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SPAR Group (NASDAQ:SGRP) major shareholder Williams H. Bartels sold 25,000 shares of SPAR Group stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $2.03, for a total value of $50,750.00. Following the sale, the insider now directly owns 5,340,938 shares in the company, valued at approximately $10,842,104. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

SPAR Group (NASDAQ:SGRP) traded down 1.40% on Friday, hitting $2.1199. The stock had a trading volume of 19,809 shares. SPAR Group has a one year low of $1.61 and a one year high of $3.36. The stock’s 50-day moving average is $1.95 and its 200-day moving average is $1.91. The company has a market cap of $43.5 million and a price-to-earnings ratio of 27.92.

SPAR Group, Inc, (NASDAQ:SGRP) is a diversified international merchandising and marketing services company and provides an array of services worldwide.

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