SPAR Group, Inc. (NASDAQ:SGRP) Major Shareholder Sells $17,280.00 in Stock

Posted by Elija Maina on Jan 6th, 2025

SPAR Group, Inc. (NASDAQ:SGRP – Get Free Report) major shareholder Robert G/ Brown sold 9,000 shares of the company’s stock in a transaction on Saturday, December 21st. The stock was sold at an average price of $1.92, for a total value of $17,280.00. Following the completion of the sale, the insider now owns 2,467,378 shares of the company’s stock, valued at $4,737,365.76. This represents a 0.36 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

On Thursday, January 2nd, Robert G/ Brown sold 11,000 shares of SPAR Group stock. The shares were sold at an average price of $1.92, for a total transaction of $21,120.00.
On Monday, October 28th, Robert G/ Brown sold 21,221 shares of SPAR Group stock. The stock was sold at an average price of $2.45, for a total transaction of $51,991.45.
On Thursday, October 24th, Robert G/ Brown sold 3,839 shares of SPAR Group stock. The stock was sold at an average price of $2.42, for a total transaction 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 value 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 value 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 value 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 transaction of $230,607.00.
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 transaction of $4,799.25.
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 transaction of $4,799.25.

SPAR Group Stock Performance

SGRP traded down $0.03 during midday trading on Monday, hitting $1.92. 37,742 shares of the company were exchanged, compared to its average volume of 35,647. The company’s 50 day simple moving average is $2.14 and its 200 day simple moving average is $2.15. The firm has a market capitalization of $45.02 million, a price-to-earnings ratio of 3.76 and a beta of 0.69. SPAR Group, Inc. has a 1-year low of $0.96 and a 1-year high of $3.12. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.06.

Institutional Trading of SPAR Group

Several hedge funds and other institutional investors have recently bought and sold shares of SGRP. Geode Capital Management LLC boosted its position in SPAR Group by 35.0% in the 3rd quarter. Geode Capital Management LLC now owns 136,691 shares of the business services provider’s stock worth $335,000 after purchasing an additional 35,450 shares in the last quarter. Renaissance Technologies LLC increased its holdings 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 valued at $297,000 after buying an additional 82,029 shares in the last quarter. Murchinson Ltd. acquired a new position in shares of SPAR Group in the third quarter worth about $196,000. Corsair Capital Management L.P. raised its holdings in SPAR Group by 3,205,200.0% in the 3rd quarter. Corsair Capital Management L.P. now owns 64,106 shares of the business services provider’s stock worth $157,000 after purchasing an additional 64,104 shares during the period. Finally, Oddo BHF Asset Management Sas purchased a new stake in shares of SPAR Group in the third quarter valued at approximately $81,000. 9.57% of the stock is owned by institutional investors and hedge funds.

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.