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

Posted by ABMN Staff on Jan 7th, 2025

SPAR Group, Inc. (NASDAQ:SGRP – Get Free Report) major shareholder Robert G/ Brown sold 9,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider now owns 2,467,378 shares of the company’s stock, valued at approximately $4,737,365.76. The trade was a 0.36 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Large shareholders that own more than 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 stock was 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 transaction 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 value 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 value 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 transaction 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 transaction of $4,799.25.

SPAR Group Price Performance

SGRP stock opened at $1.92 on Tuesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.77 and a quick ratio of 1.77. The company’s 50-day moving average is $2.13 and its 200-day moving average is $2.15. The stock has a market capitalization of $45.02 million, a PE ratio of 3.76 and a beta of 0.69. SPAR Group, Inc. has a 1 year low of $0.96 and a 1 year high of $3.12.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Acadian Asset Management LLC bought a new stake in shares of SPAR Group during the second quarter valued at approximately $27,000. Renaissance Technologies LLC grew its position in SPAR Group by 199.6% in the 2nd 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 during the period. Dimensional Fund Advisors LP acquired a new stake in SPAR Group in the 2nd quarter valued at $68,000. Oddo BHF Asset Management Sas bought a new stake in SPAR Group during the 3rd quarter valued at $81,000. Finally, Murchinson Ltd. acquired a new position in SPAR Group during the third quarter worth $196,000. 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.