Oddo BHF Asset Management Sas Acquires New Shares in SPAR Group, Inc. (NASDAQ:SGRP)

Oddo BHF Asset Management Sas bought a new position in shares of SPAR Group, Inc. (NASDAQ:SGRP) during the 3rd quarter, HoldingsChannel reports. The firm bought 33,107 shares of the business services provider’s stock, valued at approximately $81,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Acadian Asset Management LLC purchased a new stake in shares of SPAR Group in the 2nd quarter worth approximately $27,000. Dimensional Fund Advisors LP purchased a new position in SPAR Group during the second quarter valued at approximately $68,000. Renaissance Technologies LLC raised its stake in SPAR Group by 199.6% in the second quarter. Renaissance Technologies LLC now owns 123,129 shares of the business services provider’s stock worth $297,000 after buying an additional 82,029 shares in the last quarter. XTX Topco Ltd purchased a new stake in SPAR Group during the second quarter worth $25,000. Finally, Corsair Capital Management L.P. boosted its position in SPAR Group by 3,205,200.0% during the 3rd quarter. Corsair Capital Management L.P. now owns 64,106 shares of the business services provider’s stock valued at $157,000 after acquiring an additional 64,104 shares in the last quarter. 9.57% of the stock is currently owned by institutional investors.

Insider Buying and Selling at SPAR Group

In other SPAR Group news, major shareholder Robert G/ Brown sold 21,221 shares of the firm’s stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $2.45, for a total value of $51,991.45. Following the completion of the sale, the insider now directly owns 2,476,378 shares in the company, valued at $6,067,126.10. This trade represents a 0.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 342,540 shares of company stock worth $827,417 over the last quarter. Insiders own 59.66% of the company’s stock.

SPAR Group Trading Down 3.0 %

Shares of NASDAQ:SGRP opened at $1.95 on Friday. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $45.73 million, a PE ratio of 3.82 and a beta of 0.67. SPAR Group, Inc. has a 12-month low of $0.81 and a 12-month high of $3.12. The business’s fifty day simple moving average is $2.30 and its 200-day simple moving average is $2.21.

About SPAR Group

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.