SPAR Group, Inc. (NASDAQ:SGRP) Insider Spar Business Services Inc Sells 150,000 Shares of Stock

SPAR Group, Inc. (NASDAQ:SGRPGet Free Report) insider Spar Business Services Inc sold 150,000 shares of the firm’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $1.38, for a total value of $207,000.00. Following the completion of the transaction, the insider now owns 1,065,538 shares of the company’s stock, valued at $1,470,442.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Spar Business Services Inc also recently made the following trade(s):

  • On Monday, March 18th, Spar Business Services Inc sold 443 shares of SPAR Group stock. The stock was sold at an average price of $1.03, for a total value of $456.29.

SPAR Group Trading Up 10.1 %

Shares of NASDAQ:SGRP opened at $1.63 on Thursday. SPAR Group, Inc. has a 52-week low of $0.70 and a 52-week high of $1.76. The stock has a market cap of $37.88 million, a price-to-earnings ratio of 9.59 and a beta of 0.69. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.02. The business has a 50-day moving average price of $1.06 and a 200-day moving average price of $1.00.

Institutional Trading of SPAR Group

An institutional investor recently raised its position in SPAR Group stock. Renaissance Technologies LLC increased its stake in shares of SPAR Group, Inc. (NASDAQ:SGRPFree Report) by 44.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 89,500 shares of the business services provider’s stock after acquiring an additional 27,500 shares during the period. Renaissance Technologies LLC owned about 0.41% of SPAR Group worth $116,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 9.57% of the company’s stock.

SPAR Group Company Profile

(Get Free Report)

SPAR Group, Inc, together with its subsidiaries, provides merchandising and brand marketing services worldwide. The company offers syndicated and dedicated merchandising services at the retail store level for retailers, manufacturers, and distributors; and project services, such as new product launches, special seasonal or promotional merchandising, product support, product recalls, and in-store product demonstrations and in-store product sampling, as well as kiosk product replenishment, inventory control, new and existing store resets, re-merchandising, remodels and category implementations, and under annual or stand-alone project contracts or agreements.

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