A Director at Spar Group (NASDAQ: SGRP) is Buying Shares

Yesterday, a Director at Spar Group (SGRPResearch Report), Robert Brown, bought shares of SGRP for $98.76K.

This is Brown’s first Buy trade following 8 Sell transactions. This recent transaction increases Robert Brown’s holding in the company by 1.07% to a total of $9.14 million.

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Currently, Spar Group has an average volume of 60.53K. SGRP’s market cap is $31.89 million and the company has a P/E ratio of 8.10. The company has a one-year high of $2.10 and a one-year low of $0.66.

In the last 30 days, insiders have sold $293.4K worth of SGRP shares and purchased $98.76K worth of SGRP shares. The insider sentiment on Spar Group has been negative according to 15 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Robert Brown’s trades have generated a 20.3% 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. The International segment offers merchandising, marketing, audit and in-store event staffing services in Australia, Brazil, Canada, China, India, Japan, Mexico, South Africa, and Turkey. The company was founded by Robert G. Brown and William H. Bartels in 1967 and is headquartered in White Plains, NY.