Director Archives - Benefit Group

December 22, 2022

The Independent Director of Barrett Business Services, Inc. (NASDAQ:BBSI), Jon Justesen, Just Bought 20{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} More Shares

Investors who take an interest in Barrett Business Services, Inc. (NASDAQ:BBSI) should definitely note that the Independent Director, Jon Justesen, recently paid US$92.85 per share to buy US$464k worth of the stock. That’s a very solid buy in our book, and increased their holding by a noteworthy 20{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

View our latest analysis for Barrett Business Services

The Last 12 Months Of Insider Transactions At Barrett Business Services

In the last twelve months, the biggest single sale by an insider was when the Executive VP & COO, Gerald Blotz, sold US$626k worth of shares at a price of US$84.49 per share. So it’s clear an insider wanted to take some cash off the table, even below the current price of US$94.34. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. While insider selling is not a positive sign, we can’t be sure if it does mean insiders think the shares are fully valued, so it’s only a weak sign. We note that the biggest single sale was only 17{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of Gerald Blotz’s holding.

Happily, we note that in the last year insiders paid US$558k for 6.33k shares. On the other hand they divested 10.25k shares, for US$866k. All up, insiders sold more shares in Barrett Business Services than they bought, over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume — NasdaqGS:BBSI Insider Trading Volume December 21st 2022

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Barrett Business Services insiders own about US$35m worth of shares. That equates to 5.3{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the company. While this is a strong but not outstanding level of insider ownership, it’s enough to indicate some alignment between management and smaller shareholders.

So What Do The Barrett Business Services Insider Transactions Indicate?

It’s certainly positive to see the recent insider purchase. On the other hand the transaction history, over the last year, isn’t so positive. The more recent transactions are a positive, but Barrett Business Services insiders haven’t shown the sustained enthusiasm that we look for, although they do own a decent number of shares, overall. So they seem pretty well aligned, overall. So these insider transactions can help us build a thesis about the stock, but it’s also worthwhile knowing the risks facing this company. To assist with this, we’ve discovered 1 warning sign that you should run your eye over to get a better picture of Barrett Business Services.

Of course Barrett Business Services may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

What are the risks and opportunities for Barrett Business Services?

Barrett Business Services, Inc. provides business management solutions for small and mid-sized companies in the United States.

View Full Analysis

Rewards

Trading at 42.2{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} below our estimate of its fair value
Earnings are forecast to grow 6.78{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} per year
Earnings grew by 33.9{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} over the past year

Risks

High level of non-cash earnings

View all Risks and Rewards

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

November 15, 2022

Four Questions: Janice Scheutzow, Exec. Director of Financial Aid – News

Immediately after in excess of 20 a long time of expertise serving larger instruction establishments, Janice Scheutzow is taking on the job as executive director of economical help at Hamilton. She most not long ago was director of economical assist at Nazareth University in Rochester, N.Y. Scheutzow has also worked in home loan funding, but her legitimate passion lies in helping learners as a result of the financial assist approach. As the fall semester starts to wrap up, we sat down with Scheutzow to master much more about her place and impressions of Hamilton so considerably.

What motivated you to start out working in finance?
I genuinely appreciate aiding persons by intricate procedures. Ahead of performing in bigger schooling, I worked in mortgage loan financing and I was keen to get out of the corporate marketplace and into bigger education. Serving as a financial support director really gave me the great possibility to do that. Both equally home loans and fiscal assist contain new, international, intimidating processes for households. There are federal forms, terminology, it is just so a lot not known for families and I like to be equipped to be a tutorial for them. My intention is to provide and help my learners as very best I can.

What has been your beloved aspect of Hamilton so far?
By much the generosity. Hamilton presents help on all aspects for their pupils. It is not just financial, it is instructional and psychological as perfectly. I have been definitely amazed with the level of determination Hamilton has to its college students and their achievement. I am coming from a faculty that was not as perfectly-resourced as Hamilton and it has been a good adjust to be in a position to deliver learners with solutions in conditions of assist.

What suggestions do you have for future college students receiving associated in the fiscal aid method?
I would say get to out to us if they have any inquiries at all. There is a ton of information and facts on Hamilton’s site to tutorial family members, but if there is ever a query about one thing, remember to give us a phone or ship us an email. We are truly in this article to enable our households by means of this approach and I adore getting equipped to aid pupils.

How significant of an gain do you really feel Hamilton’s need to have blind admission is?
I consider it’s a enormous gain and it is an even bigger advantage when paired with Hamilton’s plan of assembly 100{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of a student’s demonstrated want. The mix of those two procedures definitely can be everyday living-changing for pupils. Hamilton also has plans like the Student Emergency Assist Modern society Fund (SEAS) that seriously illustrate how Hamilton fulfills its mission to assistance all learners. In terms of economic assist, Hamilton doesn’t just say it, they execute it far too.

