33,107 Shares in SPAR Group, Inc. (NASDAQ:SGRP) Bought by Oddo BHF Asset Management Sas

Oddo BHF Asset Management Sas acquired a new stake in shares of SPAR Group, Inc. (NASDAQ:SGRP) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 33,107 shares of the business services provider’s stock, valued at approximately $81,000. Oddo BHF Asset Management Sas owned about 0.14% of SPAR Group as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Geode Capital Management LLC grew 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 purchasing an additional 35,450 shares during the last quarter. Murchinson Ltd. bought a new position in shares of SPAR Group during the third quarter valued at approximately $196,000. Corsair Capital Management L.P. grew its stake in shares of 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 valued at $157,000 after buying an additional 64,104 shares during the last quarter. XTX Topco Ltd purchased a new stake in shares of SPAR Group in the second quarter worth approximately $25,000. Finally, Renaissance Technologies LLC lifted its stake 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 acquiring an additional 82,029 shares during the last quarter. Hedge funds and other institutional investors own 9.57% of the company’s stock.

SPAR Group Stock Performance

Shares of SPAR Group stock opened at $1.95 on Friday. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.06. The stock’s fifty day moving average is $2.30 and its two-hundred day moving average is $2.21. SPAR Group, Inc. has a 52 week low of $0.81 and a 52 week high of $3.12. The company has a market capitalization of $45.73 million, a PE ratio of 3.82 and a beta of 0.67.

Insider Transactions at SPAR Group

In other SPAR Group news, major shareholder Robert G/ Brown sold 21,221 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at $6,067,126.10. The trade was a 0.85 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last ninety days, insiders have sold 342,540 shares of company stock worth $827,417. Insiders own 59.66% of the company’s stock.

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.