Spark Networks SE (NYSEAMERICAN:LOV) Major Shareholder Viii Lp Canaan Sells 12,000 Shares

Spark Networks SE (NYSEAMERICAN:LOV) major shareholder Viii Lp Canaan sold 12,000 shares of the stock in a transaction that occurred on Monday, May 3rd. The stock was sold at an average price of $7.13, for a total value of $85,560.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Viii Lp Canaan also recently made the following trade(s):

  • On Friday, April 30th, Viii Lp Canaan sold 6,081 shares of Spark Networks stock. The stock was sold at an average price of $7.12, for a total value of $43,296.72.
  • On Wednesday, April 28th, Viii Lp Canaan sold 10,874 shares of Spark Networks stock. The shares were sold at an average price of $7.23, for a total value of $78,619.02.
  • On Monday, April 26th, Viii Lp Canaan sold 12,000 shares of Spark Networks stock. The shares were sold at an average price of $7.24, for a total value of $86,880.00.
  • On Friday, April 23rd, Viii Lp Canaan sold 12,000 shares of Spark Networks stock. The shares were sold at an average price of $7.11, for a total value of $85,320.00.
  • On Wednesday, April 21st, Viii Lp Canaan sold 12,000 shares of Spark Networks stock. The shares were sold at an average price of $7.07, for a total value of $84,840.00.
  • On Monday, April 19th, Viii Lp Canaan sold 10,000 shares of Spark Networks stock. The shares were sold at an average price of $7.17, for a total value of $71,700.00.
  • On Friday, April 16th, Viii Lp Canaan sold 10,000 shares of Spark Networks stock. The shares were sold at an average price of $6.71, for a total value of $67,100.00.
  • On Wednesday, April 14th, Viii Lp Canaan sold 10,000 shares of Spark Networks stock. The shares were sold at an average price of $7.10, for a total value of $71,000.00.
  • On Monday, April 12th, Viii Lp Canaan sold 10,000 shares of Spark Networks stock. The stock was sold at an average price of $7.08, for a total value of $70,800.00.
  • On Friday, April 9th, Viii Lp Canaan sold 10,000 shares of Spark Networks stock. The stock was sold at an average price of $7.43, for a total value of $74,300.00.

NYSEAMERICAN LOV opened at $7.21 on Tuesday. Spark Networks SE has a 1-year low of $2.36 and a 1-year high of $8.40. The company has a 50 day moving average of $4.85 and a 200-day moving average of $4.62. The company has a market cap of $9.39 million, a price-to-earnings ratio of -8.38 and a beta of 1.62.

A number of equities analysts recently commented on LOV shares. Canaccord Genuity lifted their price target on Spark Networks from $9.00 to $10.00 and gave the stock a “buy” rating in a report on Tuesday, April 20th. Zacks Investment Research cut Spark Networks from a “hold” rating to a “sell” rating in a report on Wednesday, April 7th.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LOV. Eidelman Virant Capital acquired a new stake in shares of Spark Networks in the fourth quarter valued at approximately $53,000. Prelude Capital Management LLC acquired a new stake in shares of Spark Networks in the fourth quarter valued at approximately $167,000. Diametric Capital LP acquired a new position in Spark Networks during the fourth quarter valued at approximately $271,000. Henry James International Management Inc. acquired a new position in Spark Networks during the first quarter valued at approximately $343,000. Finally, Renaissance Technologies LLC raised its position in Spark Networks by 282.9% during the fourth quarter. Renaissance Technologies LLC now owns 196,052 shares of the technology company’s stock valued at $1,043,000 after purchasing an additional 144,852 shares in the last quarter.

Spark Networks Company Profile

Spark Networks SE operates online dating sites and mobile applications. It focuses on catering to the 40+ age demographic and religious minded singles for serious relationships in North America and other international markets. The company operates its dating platforms under the Zoosk, EliteSingles, Christian Mingle, Jdate, JSwipe, SilverSingles, etc.

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Insider Buying and Selling by Quarter for Spark Networks (NYSEAMERICAN:LOV)

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