Insider Selling: Leaf Group Ltd (LFGR) CEO Sells 15,405 Shares of Stock

Leaf Group Ltd (NYSE:LFGR) CEO Sean P. Moriarty sold 15,405 shares of the stock in a transaction dated Wednesday, June 13th. The stock was sold at an average price of $10.09, for a total value of $155,436.45. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Sean P. Moriarty also recently made the following trade(s):

  • On Monday, June 11th, Sean P. Moriarty sold 3,900 shares of Leaf Group stock. The stock was sold at an average price of $10.20, for a total value of $39,780.00.
  • On Thursday, May 10th, Sean P. Moriarty sold 9,103 shares of Leaf Group stock. The stock was sold at an average price of $9.24, for a total value of $84,111.72.
  • On Tuesday, May 1st, Sean P. Moriarty sold 2,755 shares of Leaf Group stock. The stock was sold at an average price of $7.40, for a total value of $20,387.00.
  • On Friday, April 13th, Sean P. Moriarty sold 1,872 shares of Leaf Group stock. The stock was sold at an average price of $7.45, for a total value of $13,946.40.
  • On Wednesday, April 11th, Sean P. Moriarty sold 3,340 shares of Leaf Group stock. The stock was sold at an average price of $7.16, for a total value of $23,914.40.

Shares of NYSE:LFGR traded down $0.05 during trading on Thursday, hitting $9.90. The company had a trading volume of 37,515 shares, compared to its average volume of 66,678. Leaf Group Ltd has a one year low of $6.35 and a one year high of $10.35.

Leaf Group (NYSE:LFGR) last posted its quarterly earnings data on Tuesday, May 8th. The technology company reported ($0.26) earnings per share (EPS) for the quarter. The company had revenue of $33.75 million during the quarter. Leaf Group had a negative net margin of 19.96% and a negative return on equity of 39.95%.

Several large investors have recently bought and sold shares of LFGR. Park West Asset Management LLC bought a new stake in shares of Leaf Group in the 1st quarter valued at approximately $6,573,000. PenderFund Capital Management Ltd. purchased a new stake in shares of Leaf Group in the first quarter worth approximately $3,039,000. Russell Investments Group Ltd. raised its holdings in shares of Leaf Group by 7,092.9% in the first quarter. Russell Investments Group Ltd. now owns 360,147 shares of the technology company’s stock worth $2,539,000 after buying an additional 355,140 shares during the period. NJ State Employees Deferred Compensation Plan purchased a new stake in shares of Leaf Group in the first quarter worth approximately $1,093,000. Finally, Punch & Associates Investment Management Inc. raised its holdings in shares of Leaf Group by 16.2% in the first quarter. Punch & Associates Investment Management Inc. now owns 718,400 shares of the technology company’s stock worth $5,065,000 after buying an additional 100,000 shares during the period. 66.09% of the stock is owned by institutional investors and hedge funds.

LFGR has been the subject of a number of research reports. ValuEngine raised Leaf Group from a “hold” rating to a “buy” rating in a research note on Wednesday, June 6th. Zacks Investment Research lowered Leaf Group from a “hold” rating to a “sell” rating in a research note on Saturday, March 3rd. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $10.06.

Leaf Group Company Profile

Leaf Group Ltd., together with its subsidiaries, operates as a diversified consumer Internet company worldwide. The company operates in two segments, Marketplaces and Media. The Marketplaces segment offers Society6.com, which provides artists with an online commerce platform to feature and sell their original art and designs on consumer products in the home décor, accessories, and apparel categories; and Deny Designs, an artist-driven home décor brand.

Insider Buying and Selling by Quarter for Leaf Group (NYSE:LFGR)

Receive News & Ratings for Leaf Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leaf Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply