock in a transaction that occurred on Friday, August 30th. The shares were purchased at an average price of $2.14 per share, for a total transaction of $32,100.00. Following the transaction, the chief financial officer now owns 198,380 shares of the company’s stock, valued at approximately $424,533.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of PFSW traded up $0.13 during mid-day trading on Friday, reaching $2.33. The company had a trading volume of 33,437 shares, compared to its average volume of 62,624. The stock has a market cap of $42.75 million, a price-to-earnings ratio of 8.80 and a beta of 0.79. The firm has a fifty day simple moving average of $2.96 and a 200-day simple moving average of $4.26. PFSweb, Inc. has a fifty-two week low of $2.03 and a fifty-two week high of $8.88. The company has a current ratio of 1.13, a quick ratio of 1.04 and a debt-to-equity ratio of 1.49.

PFSweb (NASDAQ:PFSW) last announced its quarterly earnings results on Thursday, August 8th. The business services provider reported ($0.01) earnings per share for the quarter. The company had revenue of $68.51 million during the quarter. PFSweb had a net margin of 0.15% and a return on equity of 10.54%.

PFSW has been the topic of a number of analyst reports. ValuEngine lowered shares of PFSweb from a “hold” rating to a “sell” rating in a research report on Tuesday, August 27th. TheStreet lowered shares of PFSweb from a “c-” rating to a “d” rating in a research report on Friday, May 10th. Finally, Needham & Company LLC set a $5.00 target price on shares of PFSweb and gave the stock a “buy” rating in a research report on Friday, August 9th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. PFSweb has an average rating of “Buy” and an average price target of $8.44.

Institutional investors and hedge funds have recently made changes to their positions in the business. Teton Advisors Inc. boosted its holdings in shares of PFSweb by 7.5% in the 1st quarter. Teton Advisors Inc. now owns 361,330 shares of the business services provider’s stock valued at $1,883,000 after purchasing an additional 25,308 shares during the last quarter. AWM Investment Company Inc. boosted its holdings in shares of PFSweb by 64.6% in the 2nd quarter. AWM Investment Company Inc. now owns 1,832,185 shares of the business services provider’s stock valued at $7,420,000 after purchasing an additional 719,182 shares during the last quarter. Municipal Employees Retirement System of Michigan acquired a new position in shares of PFSweb in the 2nd quarter valued at $449,000. Alambic Investment Management L.P. boosted its holdings in shares of PFSweb by 74.7% in the 1st quarter. Alambic Investment Management L.P. now owns 124,198 shares of the business services provider’s stock valued at $647,000 after purchasing an additional 53,096 shares during the last quarter. Finally, Hollow Brook Wealth Management LLC acquired a new position in shares of PFSweb in the 1st quarter valued at $114,000. Institutional investors own 58.27% of the company’s stock.

PFSweb Company Profile

PFSweb, Inc provides omni-channel commerce solutions in the United States, Europe, Canada, and India. It operates through two segments, LiveArea Professional Services and PFS Operations. The company offers strategic commerce consulting services, including commerce strategy, omni-channel consulting, digital opportunity audit, organizational/operational readiness, and platform evaluation/selection services; and design and digital marketing services, such as design, user experience, interactive development, search engine optimization and paid search, affiliate marketing, conversion optimization, storefront management, email marketing, and digital analytics.

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Insider Buying and Selling by Quarter for PFSweb (NASDAQ:PFSW)

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