Concentrix: Insider Selling: Olivier Duha Unloads $5.27M Of Concentrix Stock

On April 17, a recent SEC filing unveiled that Olivier Duha, Director at Concentrix (NASDAQ:CNXC) made an insider sell.What Happened: Duha's decision to sell 108,843 shares of Concentrix was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total value of the sale is $5,274,970.The latest market snapshot at Friday morning reveals Concentrix shares down by 0.25%, trading at $47.33.Delving into Concentrix's BackgroundConcentrix Corp is a technology enabled company specialized in customer engagement and customer management. The company provides end-to-end capabilities, including CX process optimization, technology innovation and design engineering, front- and back-office automation, analytics and business transformation services to clients in five industry verticals. The Company's verticals are technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, and healthcare. Geographically, the company operates in Philippines, Unites States, India, Frances and Others. Maximum revenue is from Technology and consumer electronics industry and geographically from Philippines.Breaking Down Concentrix's Financial PerformanceDecline in Revenue: Over the 3 months period, Concentrix faced challenges, resulting in a decline of approximately -1.27% in revenue growth as of 28 February, 2025. This signifies a reduction in the company's top-line earnings. When ...Full story available on Benzinga.com