Shares of SPOK stock opened at $16.29 on Thursday. Spok has a one year low of $12.21 and a one year high of $17.25.
Spok (NASDAQ:SPOK) last issued its quarterly earnings results on Wednesday, April 24th. The Wireless communications provider reported $0.04 EPS for the quarter. Spok had a negative net margin of 0.31% and a negative return on equity of 0.19%. The firm had revenue of $41.76 million during the quarter.
In other news, Director Todd J. Stein sold 65,376 shares of the stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $15.84, for a total value of $1,035,555.84. Following the completion of the sale, the director now owns 2,973 shares of the company’s stock, valued at $47,092.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Vincent D. Kelly sold 5,000 shares of the stock in a transaction on Friday, March 1st. The stock was sold at an average price of $14.13, for a total transaction of $70,650.00. The disclosure for this sale can be found here. Insiders have sold 75,376 shares of company stock valued at $1,175,206 in the last ninety days. 7.51% of the stock is currently owned by company insiders.
Institutional investors have recently added to or reduced their stakes in the company. Ladenburg Thalmann Financial Services Inc. acquired a new stake in shares of Spok in the first quarter worth $41,000. BNP Paribas Arbitrage SA increased its position in shares of Spok by 54,571.4% in the first quarter. BNP Paribas Arbitrage SA now owns 3,827 shares of the Wireless communications provider’s stock worth $52,000 after acquiring an additional 3,820 shares in the last quarter. Municipal Employees Retirement System of Michigan acquired a new stake in shares of Spok in the fourth quarter worth $74,000. Oregon Public Employees Retirement Fund acquired a new stake in shares of Spok in the fourth quarter worth $91,000. Finally, Metropolitan Life Insurance Co. NY increased its position in shares of Spok by 523.4% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 7,169 shares of the Wireless communications provider’s stock worth $95,000 after acquiring an additional 6,019 shares in the last quarter. 82.75% of the stock is owned by institutional investors.
Spok Company Profile
Spok Holdings, Inc, through its subsidiary, Spok, Inc, provides various communications solutions to healthcare, government, and other enterprises in the United States, Europe, Canada, Australia, Asia, and the Middle East. The company provides one-way messaging, including numeric messaging services, which enable subscribers to receive messages comprising numbers, such as phone numbers; and alphanumeric messages, including numbers and letters that enable subscribers to receive text messages.
Further Reading: Forex
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