Resources Connection Inc (RECN) Files Form 4 Insider Selling : Anne Shih Sells 2,430 Shares

Resources Connection Inc (RECN): Anne Shih , director of Resources Connection Inc sold 2,430 shares on May 11, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $15.08 per share for a total value of $36,644.40 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jan 8, 2016, Anthony Cherbak (CEO) purchased 2,000 shares at $14.00 per share price.On Oct 13, 2015, Tracy B Stephens (EVP & COO) sold 18,000 shares at $17.04 per share price.

Resources Connection: On Tuesday, May 10, 2016 heightened volatility was witnessed in Resources Connection which led to swings in the share price. The shares opened for trading at $14.98 and hit $15.26 on the upside , eventually ending the session at $15.16, with a gain of 1.47% or 0.22 points. The heightened volatility saw the trading volume jump to 1,08,307 shares. The 52-week high of the share price is $18.71 and the company has a market cap of $557 M . The 52-week low of the share price is at $12.3.

Resources Connection Money Flow Index Chart

Resources Connection Inc. is a multinational consulting firm. The Company’s operating entities primarily provide services under the name Resources Global Professionals (RGP). It provides consulting and business initiative support services to its global client base in the areas of accounting; finance; corporate governance risk and compliance management; corporate advisory strategic communications and restructuring; information management; human capital; supply chain management; healthcare solutions and legal and regulatory. It provides its services and solutions to a client base in a range of industries. Its information management practice provides planning and execution services in four primary areas: program and project management; business and technology integration; data strategy and management and information technology (IT) strategy and advisory. The two primary areas of its human capital practice are change management/business transformation and human resources operations.

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