Insider Selling: SPAR Group, Inc. (NASDAQ:SGRP) Major Shareholder Sells $21,120.00 in Stock

Posted by Dee Baugher on Jan 9th, 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 transaction of $21,120.00. Following the sale, the insider now owns 2,456,378 shares in the company, valued at approximately $4,716,245.76. This represents a 0.45 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases 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 stock was 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 value 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 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 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 value 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 value of $4,799.25.

SPAR Group Stock Down 2.1 %

Shares of SGRP opened at $1.88 on Thursday. The stock has a 50 day moving average price of $2.11 and a 200 day moving average price of $2.15. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.77 and a current ratio of 1.77. The stock has a market capitalization of $44.09 million, a price-to-earnings ratio of 3.69 and a beta of 0.69. SPAR Group, Inc. has a one year low of $0.96 and a one year high of $3.12.

Institutional Investors Weigh In On SPAR Group

A number of large investors have recently modified their holdings of SGRP. Acadian Asset Management LLC acquired a new position in SPAR Group during the second quarter worth about $27,000. Dimensional Fund Advisors LP acquired a new position in shares of SPAR Group during the 2nd quarter worth approximately $68,000. Renaissance Technologies LLC grew its position in shares of 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 purchasing an additional 82,029 shares in the last quarter. XTX Topco Ltd acquired a new stake in shares of SPAR Group in the second quarter valued at approximately $25,000. Finally, Corsair Capital Management L.P. lifted its position 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 buying an additional 64,104 shares in the last quarter. 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.