SPAR Group, Inc. (NASDAQ:SGRP) Major Shareholder Robert G/ Brown Sells 9,000 Shares

Posted by Casey Walker on Jan 8th, 2025

SPAR Group, Inc. (NASDAQ:SGRP – Get Free Report) major shareholder Robert G/ Brown sold 9,000 shares of SPAR Group stock in a transaction dated Saturday, December 21st. The shares were sold at an average price of $1.92, for a total transaction of $17,280.00. Following the completion of the sale, the insider now directly owns 2,467,378 shares in the company, valued at approximately $4,737,365.76. The trade was a 0.36 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions 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 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 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 shares were 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 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 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 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 stock was sold at an average price of $2.43, for a total value of $4,799.25.

SPAR Group Price Performance

SPAR Group stock opened at $1.92 on Wednesday. The firm has a market capitalization of $45.02 million, a price-to-earnings ratio of 3.76 and a beta of 0.69. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.77 and a current ratio of 1.77. SPAR Group, Inc. has a fifty-two week low of $0.96 and a fifty-two week high of $3.12. The stock’s fifty day moving average is $2.12 and its two-hundred day moving average is $2.15.

Hedge Funds Weigh In On SPAR Group

Several hedge funds have recently added to or reduced their stakes in the business. Acadian Asset Management LLC acquired a new stake in shares of SPAR Group in the second quarter valued at approximately $27,000. Dimensional Fund Advisors LP purchased a new stake in SPAR Group in the 2nd quarter valued at approximately $68,000. Renaissance Technologies LLC grew its holdings in SPAR Group by 199.6% during the 2nd quarter. Renaissance Technologies LLC now owns 123,129 shares of the business services provider’s stock valued at $297,000 after buying an additional 82,029 shares during the last quarter. XTX Topco Ltd purchased a new position in SPAR Group during the second quarter worth $25,000. Finally, Corsair Capital Management L.P. raised its holdings in shares of SPAR Group by 3,205,200.0% in the third quarter. Corsair Capital Management L.P. now owns 64,106 shares of the business services provider’s stock worth $157,000 after acquiring an additional 64,104 shares during the last quarter. 9.57% of the stock is currently owned by hedge funds and other institutional investors.

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.