November 11, 2022

Mayor, Small Business Services Appoint Dasheeda Dawson as Cannabis NYC Director

Mayor Eric Adams fulfills with Dasheeda Dawson, Founding Director of Hashish NYC. Picture Credit history: Ed Reed/Mayoral Images Business.

As the initiative’s founding director, Dawson will serve as the most important liaison among SBS, other city companies, and vital stakeholders. On October 12, 2022, Mayor Eric Adams and Compact Enterprise Commissioner Kevin Kim introduced the appointment of Dasheeda Dawson as founding director of the City’s new Hashish NYC initiative. For CityLand’s past protection of the Hashish NYC initiative, click below.

As director, Dawson will be the main liaison among SBS and other town businesses, the New York Condition Place of work of Cannabis Management (NYSOCM), and group stakeholders like elected officials, community boards, and field associations. Dawson will also assistance set up, and finally collaborate with, the NYC Hashish Advisory Council, an advisory board of sector and neighborhood stakeholders making sure an equitable, progressive hashish industry.

Dawson is a world wide hashish advocate, award-successful Fortune 100 organization strategist, and a bestselling creator on the cannabis field. She earned a degree in molecular biology from Princeton and an MBA from Rutgers Business School, serves as Board chair of the Hashish Regulators of Coloration Coalition, and has worked in the cannabis market for practically a 10 years.

Previously, Dawson advocated for the landmark NYS Marijuana Regulation and Taxation Act, which was effectively passed in 2021. At the same time, Dawson was also tapped to direct hashish regulation efforts in Portland, Oregon. As hashish software supervisor for the Metropolis of Portland, Dawson oversaw all regulatory licensing, compliance, instruction, and equity initiatives and managed the Social Fairness & Instructional Growth (SEED) Initiatives. Her office’s SEED Initiatives included the SEED Grant Fund, the country’s initial community reinvestment fund tied to regional hashish tax income.

Beneath Dawson’s leadership, Portland also approved a multimillion-dollar Hashish Emergency Relief Fund, getting the country’s 1st authorities jurisdiction to allocate cannabis tax earnings to present support and unexpected emergency relief to the business.

Dawson has been given assist from stakeholders like the Drug Policy Alliance, NYSOCM, U.S. Associates Jerry Nadler and Adriano Espaillat, and NYS Assembly Bulk Leader Crystal Peoples-Stokes.

Dawson shared that her appointment was a whole-circle moment: “Growing up in East New York, I survived the top of cannabis prohibition and witnessed specific enforcement derail the lives of my buddies and spouse and children. I was stopped, searched, and handled like a felony in advance of I ever touched the plant, which shaped my initial perceptions. Now, as a cannabis patient, educator, and regulator, I get to help other individuals, modest firms, and community stakeholders in the increasing field so that hashish — as soon as employed to suppress communities like mine — can be tapped as a tool for transformation.”

SBS Commissioner Kevin Kim additional, “Her expert working experience as an educator, regulator, entrepreneur, and advocate makes her ready for this minute. Her particular working experience — as someone who has been impacted right by the ‘War on Drugs’ — also uniquely get ready her to direct this groundbreaking initiative. I am self-assured that with Dasheeda at the helm of Cannabis NYC, we will help innumerable New Yorkers improved have an understanding of and fully just take advantage of this newfound option.”

Deputy Mayor for Financial and Workforce Improvement Maria Torres-Springer: “New York Metropolis is dedicated to making the country’s most equitable cannabis business. By naming an knowledgeable and attained industry chief like Dasheeda Dawson as founding director of Cannabis NYC, we are making sure our financial and social fairness goals will be fulfilled as this business grows across the city.”

Mayor Adams: “Our administration is committed to planting the seeds for fairness in a significant-advancement, budding sector like hashish profits. The nation’s most equitable cannabis business will be in New York Town, and to travel that purpose property, we have decided on a confirmed chief with unmatched expertise and believability in this area. Dasheeda Dawson will fill the requirements of business people in this space, and as a person with lived expertise and who was harmed by the ‘War on Drugs,’ this is private for her.”

By: Cassidy Robust (Cassidy is a CityLaw intern and a New York Legislation Faculty student, Class of 2024.)

Mayor’s Business office: Mayor Adams, Division of Smaller Company Expert services Appoint Dasheeda Dawson as Cannabis NYC Founding Director, Oct 12, 2022.

