Spark Energy, Inc. (NASDAQ:SPKE) Director W Keith Maxwell III acquired 9,800 shares of the business’s stock in a transaction on Monday, December 4th. The stock was acquired at an average price of $13.31 per share, for a total transaction of $130,438.00. Following the acquisition, the director now owns 867,713 shares of the company’s stock, valued at approximately $11,549,260.03. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Friday, December 1st, W Keith Maxwell III acquired 2,900 shares of Spark Energy stock. The stock was acquired at an average price of $12.83 per share, for a total transaction of $37,207.00.
  • On Wednesday, November 29th, W Keith Maxwell III acquired 4,100 shares of Spark Energy stock. The stock was acquired at an average price of $12.61 per share, for a total transaction of $51,701.00.
  • On Friday, September 15th, W Keith Maxwell III acquired 47,200 shares of Spark Energy stock. The stock was acquired at an average price of $16.72 per share, for a total transaction of $789,184.00.
  • On Thursday, September 14th, W Keith Maxwell III acquired 11,400 shares of Spark Energy stock. The stock was acquired at an average price of $16.37 per share, for a total transaction of $186,618.00.
  • On Tuesday, September 12th, W Keith Maxwell III acquired 21,900 shares of Spark Energy stock. The stock was acquired at an average price of $15.76 per share, for a total transaction of $345,144.00.
  • On Monday, September 11th, W Keith Maxwell III acquired 30,440 shares of Spark Energy stock. The stock was acquired at an average price of $15.52 per share, for a total transaction of $472,428.80.
  • On Friday, September 8th, W Keith Maxwell III purchased 47,779 shares of Spark Energy stock. The shares were purchased at an average price of $15.26 per share, for a total transaction of $729,107.54.

Spark Energy, Inc. (NASDAQ SPKE) traded down $0.45 during trading hours on Wednesday, hitting $13.10. 263,900 shares of the stock were exchanged, compared to its average volume of 225,591. Spark Energy, Inc. has a 1 year low of $11.30 and a 1 year high of $23.65. The company has a current ratio of 1.63, a quick ratio of 1.58 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $469.24, a PE ratio of 16.73 and a beta of -1.68.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Investors of record on Wednesday, November 29th will be issued a $0.1813 dividend. This represents a $0.73 annualized dividend and a yield of 5.53%. The ex-dividend date is Tuesday, November 28th. Spark Energy’s dividend payout ratio is currently 90.12%.

A number of hedge funds have recently modified their holdings of the stock. Public Employees Retirement System of Ohio boosted its holdings in Spark Energy by 131.4% in the third quarter. Public Employees Retirement System of Ohio now owns 22,582 shares of the utilities provider’s stock worth $339,000 after purchasing an additional 12,824 shares during the last quarter. GSA Capital Partners LLP boosted its holdings in Spark Energy by 29.7% in the third quarter. GSA Capital Partners LLP now owns 129,300 shares of the utilities provider’s stock worth $1,940,000 after purchasing an additional 29,600 shares during the last quarter. Cornerstone Capital Management Holdings LLC. boosted its holdings in Spark Energy by 29.7% in the third quarter. Cornerstone Capital Management Holdings LLC. now owns 95,322 shares of the utilities provider’s stock worth $1,429,000 after purchasing an additional 21,800 shares during the last quarter. Allianz Asset Management GmbH purchased a new stake in Spark Energy in the third quarter worth approximately $243,000. Finally, Stifel Financial Corp purchased a new stake in Spark Energy in the third quarter worth approximately $432,000. Institutional investors own 35.27% of the company’s stock.

SPKE has been the topic of a number of recent analyst reports. Zacks Investment Research cut shares of Spark Energy from a “buy” rating to a “hold” rating in a report on Friday, August 11th. ValuEngine upgraded shares of Spark Energy from a “hold” rating to a “buy” rating in a report on Thursday, October 5th. TheStreet cut shares of Spark Energy from a “b” rating to a “c+” rating in a report on Monday, October 23rd. Janney Montgomery Scott upgraded shares of Spark Energy from a “neutral” rating to a “buy” rating in a report on Wednesday, November 1st. Finally, B. Riley cut shares of Spark Energy from a “buy” rating to a “neutral” rating and cut their price target for the company from $23.50 to $17.00 in a report on Tuesday, November 7th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $22.21.

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About Spark Energy

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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