Barrett Business Services (NASDAQ:BBSI) Director Boosts Holdings Amidst Q1 Financials

Font: Financial Modeling Prep  • May 13, 2026

• A director at Barrett Business Services (NASDAQ:BBSI) purchased 1,000 shares, signaling insider confidence despite recent financial results.
• The company reported a 3% increase in gross billings to $2.16 billion, meeting analyst expectations, but posted an earnings per share (EPS) loss of -$0.13.
• Excluding a one-time charge, the net loss was significantly lower at $3.20 million, providing a clearer view of the company's underlying operational health.

Barrett Business Services (NASDAQ:BBSI) is a company that provides human resources management services to businesses. On May 13, 2026, a director, Finn Mark Steven, purchased 1,000 shares of the company's stock at $28.60 per share. This action, often seen as a sign of insider confidence, increased his total holdings in BBSI to 20,943 shares.

This purchase follows the company's recent financial report. In the first quarter of 2026, BBSI saw its gross billings increase by 3% to $2.16 billion, as highlighted by GlobeNewswire. This growth in business activity met the Zacks Consensus Estimate, which is the average forecast of industry analysts.

Despite the revenue growth, BBSI reported a loss. Its earnings per share (EPS) was -$0.13. EPS is a measure of a company's profit for each share of its stock. While this loss is larger than the -$0.04 reported a year ago, it was better than the expected loss of -$0.15 per share.

The company's net loss of $14.80 million was impacted by a one-time charge related to a U.S. Tax Court decision. When this charge is excluded, the net loss was much lower at $3.20 million. This provides a clearer picture of the company's ongoing operational health.

CEO Gary Kramer stated that the results met company expectations, crediting stable margins and improved pricing. The director's purchase price of $28.60 is near the stock's recent price of $28.40, which is closer to the low end of its 52-week range of $25.33 to $49.65.