Today, the VP General Counsel of Spark Energy (NASDAQ: SPKE), Gil Melman, sold shares of SPKE for $138.8K.
In addition to Gil Melman, one other SPKE executive reported Sell trades in the last month.
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Based on Spark Energy’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $232 million and quarterly net profit of $7.5 million. In comparison, last year the company earned revenue of $151 million and had a net profit of $1.08 million. SPKE’s market cap is $116.5M and the company has a P/E ratio of 24.12. Currently, Spark Energy has an average volume of 64.54K.
The insider sentiment on Spark Energy has been negative according to 34 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Gil Melman’s trades have generated a 31.2% 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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Spark Energy, Inc. engages in the supply and retail of electricity and natural gas. It operates through the Retail Natural Gas and Retail Electricity segments.