Lloyd Miller Insider Buy
Lloyd Miller; that is an insider in Spark Networks Inc who is the latest to acquire shares in the corporation for which he is the current major shareholder . He in the last few days bought some 483 shares of the company, that are worth $1,884 USD, that is a share price of roughly $3.9. In the last 30 days, he also acquired 33,003 shares with a total value of about $124,280 USD. And, It’s sure Lloyd’s purchase isn’t going to stay disregarded as he right now is having 2.66 million shares - ( 10.29% of Spark Networks Inc’s Market Cap ). Lloyd completed this investment on December 08, 2015. The document is free at your disposal here at the Washington-based Security and Exchange Commission website.
The institutional sentiment decreased to 0.79 in Q3 2015. Its down 0.21, from 1 in 2015Q2. The ratio dropped, as 5 funds sold all Spark Networks Inc shares owned while 9 reduced positions. 1 funds bought stakes while 10 increased positions. They now own 10.85 million shares or 7.29% less from 11.70 million shares in 2015Q2.
Osmium Partners Llc holds 11.2% of its portfolio in Spark Networks Inc for 3.38 million shares. T2 Partners Management Lp owns 807,509 shares or 4.62% of their US portfolio. Moreover, Spruce House Investment Management Llc has 1.16% invested in the company for 2.18 million shares. The New York-based Potomac Capital Management Inc. has invested 0.66% in the stock. North Run Capital Lp, a Massachusetts-based fund reported 1.86 million shares.
Since March 16, 2015, the stock had 0 insider purchases, and 10 insider sales for $581,017 net activity. Franchina Gregory J sold 203 shares worth $700. Barba Lee K bought 10,000 shares worth $37,780.
About 2,457 shares traded hands. Spark Networks Inc (NYSEMKT:LOV) has declined 2.03% since May 5, 2015 and is downtrending. It has underperformed by 1.43% the S&P500.
More notable recent Spark Networks Inc (NYSEMKT:LOV) news were published by: Streetinsider.com which released: “Spark Networks, Inc. (LOV) Misses Q3 EPS by 3c” on November 03, 2015, also Seekingalpha.com with their article: “Swipe Left For Spark Networks” published on October 13, 2015, Latimes.com published: “Spark Networks continues to seek turnaround after board breakup” on July 14, 2014. More interesting news about Spark Networks Inc (NYSEMKT:LOV) were released by: Marketwired.com and their article: “Spark Networks Acquires Smooch Labs, Owner of the JSwipe Mobile Application” published on October 14, 2015 as well as Labusinessjournal.com‘s news article titled: “Spark Networks Breaking it Off With Employees” with publication date: September 16, 2014.
Spark Networks, Inc. is engaged in creating brands and communities that help individuals make life-long relationships with others that share their interests and values. The company has a market cap of $99.42 million.
According to Zacks Investment Research, “Spark Networks is a leading provider of online personals in the United States and internationally. Our comprehensive, user-friendly websites offer convenient and safe places for likeminded singles to connect. Many of these connections lead to long term relationships and quite often marriage.” Get a free copy of the Zacks research report on Spark Networks Inc (LOV).
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