Spark Energy, Inc. (NASDAQ:SPKE) Director W Keith Maxwell III purchased 4,100 shares of Spark Energy stock in a transaction dated Wednesday, November 29th. The stock was bought at an average price of $12.61 per share, with a total value of $51,701.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

W Keith Maxwell III also recently made the following trade(s):

  • On Friday, September 15th, W Keith Maxwell III purchased 47,200 shares of Spark Energy stock. The stock was bought at an average price of $16.72 per share, with a total value of $789,184.00.
  • On Thursday, September 14th, W Keith Maxwell III purchased 11,400 shares of Spark Energy stock. The stock was bought at an average price of $16.37 per share, with a total value of $186,618.00.
  • On Tuesday, September 12th, W Keith Maxwell III purchased 21,900 shares of Spark Energy stock. The stock was bought at an average price of $15.76 per share, with a total value of $345,144.00.
  • On Monday, September 11th, W Keith Maxwell III purchased 30,440 shares of Spark Energy stock. The stock was bought at an average price of $15.52 per share, with a total value of $472,428.80.
  • On Friday, September 8th, W Keith Maxwell III purchased 47,779 shares of Spark Energy stock. The stock was bought at an average price of $15.26 per share, with a total value of $729,107.54.

Spark Energy, Inc. (SPKE) traded down $0.40 during trading on Friday, reaching $12.50. The company had a trading volume of 269,200 shares, compared to its average volume of 225,247. Spark Energy, Inc. has a twelve month low of $11.30 and a twelve month high of $23.65. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.58 and a current ratio of 1.63. The stock has a market capitalization of $432.88, a PE ratio of 15.43 and a beta of -1.62.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Investors of record on Wednesday, November 29th will be given a dividend of $0.1813 per share. This represents a $0.73 annualized dividend and a yield of 5.80%. The ex-dividend date of this dividend is Tuesday, November 28th. Spark Energy’s payout ratio is 90.12%.

Institutional investors have recently bought and sold shares of the stock. Federated Investors Inc. PA purchased a new position in Spark Energy during the second quarter worth about $194,000. Bank of Montreal Can grew its position in Spark Energy by 63.0% during the second quarter. Bank of Montreal Can now owns 10,528 shares of the utilities provider’s stock worth $198,000 after buying an additional 4,070 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in Spark Energy by 159.5% during the second quarter. The Manufacturers Life Insurance Company now owns 10,716 shares of the utilities provider’s stock worth $201,000 after buying an additional 6,586 shares in the last quarter. Citadel Advisors LLC purchased a new position in Spark Energy during the second quarter worth about $237,000. Finally, Rhumbline Advisers purchased a new position in Spark Energy during the second quarter worth about $243,000. Institutional investors and hedge funds own 35.15% of the company’s stock.

Several brokerages have recently weighed in on SPKE. BidaskClub cut Spark Energy from a “hold” rating to a “sell” rating in a research report on Thursday, August 3rd. ValuEngine cut Spark Energy from a “buy” rating to a “hold” rating in a research report on Monday, August 7th. Zacks Investment Research cut Spark Energy from a “buy” rating to a “hold” rating in a research report on Friday, August 11th. B. Riley cut Spark Energy from a “buy” rating to a “neutral” rating and reduced their price target for the company from $23.50 to $17.00 in a research report on Tuesday, November 7th. Finally, TheStreet cut Spark Energy from a “b” rating to a “c+” rating in a research report on Monday, October 23rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $22.21.

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Spark Energy Company Profile

Spark Energy, Inc is an independent retail energy services company. The Company provides residential and commercial customers across the United States with an alternative choice for their natural gas and electricity. The Company operates through two segments: Retail Natural Gas Segment and Retail Electricity Segment.

Insider Buying and Selling by Quarter for Spark Energy (NASDAQ:SPKE)

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