Spok Holdings Inc (NASDAQ:SPOK) CEO Vincent D. Kelly sold 5,000 shares of Spok stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $11.57, for a total value of $57,850.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of NASDAQ SPOK traded down $0.25 during trading on Friday, reaching $11.31. The stock had a trading volume of 79,877 shares, compared to its average volume of 121,986. Spok Holdings Inc has a fifty-two week low of $11.12 and a fifty-two week high of $17.25. The business’s 50-day moving average price is $12.61 and its 200-day moving average price is $14.12.
Spok (NASDAQ:SPOK) last issued its quarterly earnings data on Wednesday, July 31st. The Wireless communications provider reported ($0.03) earnings per share for the quarter. The firm had revenue of $39.53 million during the quarter. Spok had a negative net margin of 0.13% and a negative return on equity of 0.08%.
Separately, BidaskClub cut Spok from a “sell” rating to a “strong sell” rating in a research note on Wednesday, July 24th.
A number of large investors have recently added to or reduced their stakes in SPOK. Boston Partners purchased a new position in shares of Spok during the 2nd quarter worth $933,000. UBS Asset Management Americas Inc. increased its holdings in shares of Spok by 115.9% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 22,025 shares of the Wireless communications provider’s stock worth $331,000 after buying an additional 11,825 shares during the last quarter. Citadel Advisors LLC increased its holdings in shares of Spok by 145.6% during the 2nd quarter. Citadel Advisors LLC now owns 51,116 shares of the Wireless communications provider’s stock worth $768,000 after buying an additional 30,306 shares during the last quarter. Morgan Stanley increased its holdings in shares of Spok by 406.7% during the 2nd quarter. Morgan Stanley now owns 83,144 shares of the Wireless communications provider’s stock worth $1,251,000 after buying an additional 66,735 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Spok by 50.3% during the 2nd quarter. AQR Capital Management LLC now owns 140,469 shares of the Wireless communications provider’s stock worth $2,113,000 after buying an additional 46,987 shares during the last quarter. Hedge funds and other institutional investors own 80.74% of the company’s stock.
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.
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