Insider Market Move: Daniel Rosenthal an Insider in Spark Networks Inc (NYSEMKT:LOV), Picked up 3,000 Shares of the Company

November 29, 2016 - By whatsonthorold

Insider Market Move: Daniel Rosenthal an Insider in Spark Networks Inc (NYSEMKT:LOV), Picked up 3,000 Shares of the Company

Daniel Rosenthal Insider Buy

Spark Networks Inc’s Chief Executive Officer, Daniel Rosenthal, purchased 3,000 shares of stock in the public company. The average cost for each share was $1.1, for total transaction sum of $3,240 US Dollars. At present, Daniel Rosenthal owns 3,000 shares which are equivalent to about 0.01% of the Company’s market cap.

Insitutional Activity: The institutional sentiment decreased to 1.09 in 2016 Q2. Its down 0.41, from 1.5 in 2016Q1. The ratio is negative, as 2 funds sold all Spark Networks Inc shares owned while 6 reduced positions. 5 funds bought stakes while 7 increased positions. They now own 10.15 million shares or 3.36% less from 10.50 million shares in 2016Q1.

Bridgeway Cap Mgmt reported 154,500 shares or 0% of all its holdings. Moreover, Northern Trust has 0% invested in Spark Networks Inc (NYSEMKT:LOV) for 37,283 shares. Bank Of Mellon Corporation last reported 33,632 shares in the company. Vanguard Group, a Pennsylvania-based fund reported 596,950 shares. Arbiter Prtn Cap Mngmt Ltd Liability Co last reported 0.02% of its portfolio in the stock. Deutsche Retail Bank Ag last reported 0% of its portfolio in the stock. Goldman Sachs Group holds 22,149 shares or 0% of its portfolio. Manufacturers Life Co The holds 2,093 shares or 0% of its portfolio. Joel Isaacson And Limited Com accumulated 30 shares or 0% of the stock. The Texas-based Dimensional Fund L P has invested 0% in Spark Networks Inc (NYSEMKT:LOV). California Public Employees Retirement has 0% invested in the company for 41,500 shares. Citadel Advisors Limited Liability Corporation holds 12,573 shares or 0% of its portfolio. The Massachusetts-based State Street Corporation has invested 0% in Spark Networks Inc (NYSEMKT:LOV). Moreover, Tower Research Limited Liability (Trc) has 0% invested in Spark Networks Inc (NYSEMKT:LOV) for 5,084 shares. The New York-based Spruce House Invest Ltd Liability Corporation has invested 0.48% in Spark Networks Inc (NYSEMKT:LOV).

Insider Transactions: Since June 1, 2016, the stock had 16 buys, and 4 sales for $3.36 million net activity. On Monday, August 22 MILLER LLOYD I III bought $1.30 million worth of the stock or 840,031 shares. Shares for $76,228 were bought by Osmium Partners – LLC on Saturday, August 13. Goldberg Bradley bought $19,744 worth of Spark Networks Inc (NYSEMKT:LOV) on Wednesday, September 7. $20,882 worth of Spark Networks Inc (NYSEMKT:LOV) was sold by McConnell Michael J.

The stock decreased 1.85% or $0.02 on November 28, hitting $1.06. About 64,039 shares traded hands. Spark Networks Inc (NYSEMKT:LOV) has declined 53.65% since April 25, 2016 and is downtrending. It has underperformed by 59.66% the S&P500.

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 has a market cap of $34.42 million. The Firm operates through four divisions, 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. It currently has negative earnings.

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.”

Analysts await Spark Networks Inc (NYSEMKT:LOV) to report earnings on March, 2.

Another recent and important Spark Networks Inc (NYSEMKT:LOV) news was published by Streetinsider.com which published an article titled: “Form 4 SPARK NETWORKS INC For: Nov 25 Filed by: McConnell Michael J” on November 28, 2016.

LOV Company Profile

Spark Networks, Inc., incorporated on April 20, 2007, is engaged in creating brands and communities that help individuals form life-long relationships with others that share their interests and values. The Firm operates through four divisions, which include Jewish Networks, Christian Networks, Other Networks, and Offline & Other Businesses. The Company’s Jewish Networks segment consists of JDate, JDate.co.uk, JDate.fr, JDate.co.il, Cupid.co.il and JSwipe. The Christian Networks segment consists of ChristianMingle, CrossPaths, ChristianMingle.co.uk, ChristianMingle.com.au, Believe.com, ChristianCards.net, DailyBibleVerse.com and Faith.com. The Other Networks segment 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. The Offline & Other Businesses segment consists of revenue generated from offline activities.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Tags: , ,

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>