Michael J. Mcconnell Sells 118,770 Shares of Spark Networks Inc (LOV) Stock
Spark Networks Inc (NYSE:LOV) Director Michael J. Mcconnell sold 118,770 shares of the company’s stock in a transaction that occurred on Wednesday, November 23rd. The stock was sold at an average price of $1.09, for a total value of $129,459.30. Following the completion of the sale, the director now owns 218,014 shares in the company, valued at approximately $237,635.26. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Spark Networks Inc (NYSE:LOV) traded down 2.75% during mid-day trading on Wednesday, hitting $1.06. The company had a trading volume of 46,116 shares. Spark Networks Inc has a 1-year low of $1.06 and a 1-year high of $4.14. The firm’s market capitalization is $33.79 million. The company has a 50 day moving average of $1.40 and a 200 day moving average of $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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