Crown Advisors Management Inc. Buys New Position in Barrett Business Services, Inc. $BBSI

Posted by Francis Steltz on Aug 17th, 2026

Crown Advisors Management Inc. bought a new stake in shares of Barrett Business Services, Inc. (NASDAQ:BBSI – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 60,000 shares of the business services provider’s stock, valued at approximately $2,131,000. Barrett Business Services comprises 1.2% of Crown Advisors Management Inc.’s investment portfolio, making the stock its 25th biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Kestra Advisory Services LLC purchased a new stake in shares of Barrett Business Services during the 4th quarter valued at $39,000. Bard Associates Inc. purchased a new position in Barrett Business Services in the fourth quarter worth $50,000. Farther Finance Advisors LLC increased its stake in Barrett Business Services by 63.0% in the fourth quarter. Farther Finance Advisors LLC now owns 1,456 shares of the business services provider’s stock valued at $53,000 after acquiring an additional 563 shares during the last quarter. Tripletail Wealth Management LLC increased its stake in Barrett Business Services by 152.6% in the fourth quarter. Tripletail Wealth Management LLC now owns 1,920 shares of the business services provider’s stock valued at $70,000 after acquiring an additional 1,160 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in Barrett Business Services by 131.0% during the second quarter. GAMMA Investing LLC now owns 2,206 shares of the business services provider’s stock valued at $78,000 after purchasing an additional 1,251 shares in the last quarter. Hedge funds and other institutional investors own 86.76% of the company’s stock.

Analyst Upgrades and Downgrades

BBSI has been the subject of several research analyst reports. Weiss Ratings raised Barrett Business Services from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, July 13th. Wall Street Zen upgraded Barrett Business Services from a “sell” rating to a “hold” rating in a research report on Saturday, June 6th. Roth Capital cut Barrett Business Services from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $42.00 to $38.00 in a report on Thursday, August 6th. Citigroup restated an “outperform” rating on shares of Barrett Business Services in a research report on Thursday, August 6th. Finally, Zacks Research lowered Barrett Business Services from a “hold” rating to a “strong sell” rating in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $41.00.

Check Out Our Latest Analysis on Barrett Business Services

Insider Transactions at Barrett Business Services

In related news, Director Anthony Meeker sold 12,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $37.85, for a total transaction of $454,200.00. Following the transaction, the director directly owned 44,945 shares in the company, valued at $1,701,168.25. This trade represents a 21.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP James R. Potts sold 3,490 shares of Barrett Business Services stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $38.00, for a total value of $132,620.00. Following the completion of the transaction, the executive vice president directly owned 32,035 shares in the company, valued at $1,217,330. This trade represents a 9.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 20,779 shares of company stock valued at $786,233. 4.80% of the stock is currently owned by corporate insiders.

Barrett Business Services Price Performance

Shares of NASDAQ:BBSI opened at $32.24 on Monday. The stock has a market cap of $781.50 million, a PE ratio of 23.71, a PEG ratio of 1.20 and a beta of 0.94. The company’s fifty day moving average is $36.46 and its 200 day moving average is $32.84. Barrett Business Services, Inc. has a 52 week low of $25.33 and a 52 week high of $49.65.

Barrett Business Services (NASDAQ:BBSI – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The business services provider reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.04). Barrett Business Services had a net margin of 2.77% and a return on equity of 20.95%. The business had revenue of $319.27 million for the quarter, compared to analysts’ expectations of $321.55 million. Sell-side analysts anticipate that Barrett Business Services, Inc. will post 1.68 EPS for the current year.

Barrett Business Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 21st will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, August 21st. Barrett Business Services’s payout ratio is 23.53%.

About Barrett Business Services

(Free Report)

Barrett Business Services, Inc (NASDAQ: BBSI) is a professional employer organization (PEO) headquartered in Northridge, California. Founded in 1971 by Barrett K. Levesque, the company provides comprehensive human resources outsourcing solutions to small and mid-sized businesses. Through its consultative model, Barrett Business Services helps clients streamline administrative processes, mitigate regulatory risk and focus on core operations.

The company’s core offerings include payroll administration, employee benefits management, workers’ compensation and risk management services.