September 21, 2022

Barrett Business Services, Inc. (NASDAQ:BBSI) Director Sells $144,350.67 in Stock

Barrett Business Services, Inc. (NASDAQ:BBSI – Get Rating) Director Anthony Meeker sold 1,821 shares of the firm’s stock in a transaction dated Friday, September 16th. The stock was sold at an average price of $79.27, for a total value of $144,350.67. Following the completion of the transaction, the director now owns 15,721 shares of the company’s stock, valued at approximately $1,246,203.67. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Barrett Business Services Trading Down 1.3 {ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}

Shares of BBSI traded down $1.05 during trading hours on Tuesday, reaching $80.81. 24,812 shares of the company’s stock traded hands, compared to its average volume of 48,052. The stock has a market cap of $572.86 million, a PE ratio of 13.67, a price-to-earnings-growth ratio of 0.91 and a beta of 1.37. The firm’s 50 day simple moving average is $80.90 and its 200-day simple moving average is $76.43. Barrett Business Services, Inc. has a 12 month low of $57.76 and a 12 month high of $86.82.

Barrett Business Services (NASDAQ:BBSI – Get Rating) last issued its quarterly earnings results on Wednesday, August 3rd. The business services provider reported $2.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.87 by $0.61. Barrett Business Services had a return on equity of 22.59{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} and a net margin of 4.33{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. During the same quarter in the prior year, the firm posted $2.24 earnings per share. As a group, analysts expect that Barrett Business Services, Inc. will post 6.3 earnings per share for the current fiscal year.

Barrett Business Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 2nd. Investors of record on Friday, August 19th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, August 18th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.48{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. Barrett Business Services’s dividend payout ratio is 20.41{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Analysts Set New Price Targets

Several brokerages have commented on BBSI. Sidoti restated a “buy” rating and issued a $97.00 target price on shares of Barrett Business Services in a research note on Tuesday, June 14th. TheStreet upgraded Barrett Business Services from a “c+” rating to a “b” rating in a research note on Friday, August 19th. Four equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $102.33.

Hedge Funds Weigh In On Barrett Business Services

A number of large investors have recently modified their holdings of the company. Polaris Capital Management LLC raised its holdings in shares of Barrett Business Services by 7,355.4{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the 2nd quarter. Polaris Capital Management LLC now owns 2,065,150 shares of the business services provider’s stock valued at $88,099,000 after buying an additional 2,037,450 shares in the last quarter. BlackRock Inc. raised its holdings in shares of Barrett Business Services by 5.1{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the 1st quarter. BlackRock Inc. now owns 564,551 shares of the business services provider’s stock valued at $43,735,000 after buying an additional 27,181 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Barrett Business Services by 7.4{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the 1st quarter. American Century Companies Inc. now owns 487,202 shares of the business services provider’s stock valued at $37,744,000 after buying an additional 33,598 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Barrett Business Services by 45.9{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the 2nd quarter. JPMorgan Chase & Co. now owns 358,518 shares of the business services provider’s stock worth $26,125,000 after purchasing an additional 112,806 shares during the period. Finally, Private Capital Management LLC increased its stake in Barrett Business Services by 11.3{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the 2nd quarter. Private Capital Management LLC now owns 264,475 shares of the business services provider’s stock worth $19,272,000 after purchasing an additional 26,745 shares during the period.

About Barrett Business Services

(Get Rating)

Barrett Business Services, Inc provides business management solutions for small and mid-sized companies in the United States. The company develops a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry.

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While Barrett Business Services currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

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July 21, 2022

Director Chopra’s Prepared Remarks to the Financial Literacy and Education Commission

Thank you, Under Secretary Liang, and to all of you for remaining below. I’m extremely pleased that we are revitalizing the perform of this group.

As we open up this session, I imagine it is crucial to reflect on the function of the Fee and recognize what we have discovered. I want to share a number of observations about wherever we are.

Initial, money education can be damaging, and we ought to be careful to do it the correct way.
Second, we have to emphasis on fiscal schooling that permits households know how to spot dangers, in which to get enable, and how to assert their legal rights when anything goes incorrect.

By shifting our efforts and emphasis, we can aid people transfer forward, rather than making matters even worse for them.

It is tempting to believe that the principal antidote for curing American families’ money woes is simply to have them develop into extra economically literate.

But just as we never anticipate absolutely everyone to turn into authorities in drugs to handle their health and fitness problems, or become a qualified mechanic just to travel a auto, producing economic know-how has to be a healthful mix of unique curiosity, supported with empowerment been given from engagement with reliable methods, in get to obtain the best final results.

Money literacy can be a double-edged sword. When we have financial sources that are adaptive, accessible, correct, and well timed, it arms us to be skeptical, to negotiate, and to communicate up when a little something is erroneous.

But owning outdated, really hard-to-find fiscal methods causes consumer irritation, discourages engagement, and drives men and women to illegitimate assets that engage in to their biases. This can, in change, generate a untrue sense of information and overconfidence on the subject matter make any difference.

