BGSF, Inc. (BGSF)

Over the past six months, BGSF's stock price has been impacted by several key events. On June 16, 2025, BGSF announced an agreement to sell its Professional Division to INSPYR Solutions for $99 million in cash, which closed on September 8, 2025, with the intention to use the proceeds to eliminate debt and invest in its Property Management business. On November 7, 2025, BGSF reported its third fiscal quarter 2025 financial results, announced a stock repurchase program for up to $5 million of its common stock, and declared a special cash dividend of $2 per share. The stock price has shown volatility, decreasing by 34.47% over the last 12 months but increasing by 7.68% in the past month as of November 2025.

Demand for BGSF's services exhibits seasonality, particularly within its Property Management segment, which typically experiences sequential revenue increases in the third quarter due to seasonal demand. For example, in Q3 2025, the Property Management segment's revenues increased by 15.9% from the second quarter due to seasonal demand. Prior to its divestiture, the Professional segment faced a "choppy" demand environment within the IT consulting and workforce industry.

BGSF, Inc., based in Plano, Texas, specializes in workforce solutions, primarily for the property management industry, operating within the professional services sector, specifically in staffing and personnel services. The company provides consulting, managed services, and professional workforce solutions. Following the divestiture of its Professional Division in September 2025, BGSF's core business is now centered on its Property Management segment, offering office and maintenance talent to apartment communities and commercial buildings. Previously, the Professional segment provided skilled IT professionals and finance, accounting, legal, and human resource personnel.

BGSF's headquarters are located in Plano, Texas, USA, and its Property Management segment operates across 38 states and Washington D.C. While BGSF previously had employees across six continents, its current focus, particularly after the divestiture, is primarily within North America.

In the past year, BGSF has maintained a positive brand reputation, particularly within its specialized industry, and was awarded Supplier Company of the Year by the National Apartment Association in recent years. The divestiture of its Professional Division in 2025 allowed BGSF to focus on expanding its property management workforce solutions. BGSF has also been recognized for its technology adoption, launching an advanced lead generation engine in Q3 2025 and investing in AI-powered sales and recruiting tools. In late 2024, BGSF implemented a cost restructuring plan to reduce expenses and improve operating performance.

BGSF's ownership is distributed among institutional shareholders, individual insiders, and retail investors. As of 2025, institutional shareholders own 25.46% of the company, with major holders including The Vanguard Group, Inc. and BlackRock, Inc. Individual insiders hold 13.77% of the shares, with Richard L. Baum Jr. being the largest individual shareholder. Retail investors own the largest portion at 60.77%.