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

Posted by Jared Coughlin on Jan 9th, 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 transaction of $17,280.00. Following the sale, the insider now directly owns 2,467,378 shares of the company’s stock, valued at $4,737,365.76. The trade was a 0.36 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own 10% or more 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 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 value of $106,078.28.
On Friday, October 18th, Robert G/ Brown sold 162,454 shares of SPAR Group stock. The stock was 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 shares were 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 transaction 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 transaction 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 Price Performance

NASDAQ:SGRP opened at $1.88 on Thursday. The company has a market capitalization of $44.09 million, a P/E ratio of 3.69 and a beta of 0.69. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.06. SPAR Group, Inc. has a 52 week low of $0.96 and a 52 week high of $3.12. The stock’s fifty day moving average is $2.11 and its two-hundred day moving average is $2.15.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of SGRP. Oddo BHF Asset Management Sas acquired a new position in SPAR Group during the third quarter worth $81,000. Geode Capital Management LLC boosted its holdings 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 valued at $335,000 after acquiring an additional 35,450 shares during the period. Murchinson Ltd. acquired a new position in SPAR Group in the 3rd quarter valued at about $196,000. Corsair Capital Management L.P. increased its stake in SPAR Group by 3,205,200.0% during the third 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, XTX Topco Ltd acquired a new stake in shares of SPAR Group during the second quarter worth about $25,000. Institutional investors and hedge funds own 9.57% of the company’s stock.

About SPAR Group

(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.