A Major Shareholder at Spar Group (SGRP) is Selling Shares


Today, a Major Shareholder at Spar Group (NASDAQ: SGRP), Robert Brown, sold shares of SGRP for $2,363.

In addition to Robert Brown, one other SGRP executive reported Sell trades in the last month.

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Based on Spar Group’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $59.22 million and GAAP net loss of $1.76 million. In comparison, last year the company earned revenue of $42.72 million and had a net profit of $343K. Currently, Spar Group has an average volume of 49.61K.

In the last 30 days, insiders have sold $13.03K worth of SGRP shares and purchased $60K worth of SGRP shares. The insider sentiment on Spar Group has been neutral according to 13 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Robert Brown’s trades have generated a 25.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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SPAR Group, Inc. engages in the provision of merchandising and marketing services. It operates through the Domestic, and International segments. The Domestic segment covers services in the United States of America since certain of its predecessors were formed.

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