Robert G/ Brown Sells 11,000 Shares of SPAR Group, Inc. (NASDAQ:SGRP) Stock

SPAR Group, Inc. (NASDAQ:SGRP) major shareholder Robert G/ Brown sold 11,000 shares of the business’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $1.92, for a total value of $21,120.00. Following the completion of the transaction, the insider now directly owns 2,456,378 shares of the company’s stock, valued at approximately $4,716,245.76. This trade represents a 0.45 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Robert G/ Brown also recently made the following trade(s):

• On Saturday, December 21st, Robert G/ Brown sold 9,000 shares of SPAR Group stock. The shares were sold at an average price of $1.92, for a total value of $17,280.00.
• On Monday, October 28th, Robert G/ Brown sold 21,221 shares of SPAR Group stock. The stock was sold at an average price of $2.45, for a total transaction of $51,991.45.
• On Thursday, October 24th, Robert G/ Brown sold 3,839 shares of SPAR Group stock. The stock was sold at an average price of $2.42, for a total transaction of $9,290.38.
• On Tuesday, October 22nd, Robert G/ Brown sold 43,834 shares of SPAR Group stock. The shares were sold at an average price of $2.42, for a total transaction of $106,078.28.
• On Friday, October 18th, Robert G/ Brown sold 162,454 shares of SPAR Group stock. The shares were sold at an average price of $2.40, for a total value of $389,889.60.
• On Wednesday, October 16th, Robert G/ Brown sold 800 shares of SPAR Group stock. The stock was sold at an average price of $2.42, for a total value of $1,936.00.
• On Monday, October 14th, Robert G/ Brown sold 2,100 shares of SPAR Group stock. The shares were sold at an average price of $2.42, for a total value of $5,082.00.
• On Thursday, October 10th, Robert G/ Brown sold 94,900 shares of SPAR Group stock. The shares were sold at an average price of $2.43, for a total transaction of $230,607.00.
• On Tuesday, October 8th, Robert G/ Brown sold 1,975 shares of SPAR Group stock. The stock was sold at an average price of $2.43, for a total transaction of $4,799.25.
• On Tuesday, October 8th, Robert G/ Brown sold 1,975 shares of SPAR Group stock. The shares were sold at an average price of $2.43, for a total transaction of $4,799.25.

SPAR Group Price Performance

SGRP opened at $1.92 on Wednesday. The company has a market cap of $45.02 million, a PE ratio of 3.76 and a beta of 0.69. SPAR Group, Inc. has a twelve month low of $0.96 and a twelve month high of $3.12. The company has a 50-day moving average price of $2.12 and a 200 day moving average price of $2.15. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.06.

Hedge Funds Weigh In On SPAR Group

Hedge funds have recently made changes to their positions in the company. XTX Topco Ltd acquired a new stake in shares of SPAR Group in the second quarter worth approximately $25,000. Acadian Asset Management LLC purchased a new position in SPAR Group in the 2nd quarter valued at $27,000. Dimensional Fund Advisors LP acquired a new stake in SPAR Group during the 2nd quarter worth $68,000. Oddo BHF Asset Management Sas purchased a new stake in shares of SPAR Group during the third quarter worth $81,000. Finally, Corsair Capital Management L.P. raised its position in shares of SPAR Group by 3,205,200.0% in the third quarter. Corsair Capital Management L.P. now owns 64,106 shares of the business services provider’s stock valued at $157,000 after buying an additional 64,104 shares during the last quarter. Institutional investors and hedge funds own 9.57% of the company’s stock.

SPAR Group Company Profile

SPAR Group, Inc, together with its subsidiaries, provides merchandising and brand marketing services in the Americas, the Asia-Pacific, Europe, Middle East, and Africa. The company offers merchandising and marketing services, such as resets and cut-ins; price and inventory audits; stock replenishment and rotation services; out of stock management; promotional event setup; and display management, as well as category management and set up services comprising category and product resets; planogram maintenance; display and shelf services; and point of purchase installation and management.