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 business’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $4.18, for a total value of $16,720.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Shares of NASDAQ LEAF traded down $0.05 during midday trading on Friday, hitting $3.84. 601 shares of the stock traded hands, compared to its average volume of 42,859. Leaf Group Ltd. has a one year low of $2.72 and a one year high of $9.19. The business has a 50 day moving average price of $3.50 and a two-hundred day moving average price of $5.43.

Leaf Group (NASDAQ:LEAF) last released its quarterly earnings data on Thursday, November 7th. The company reported ($0.17) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.19) by $0.02. The firm had revenue of $40.03 million for the quarter.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LEAF. PenderFund Capital Management Ltd. increased its holdings in shares of Leaf Group by 96.8% during the second quarter. PenderFund Capital Management Ltd. now owns 985,345 shares of the company’s stock valued at $6,622,000 after acquiring an additional 484,710 shares in the last quarter. Park West Asset Management LLC increased its holdings in shares of Leaf Group by 12.8% during the second quarter. Park West Asset Management LLC now owns 2,354,810 shares of the company’s stock valued at $17,449,000 after acquiring an additional 266,850 shares in the last quarter. Roumell Asset Management LLC increased its holdings in shares of Leaf Group by 113.0% during the second quarter. Roumell Asset Management LLC now owns 213,461 shares of the company’s stock valued at $1,582,000 after acquiring an additional 113,261 shares in the last quarter. BlackRock Inc. increased its holdings in shares of Leaf Group by 10.2% during the second quarter. BlackRock Inc. now owns 886,098 shares of the company’s stock valued at $6,565,000 after acquiring an additional 81,783 shares in the last quarter. Finally, Renaissance Technologies LLC increased its holdings in shares of Leaf Group by 5.9% during the second quarter. Renaissance Technologies LLC now owns 991,900 shares of the company’s stock valued at $7,350,000 after acquiring an additional 55,494 shares in the last quarter.

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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