Insider Selling: Leaf Group Ltd. (NASDAQ:LEAF) Major Shareholder Sells 5,229 Shares of Stock

Leaf Group Ltd. (NASDAQ:LEAF) major shareholder Oak Investment Partners Xii L sold 5,229 shares of Leaf Group stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $4.00, for a total transaction of $20,916.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Oak Investment Partners Xii L also recently made the following trade(s):

  • On Monday, December 9th, Oak Investment Partners Xii L sold 10,864 shares of Leaf Group stock. The shares were sold at an average price of $4.02, for a total transaction of $43,673.28.
  • On Monday, November 25th, Oak Investment Partners Xii L sold 824 shares of Leaf Group stock. The shares were sold at an average price of $4.05, for a total transaction of $3,337.20.
  • On Wednesday, November 20th, Oak Investment Partners Xii L sold 6,500 shares of Leaf Group stock. The shares were sold at an average price of $4.23, for a total transaction of $27,495.00.
  • On Monday, November 18th, Oak Investment Partners Xii L sold 17,500 shares of Leaf Group stock. The shares were sold at an average price of $4.27, for a total transaction of $74,725.00.
  • On Wednesday, November 13th, Oak Investment Partners Xii L sold 12,800 shares of Leaf Group stock. The shares were sold at an average price of $4.95, for a total transaction of $63,360.00.

Leaf Group stock traded down $0.16 during trading on Tuesday, hitting $3.75. The company had a trading volume of 983 shares, compared to its average volume of 42,031. Leaf Group Ltd. has a 1-year low of $2.72 and a 1-year high of $9.19. The company’s 50 day simple moving average is $3.70 and its 200-day simple moving average is $5.07.

Leaf Group (NASDAQ:LEAF) last posted its earnings results on Thursday, November 7th. The company reported ($0.17) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.19) by $0.02. The company had revenue of $40.03 million during the quarter.

A number of institutional investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. increased its holdings in Leaf Group by 10.6% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 35,960 shares of the company’s stock valued at $267,000 after purchasing an additional 3,460 shares during the last quarter. Vanguard Group Inc. increased its holdings in Leaf Group by 0.5% in the 2nd quarter. Vanguard Group Inc. now owns 796,608 shares of the company’s stock valued at $5,903,000 after purchasing an additional 3,865 shares during the last quarter. Northern Trust Corp increased its holdings in Leaf Group by 2.2% in the 2nd quarter. Northern Trust Corp now owns 186,850 shares of the company’s stock valued at $1,384,000 after purchasing an additional 3,988 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in Leaf Group by 5.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 81,374 shares of the company’s stock valued at $603,000 after purchasing an additional 4,560 shares during the last quarter. Finally, Panagora Asset Management Inc. grew its stake in shares of Leaf Group by 19.1% in the second quarter. Panagora Asset Management Inc. now owns 42,468 shares of the company’s stock worth $315,000 after acquiring an additional 6,807 shares in the last quarter.

Leaf Group Company Profile

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.

Featured Article: What is Green Investing?

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

Receive News & Ratings for Leaf Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leaf Group and related companies with MarketBeat.com's FREE daily email newsletter.