The President of Spartan Motors (SPAR) is Selling Shares


Today, the President of Spartan Motors (NASDAQ: SPAR), Stephen Guillaume, sold shares of SPAR for $125.5K.

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Based on Spartan Motors’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $184 million and quarterly net profit of $3.74 million. In comparison, last year the company earned revenue of $170 million and had a net profit of $1.12 million. SPAR’s market cap is $534.9M and the company has a P/E ratio of 22.35. Currently, Spartan Motors has an average volume of 22.82K.

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Spartan Motors, Inc. engages in the engineering and manufacturing of heavy-duty, purpose-built specialty vehicles. It specializes in walk-in vans and truck bodies used in e-commerce or parcel delivery; up-fit equipment used in the mobile retail, and utility trades; fire trucks and fire truck chassis; luxury Class A diesel motor home chassis; military vehicles; and contract manufacturing and assembly services. It operates through the following segments: Emergency Response Vehicles; Fleet Vehicles and Services; and Specialty Chassis and Vehicles. The Emergency Response Vehicles segment engineers and manufactures custom emergency response cabs and chassis and complete apparatus to customer specifications, for use by the fire industry throughout the United States and Canada. The Fleet Vehicles and Services segment manufactures fleet vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, mobile retail, and trades and construction industries through our Bristol, Indiana and Ephrata, Pennsylvania operations. The Specialty Chassis and Vehicles segment engineers and manufactures luxury Class A diesel motor home chassis, Reach walk-in van, provide contract assembly of defense vehicles and other specialty chassis, and distribute related aftermarket parts and accessories. The company was founded by William F. Foster, George Sztykiel, Gerald Geary, and John Knox on September 18, 1975 and is headquartered in Charlotte, MI.

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