Atlantic International (NASDAQ:CIRC) CEO Guus Paul Wilhelm Franke Sells 308,783 Shares

Atlantic International Corp. (NASDAQ:CIRC) CEO Guus Paul Wilhelm Franke sold 308,783 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $1.00, for a total value of $308,783.00. Following the transaction, the chief executive officer directly owned 12,207,287 shares of the company’s stock, valued at approximately $12,207,287. This trade represents a 2.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Atlantic International Price Performance

Shares of CIRC opened at $0.63 on Wednesday. Atlantic International Corp. has a twelve month low of $0.41 and a twelve month high of $5.25. The company has a market cap of $51.21 million, a PE ratio of -0.47 and a beta of 0.79.

Atlantic International (NASDAQ:CIRC) last announced its quarterly earnings data on Monday, June 22nd. The company reported ($0.44) EPS for the quarter. The firm had revenue of $249.89 million for the quarter.

About Atlantic International

Atlantic International Corp. is a specialty staffing and workforce solutions company that provides professional and administrative talent to clients across a range of industries. Through its operating businesses, the company focuses on connecting employers with qualified candidates for temporary, temp-to-perm, and permanent placement needs.

The company’s services are generally centered on staffing, recruitment, and workforce management support, helping organizations address labor shortages and staffing fluctuations.