Menta Capital LLC boosted its position in BG Staffing Inc (NASDAQ:BGSF) by 5.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,042 shares of the company’s stock after purchasing an additional 950 shares during the period. Menta Capital LLC owned about 0.23% of BG Staffing worth $348,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in BGSF. New York State Common Retirement Fund purchased a new stake in BG Staffing in the 2nd quarter valued at approximately $129,000. Schwab Charles Investment Management Inc. acquired a new position in BG Staffing during the 2nd quarter worth approximately $192,000. Teachers Advisors LLC acquired a new position in BG Staffing during the 2nd quarter worth approximately $233,000. JPMorgan Chase & Co. increased its position in BG Staffing by 110.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 14,418 shares of the company’s stock worth $251,000 after purchasing an additional 7,559 shares during the period. Finally, TIAA CREF Investment Management LLC acquired a new position in BG Staffing during the 2nd quarter worth approximately $293,000.

Shares of BG Staffing Inc (NASDAQ:BGSF) opened at 16.98 on Tuesday. The stock has a market capitalization of $148.73 million and a P/E ratio of 18.38. The company has a 50 day moving average price of $15.96 and a 200-day moving average price of $16.20. BG Staffing Inc has a 1-year low of $11.23 and a 1-year high of $18.85.

BG Staffing (NASDAQ:BGSF) last posted its earnings results on Thursday, July 27th. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.24 by $0.01. BG Staffing had a net margin of 3.32% and a return on equity of 22.69%. The firm had revenue of $68.77 million during the quarter, compared to analysts’ expectations of $70.05 million. On average, equities research analysts forecast that BG Staffing Inc will post $1.02 EPS for the current fiscal year.

COPYRIGHT VIOLATION WARNING: “BG Staffing Inc (BGSF) Position Raised by Menta Capital LLC” was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this article on another website, it was illegally stolen and republished in violation of U.S. and international copyright law. The legal version of this article can be viewed at

Separately, Zacks Investment Research downgraded BG Staffing from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd.

BG Staffing Profile

BG Staffing, Inc (BG Staffing) is a provider of temporary staffing services. The Company provides temporary workers to a range of customers that are seeking to match their workforce requirements to their business needs. Its customers operate across a diverse set of industries. The Company’s operations are organized into three segments: Commercial, Multifamily and Professional.

Want to see what other hedge funds are holding BGSF? Visit to get the latest 13F filings and insider trades for BG Staffing Inc (NASDAQ:BGSF).

Institutional Ownership by Quarter for BG Staffing (NASDAQ:BGSF)

Receive News & Stock Ratings for BG Staffing Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BG Staffing Inc and related stocks with our FREE daily email newsletter.