SPAR Group, Inc. (NASDAQ:SGRP) Major Shareholder Robert G/ Brown Sells 11,000 Shares

Posted by MarketBeat News on Jan 7th, 2025

SPAR Group, Inc. (NASDAQ:SGRP – Get Free Report) major shareholder Robert G/ Brown sold 11,000 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $1.92, for a total transaction of $21,120.00. Following the completion of the transaction, the insider now directly owns 2,456,378 shares of the company’s stock, valued at approximately $4,716,245.76. This trade represents a 0.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own more than 10% of a company’s shares 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 value of $17,280.00.
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 shares were 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 transaction of $106,078.28.
On Friday, October 18th, Robert G/ Brown sold 162,454 shares of SPAR Group stock. The stock was 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 shares were 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 shares were 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 stock was sold at an average price of $2.43, for a total value of $230,607.00.
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.
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 Tuesday. The stock has a market capitalization of $45.02 million, a P/E ratio of 3.76 and a beta of 0.69. SPAR Group, Inc. has a 12-month low of $0.96 and a 12-month high of $3.12. 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 firm’s 50-day moving average is $2.13 and its two-hundred day moving average is $2.15.

Institutional Trading of SPAR Group

Want More Great Investing Ideas?

A number of hedge funds have recently bought and sold shares of SGRP. XTX Topco Ltd acquired a new stake in shares of SPAR Group during the second quarter worth $25,000. Acadian Asset Management LLC acquired a new position in SPAR Group in the second quarter valued at $27,000. Dimensional Fund Advisors LP acquired a new position in SPAR Group in the second quarter valued at $68,000. Oddo BHF Asset Management Sas purchased a new position in SPAR Group during the third quarter worth about $81,000. Finally, Corsair Capital Management L.P. boosted its stake in SPAR Group by 3,205,200.0% in the 3rd 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 during the last quarter. Institutional investors and hedge funds own 9.57% of the company’s stock.

About SPAR Group

(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.