SPAR Group, Inc. (NASDAQ:SGRP) Major Shareholder Robert G/ Brown Sells 11,000 Shares

Posted by Kim Johansen on Jan 6th, 2025

SPAR Group, Inc. (NASDAQ:SGRP – Get Free Report) major shareholder Robert G/ Brown sold 11,000 shares of the firm’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $1.92, for a total value of $21,120.00. Following the completion of the transaction, the insider now owns 2,456,378 shares of the company’s stock, valued at approximately $4,716,245.76. This represents a 0.45 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

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

On Saturday, December 21st, Robert G/ Brown sold 9,000 shares of SPAR Group stock. The shares were sold at an average price of $1.92, for a total transaction of $17,280.00.
On Monday, October 28th, Robert G/ Brown sold 21,221 shares of SPAR Group stock. The shares were 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 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 shares were 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 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 stock was 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 1.5 %

Shares of NASDAQ SGRP traded down $0.03 on Monday, reaching $1.92. 37,742 shares of the company traded hands, compared to its average volume of 35,647. The stock has a market capitalization of $45.02 million, a PE ratio of 3.76 and a beta of 0.69. SPAR Group, Inc. has a fifty-two week low of $0.96 and a fifty-two week 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. The company has a 50 day moving average of $2.14 and a 200 day moving average of $2.15.

Hedge Funds Weigh In On SPAR Group

Large investors have recently bought and sold shares of the stock. Renaissance Technologies LLC increased its holdings in shares of SPAR Group by 199.6% during the 2nd 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 during the last quarter. Murchinson Ltd. acquired a new position in shares of SPAR Group in the 3rd quarter valued at about $196,000. Corsair Capital Management L.P. grew its holdings in shares of 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 worth $157,000 after purchasing an additional 64,104 shares during the period. Geode Capital Management LLC increased its position in SPAR Group by 35.0% during 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. Finally, Oddo BHF Asset Management Sas purchased a new position in SPAR Group in the third quarter valued at approximately $81,000. Hedge funds and other institutional investors 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 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.