SPAR Group, Inc. (NASDAQ:SGRP – Get Free Report) major shareholder Robert G/ Brown sold 43,834 shares of the company’s stock in a transaction dated Tuesday, October 22nd. The stock was sold at an average price of $2.42, for a total transaction of $106,078.28. Following the completion of the sale, the insider now directly owns 2,524,612 shares in the company, valued at approximately $6,109,561.04. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Robert G/ Brown also recently made the following trade(s):
- 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 transaction of $389,889.60.
- On Wednesday, October 16th, Robert G/ Brown sold 800 shares of SPAR Group stock. The shares were sold at an average price of $2.42, for a total transaction of $1,936.00.
- On Monday, October 14th, Robert G/ Brown sold 2,100 shares of SPAR Group stock. The stock was 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 value 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 value 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 value of $4,799.25.
SPAR Group Stock Performance
NASDAQ SGRP remained flat at $2.41 on Wednesday. 18,373 shares of the company traded hands, compared to its average volume of 222,307. SPAR Group, Inc. has a 1-year low of $0.70 and a 1-year high of $3.12. The firm’s fifty day simple moving average is $2.19 and its 200 day simple moving average is $2.10. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 0.06. The company has a market cap of $56.44 million, a P/E ratio of 4.55 and a beta of 0.71.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. IAM Advisory LLC bought a new stake in shares of SPAR Group during the second quarter worth $32,000. Acadian Asset Management LLC acquired a new stake in SPAR Group in the second quarter worth about $27,000. Dimensional Fund Advisors LP acquired a new stake in SPAR Group in the second quarter worth about $68,000. Renaissance Technologies LLC raised its holdings in SPAR Group by 199.6% during the 2nd quarter. Renaissance Technologies LLC now owns 123,129 shares of the business services provider’s stock worth $297,000 after purchasing an additional 82,029 shares during the last quarter. Finally, XTX Topco Ltd acquired a new position in SPAR Group during the 2nd quarter valued at about $25,000. 9.57% of the stock is currently owned by institutional investors.
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.
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