Insider Selling: Spark Networks Inc (LOV) Director Sells 25,947 Shares of Stock
Spark Networks Inc (NYSE:LOV) Director Michael J. Mcconnell sold 25,947 shares of the company’s stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $1.12, for a total value of $29,060.64. Following the completion of the transaction, the director now directly owns 218,014 shares of the company’s stock, valued at approximately $244,175.68. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Spark Networks Inc (NYSE:LOV) traded down 2.75% during trading on Wednesday, reaching $1.06. The company’s stock had a trading volume of 46,116 shares. Spark Networks Inc has a 12-month low of $1.06 and a 12-month high of $4.14. The stock’s market cap is $33.79 million. The stock’s 50-day moving average is $1.39 and its 200-day moving average is $1.60.
Spark Networks Company Profile
Spark Networks, Inc is engaged in creating brands and communities that help individuals form life-long relationships with others that share their interests and values. The Company operates through four segments, such as Jewish Networks, which consists of JDate, JDate.co.uk, JDate.fr, JDate.co.il, Cupid.co.il and JSwipe; Christian Networks, which consists of ChristianMingle, CrossPaths, ChristianMingle.co.uk, ChristianMingle.com.au, Believe.com, ChristianCards.net, DailyBibleVerse.com and Faith.com; Other Networks, which consists of Spark.com and related other general market Websites, as well as other properties, which primarily consists of sites focused towards various religious, ethnic, geographic and special interest groups, and Offline & Other Businesses segment, which consists of revenue generated from offline activities.
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