Today, a Director at The Meet Group Inc (MEET), Spencer Garrett Rhodes, bought shares of MEET for $45.06K.
This recent transaction increases Spencer Garrett Rhodes’ holding in the company by 17.5% to a total of $317.8K. In addition to Spencer Garrett Rhodes, 3 other MEET executives reported Buy trades in the last month.
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Based on The Meet Group Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $45.72 million and quarterly net profit of $1.3 million. In comparison, last year the company earned revenue of $32.25 million and had a net profit of $2.22 million. Currently, The Meet Group Inc has an average volume of 654.7K.
Starting in June 2018, MEET received 13 Buy ratings in a row.
The insider sentiment on The Meet Group Inc has been positive according to 46 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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The Meet Group, Inc. engages in the provision of mobile social entertainment apps designed for human connections. Its primary apps include MeetMe, LOOVOO, Skout, and Tagged. It operates through the mobile platforms like iPhone, Android, iPad and other tablets. The company was founded by Jeffrey Scott Peterson in June 1997 and is headquartered in New Hope, PA.
