tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Spar Group’s President Makes a Bold Stock Purchase

Spar Group’s President Makes a Bold Stock Purchase

New insider activity at Spar Group ( (SGRP) ) has taken place on November 4, 2025.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

President Linnane William has made a significant investment in Spar Group by purchasing 173,000 shares of the company’s stock, amounting to a total value of $176,460.

Recent Updates on SGRP stock

Spar Group has recently undergone significant leadership changes with the appointment of James Gillis as executive chairman and William Linnane as interim CEO following the resignation of Michael R. Matacunas. Additionally, the company has extended and modified its credit facility, increasing its U.S. and Canadian revolving credit limits, which impacts its financial operations and credit management. Analysts have maintained a Hold rating on the stock with a price target of $1.00, citing financial challenges such as declining revenues and negative profitability metrics. Technical analysis shows mixed signals with short-term bearish momentum, and the valuation remains unattractive due to a negative P/E ratio and lack of dividend yield. The absence of earnings call data and corporate events further limits insights into the company’s future performance.

Spark’s Take on SGRP Stock

According to Spark, TipRanks’ AI Analyst, SGRP is a Neutral.

The overall stock score of 47 reflects significant financial challenges, including declining revenues and negative profitability metrics. Technical analysis suggests a bearish trend, with the stock trading below its 200-day moving average. Valuation metrics are weak, with a negative P/E ratio and no dividend yield, further impacting the stock’s attractiveness.

To see Spark’s full report on SGRP stock, click here.

More about Spar Group

YTD Price Performance: -45.18%

Average Trading Volume: 120,780

Technical Sentiment Signal: Sell

Current Market Cap: $25.58M

Disclaimer & DisclosureReport an Issue

1