What Did This CEO Just Do with Personal Shares of SharpSpring Inc (SHSP)?


Today, the CEO & President of SharpSpring Inc (NASDAQ: SHSP), Richard Alan Carlson, sold shares of SHSP for $250K.

Following Richard Alan Carlson’s last SHSP Sell transaction on May 15, 2018, the stock climbed by 5.2%. In addition to Richard Alan Carlson, one other SHSP executive reported Sell trades in the last month.

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Based on SharpSpring Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $4.44 million and GAAP net loss of $2.47 million. In comparison, last year the company earned revenue of $3.25 million and had a GAAP net loss of $1.32 million. Currently, SharpSpring Inc has an average volume of 142.6K.

In the last 30 days, insiders have sold $250K worth of SHSP shares and purchased $62.9K worth of SHSP shares. The insider sentiment on SharpSpring Inc has been positive according to 25 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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SharpSpring, Inc. operates as a cloud-based based marketing technology company, which engages in the provision of marketing automation delivery through a cloud-based software-as-a-service platform. Its platform offers web tracking, lead scoring and automated workflow.

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