Each 12 months, massive monetary establishments shell out billions of pounds on internet marketing supplies, which are not required to be finish or objective. For each $1 put in by money educators, $25 is used on monetary marketing and advertising. Making use of modern marketing systems, like behavioral marketing on social media platforms, firms can goal buyers and organizations by leveraging specific psychographic information. Some of this advertising and marketing can even be disguised as neutral information.

This promoting barrage generates an details imbalance that can hinder a consumer’s understanding of their legal rights, the accurate value of their fiscal decisions, and where to convert for assist.

Some economic education and learning can really make men and women even worse off, by building overconfidence or a reliance on biased details. A different negative end result of fiscal education and learning is that it can give persons a deep perception of disgrace, minimize engagement, and develop a reluctance to come across a path to a more stable monetary condition. We saw this up near and particular in the subprime home loan disaster, and the impacts are nevertheless getting felt these days.

Heading forward, we have to aim on money training that allows family members know how to place dangers, exactly where to get enable, and how to assert their rights when one thing goes mistaken.

We require to contemplate what information is required, who desires it, when they need to have it, and how we deliver it. A good deal of excellent sources for monetary motion techniques exist, but they are not always effectively remaining been given by the suitable audience at the ideal time.

The CFPB made the Five Concepts of Helpful Economic Instruction to deliver investigation-based direction to the area on efficient methods to money instruction. It is a fantastic resource for serving to people acquire manage of their funds habits and fiscal perfectly-being.

Federal businesses want to acquire a really hard look at our individual function. We don’t want our have products to damage households. The CFPB carries on to evolve its have methods, which have been made use of by tens of millions of Us residents. We have specifically concentrated some of this operate on armed service families, more mature Us citizens, and youthful People.

The major goal for an agency’s instructional methods need to be for buyers to know exactly where to go for further aid if they are not able to resolve concerns on their possess. It would be extremely challenging for buyers to resolve challenges when they are not conscious of how to spot dangers and the sources out there to support them. Buyers are also often unaware of the therapies and means readily available to them, and we inspire a government-wide energy on this aspect.

The CFPB carries on to examine institutions’ advertising and marketing techniques, especially when it arrives to how providers are marketing to really hard-to-achieve communities, which include all those consumers with restricted English proficiency. We are significantly involved about tactics that create financial pitfalls, guide to costly charges, or impede consumers’ comprehension of their legal rights. We will also study how the consumer facts being collected by fiscal establishments may possibly be utilised in conjunction with deceptive advertising ways.

I am also thrilled to see how numerous money institutions are searching at their individual financial education and learning initiatives, such as how it intersects with their obligations underneath the Group Reinvestment Act.

We require your partnership in this exertion. When agencies proficiently coordinate and get buyers to the correct actionable information as quickly as achievable, it produces a better chance that money instruction will be effective.

I glance forward to evolving our work with just about every of you prolonged following today’s conference. Thank you.

January 29, 2022

Maggie Ogrodny named new director of business services at College of DuPage

In her new job as Director of Business enterprise Services at University of DuPage, Maggie Ogrodny will oversee Campus Companies, Convention and Function Companies, Procurement Services and the college’s contracts with company partners like Follett and Sodexo.

Considering that 2006, Ogrodny steadily progressed by way of supervisory and management positions at the college or university dependent on her exceptional leadership and analytical skills, explained COD Vice President of Administrative Affairs Ellen Roberts.

“Maggie has shown that she can handle huge tasks, direct by means of alter, carry out enhancements in a structured and methodical fashion, and satisfy challenges as they occur,” she stated.

Ogrodny has labored in the Small business Solutions Division given that 2013, advancing to Aid Expert services supervisor and at some point to Campus Services manager in 2017. She has managed the greatest of the 3 Organization Providers locations — Campus Services — for the past a few several years and has made substantial enhancements to enable strengthen the institution.

She led a campus-extensive upgraded output devices initiative that resulted in essential price tag and time personal savings for the College, which served to improve college student achievement. In addition, Ogrodny spearheaded the implementation of the inaugural on-campus COVID-19 exam sample assortment centre. This included developing the web site set-up, examining info to build the center hrs for its maximum and most effective use for hundreds of staff members and learners, and functioning with Defend Illinois to guarantee exceptional centre usage.

“I glance ahead to taking care of several assignments and operating really hard to foster very good relations throughout departments,” Ogrodny reported. “I delight in problems and handle any concerns as alternatives to strengthen our skills and develop our contribution to COD and the pupils we serve.”

Ogrodny acquired her associate diploma in Small business Administration from COD and her bachelor’s degree in Organizational Leadership at Benedictine University.