Sean P. Moriarty Sells 4,000 Shares of Leaf Group Ltd. (NASDAQ:LEAF) Stock

Leaf Group Ltd. (NASDAQ:LEAF) CEO Sean P. Moriarty sold 4,000 shares of the company’s stock in a transaction dated Friday, September 20th. The stock was sold at an average price of $4.01, for a total transaction of $16,040.00.

Shares of Leaf Group stock traded up $0.08 on Wednesday, reaching $4.35. 17,656 shares of the company traded hands, compared to its average volume of 41,859. Leaf Group Ltd. has a 52 week low of $3.93 and a 52 week high of $10.31. The company has a 50 day moving average of $4.48 and a 200 day moving average of $6.77.

Leaf Group (NASDAQ:LEAF) last released its earnings results on Monday, August 5th. The company reported ($0.26) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.25) by ($0.01). The firm had revenue of $35.79 million for the quarter.



Several institutional investors have recently added to or reduced their stakes in LEAF. Marshall Wace LLP bought a new position in shares of Leaf Group during the 1st quarter valued at approximately $58,000. Violich Capital Management Inc. bought a new position in shares of Leaf Group during the 2nd quarter valued at approximately $90,000. State Board of Administration of Florida Retirement System bought a new position in shares of Leaf Group during the 1st quarter valued at approximately $144,000. Deutsche Bank AG bought a new position in shares of Leaf Group during the 4th quarter valued at approximately $149,000. Finally, Rhumbline Advisers bought a new position in shares of Leaf Group during the 1st quarter valued at approximately $172,000.

Separately, Cowen downgraded shares of Leaf Group from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $10.00 to $7.00 in a research report on Tuesday, August 6th.

About Leaf Group

Leaf Group Ltd., together with its subsidiaries, operates as a diversified consumer Internet company worldwide. The company operates in two segments, Marketplaces and Media. The Marketplaces segment offers Society6.com, which provides artists with an online commerce platform to feature and sell their original art and designs on consumer products in the home décor, accessories, and apparel categories; and Deny Designs, an artist-driven home décor brand.

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Insider Buying and Selling by Quarter for Leaf Group (NASDAQ:LEAF)

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