Leaf Group Ltd (NASDAQ:LFGR) CEO Sean P. Moriarty sold 1,729 shares of the stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $7.37, for a total transaction of $12,742.73. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Sean P. Moriarty also recently made the following trade(s):

  • On Thursday, July 6th, Sean P. Moriarty sold 1,729 shares of Leaf Group stock. The stock was sold at an average price of $7.60, for a total transaction of $13,140.40.

Shares of Leaf Group Ltd (LFGR) traded down 2.04% during midday trading on Tuesday, hitting $7.20. 25,022 shares of the stock were exchanged. Leaf Group Ltd has a 1-year low of $5.30 and a 1-year high of $9.35. The stock’s market capitalization is $143.58 million. The firm’s 50 day moving average is $7.70 and its 200-day moving average is $7.79.

Leaf Group (NASDAQ:LFGR) last issued its quarterly earnings data on Thursday, August 3rd. The company reported ($0.44) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.41) by $0.03. Leaf Group had a negative net margin of 36.78% and a negative return on equity of 53.54%. The business had revenue of $28.57 million for the quarter, compared to analyst estimates of $27.83 million. The company’s quarterly revenue was up 16.9% compared to the same quarter last year. On average, analysts predict that Leaf Group Ltd will post ($1.73) EPS for the current year.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. purchased a new position in Leaf Group during the second quarter valued at $234,000. Bank of New York Mellon Corp boosted its position in Leaf Group by 308.8% in the second quarter. Bank of New York Mellon Corp now owns 42,587 shares of the company’s stock valued at $333,000 after buying an additional 32,170 shares during the period. Emerald Mutual Fund Advisers Trust purchased a new position in Leaf Group during the first quarter valued at $905,000. Punch & Associates Investment Management Inc. boosted its position in Leaf Group by 1.5% in the first quarter. Punch & Associates Investment Management Inc. now owns 589,205 shares of the company’s stock valued at $4,419,000 after buying an additional 8,605 shares during the period. Finally, Royce & Associates LP boosted its position in Leaf Group by 1.4% in the first quarter. Royce & Associates LP now owns 967,216 shares of the company’s stock valued at $7,254,000 after buying an additional 13,193 shares during the period.

A number of research firms have recently commented on LFGR. B. Riley restated a “buy” rating and set a $10.50 price objective on shares of Leaf Group in a research note on Wednesday, May 10th. Craig Hallum set a $12.00 price objective on shares of Leaf Group and gave the stock a “buy” rating in a research note on Saturday, June 17th. Zacks Investment Research raised shares of Leaf Group from a “sell” rating to a “hold” rating in a report on Thursday, July 6th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and issued a $9.00 target price on shares of Leaf Group in a report on Friday, June 23rd. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Leaf Group has an average rating of “Buy” and a consensus price target of $10.04.

Leaf Group Company Profile

Leaf Group Ltd., formerly Demand Media, Inc, is diversified Internet marketplaces and media company. The Company has online media properties and marketplace platforms that enable communities of creators to reach audiences in lifestyle categories. The Company operates an online studio platform for the professional creation and distribution of content, as well as two online artist marketplaces.

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

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