SPAR Group, Inc. (NASDAQ:SGRP) Major Shareholder Robert G/ Brown Sells 21,221 Shares

SPAR Group, Inc. (NASDAQ:SGRPGet Free Report) major shareholder Robert G/ Brown sold 21,221 shares of SPAR Group stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $2.45, for a total value of $51,991.45. Following the completion of the transaction, the insider now owns 2,476,378 shares of the company’s stock, valued at approximately $6,067,126.10. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Thursday, October 24th, Robert G/ Brown sold 3,839 shares of SPAR Group stock. The shares were sold at an average price of $2.42, for a total value of $9,290.38.
  • On Tuesday, October 22nd, Robert G/ Brown sold 43,834 shares of SPAR Group stock. The stock was 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 transaction 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 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 transaction 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 shares were 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 stock was sold at an average price of $2.43, for a total value of $4,799.25.

SPAR Group Trading Down 0.8 %

Shares of NASDAQ SGRP traded down $0.02 during mid-day trading on Wednesday, reaching $2.41. The company had a trading volume of 73,116 shares, compared to its average volume of 219,651. SPAR Group, Inc. has a 52 week low of $0.70 and a 52 week high of $3.12. The business’s 50-day moving average is $2.26 and its 200-day moving average is $2.12. The stock has a market cap of $56.44 million, a price-to-earnings ratio of 4.55 and a beta of 0.71. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 0.06.

SPAR Group (NASDAQ:SGRPGet Free Report) last issued its earnings results on Wednesday, August 14th. The business services provider reported $0.15 EPS for the quarter. The business had revenue of $57.29 million for the quarter, compared to the consensus estimate of $44.00 million. SPAR Group had a net margin of 4.90% and a return on equity of 12.27%. During the same period in the prior year, the firm earned $0.03 EPS. Equities analysts expect that SPAR Group, Inc. will post 0.09 earnings per share for the current year.

Hedge Funds Weigh In On SPAR Group

A number of hedge funds have recently added to or reduced their stakes in SGRP. IAM Advisory LLC bought a new position in SPAR Group in the 2nd quarter worth about $32,000. Acadian Asset Management LLC bought a new position in SPAR Group in the 2nd quarter worth about $27,000. Dimensional Fund Advisors LP bought a new position in SPAR Group in the 2nd quarter worth about $68,000. Renaissance Technologies LLC grew its stake in SPAR Group by 199.6% in the 2nd quarter. Renaissance Technologies LLC now owns 123,129 shares of the business services provider’s stock worth $297,000 after acquiring an additional 82,029 shares in the last quarter. Finally, XTX Topco Ltd bought a new position in SPAR Group in the 2nd quarter worth about $25,000. 9.57% of the stock is currently owned by institutional investors.

SPAR Group Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for SPAR Group (NASDAQ:SGRP)

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