Spark Networks SE (NYSEAMERICAN:LOV) Major Shareholder Viii Lp Canaan Sells 6,081 Shares of Stock

Spark Networks SE (NYSEAMERICAN:LOV) major shareholder Viii Lp Canaan sold 6,081 shares of the stock in a transaction that occurred on Friday, April 30th. The shares were sold at an average price of $7.12, for a total transaction of $43,296.72. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

  • On Monday, May 3rd, Viii Lp Canaan sold 12,000 shares of Spark Networks stock. The shares were sold at an average price of $7.13, for a total transaction of $85,560.00.
  • 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 transaction 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 shares were 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.

Shares of LOV opened at $7.21 on Tuesday. The company has a market cap of $9.39 million, a PE ratio of -8.38 and a beta of 1.62. The business has a fifty day moving average of $4.85 and a 200 day moving average of $4.62. Spark Networks SE has a 52-week low of $2.36 and a 52-week high of $8.40.

Several large investors have recently added to or reduced their stakes in the company. Cannell Capital LLC lifted its position in shares of Spark Networks by 34.8% during the fourth quarter. Cannell Capital LLC now owns 1,705,350 shares of the technology company’s stock worth $9,072,000 after purchasing an additional 440,301 shares during the last quarter. Renaissance Technologies LLC lifted its position in shares of Spark Networks by 282.9% during the fourth quarter. Renaissance Technologies LLC now owns 196,052 shares of the technology company’s stock worth $1,043,000 after purchasing an additional 144,852 shares during the last quarter. Diametric Capital LP bought a new stake in shares of Spark Networks during the fourth quarter worth $271,000. Henry James International Management Inc. bought a new stake in shares of Spark Networks during the first quarter worth $343,000. Finally, Prelude Capital Management LLC bought a new stake in shares of Spark Networks during the fourth quarter worth $167,000.

A number of analysts recently issued reports on the company. Zacks Investment Research downgraded Spark Networks from a “hold” rating to a “sell” rating in a research report on Wednesday, April 7th. Canaccord Genuity raised their price target on Spark Networks from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Tuesday, April 20th.

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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