Cable Car Capital LP acquired a new position in shares of GEE Group Inc. (NYSE:JOB – Free Report) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 6,909,748 shares of the company’s stock, valued at approximately $1,451,000. Cable Car Capital LP owned approximately 0.06% of GEE Group at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of JOB. Citadel Advisors LLC lifted its stake in GEE Group by 62.7% in the 3rd quarter. Citadel Advisors LLC now owns 183,789 shares of the company’s stock valued at $38,000 after purchasing an additional 70,842 shares during the last quarter. Focus Partners Wealth grew its stake in shares of GEE Group by 98.5% during the third quarter. Focus Partners Wealth now owns 149,077 shares of the company’s stock worth $31,000 after buying an additional 73,993 shares during the last quarter. BlackRock Inc. acquired a new position in shares of GEE Group during the second quarter worth $53,000. NewEdge Advisors LLC acquired a new position in shares of GEE Group during the first quarter worth $121,000. Finally, Renaissance Technologies LLC increased its holdings in GEE Group by 64.7% in the 1st quarter. Renaissance Technologies LLC now owns 1,288,926 shares of the company’s stock worth $309,000 after purchasing an additional 506,185 shares in the last quarter. Institutional investors own 30.38% of the company’s stock.
GEE Group Trading Up 0.3%
GEE Group stock opened at $0.26 on Wednesday. The company has a market capitalization of $28.11 million, a PE ratio of -1.16 and a beta of 0.65. GEE Group Inc. has a 12 month low of $0.17 and a 12 month high of $0.28. The stock has a 50-day moving average price of $0.22 and a two-hundred day moving average price of $0.23.
GEE Group Company Profile
GEE Group Inc (NYSE: JOB) is a workforce management firm that provides staffing, consulting and managed services across a range of industries. The company places professionals on a temporary, contract-to-hire and direct-hire basis, serving sectors such as industrial and manufacturing, logistics and transportation, energy and utilities, government, and professional services. GEE Group’s staffing capabilities extend from entry-level positions to specialized technical and engineering roles.
In addition to traditional staffing solutions, GEE Group offers managed workforce programs designed to streamline talent acquisition and workforce administration for large-scale projects.
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