Spark Energy Inc (NASDAQ:SPKE) Director W Keith Maxwell III purchased 36,600 shares of Spark Energy stock in a transaction dated Thursday, December 21st. The shares were purchased at an average cost of $12.00 per share, with a total value of $439,200.00. Following the acquisition, the director now owns 966,372 shares of the company’s stock, valued at approximately $11,596,464. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

  • On Tuesday, December 19th, W Keith Maxwell III purchased 7,200 shares of Spark Energy stock. The shares were purchased at an average cost of $11.88 per share, with a total value of $85,536.00.
  • On Wednesday, December 13th, W Keith Maxwell III purchased 22,850 shares of Spark Energy stock. The shares were purchased at an average cost of $13.34 per share, with a total value of $304,819.00.
  • On Friday, December 8th, W Keith Maxwell III purchased 2,300 shares of Spark Energy stock. The shares were purchased at an average cost of $13.55 per share, with a total value of $31,165.00.
  • On Wednesday, December 6th, W Keith Maxwell III acquired 14,500 shares of Spark Energy stock. The shares were bought at an average price of $13.42 per share, for a total transaction of $194,590.00.
  • On Friday, December 1st, W Keith Maxwell III acquired 2,900 shares of Spark Energy stock. The shares were bought at an average price of $12.83 per share, for a total transaction of $37,207.00.
  • On Monday, December 4th, W Keith Maxwell III acquired 9,800 shares of Spark Energy stock. The shares were bought at an average price of $13.31 per share, for a total transaction of $130,438.00.
  • On Wednesday, November 29th, W Keith Maxwell III acquired 4,100 shares of Spark Energy stock. The shares were bought at an average price of $12.61 per share, for a total transaction of $51,701.00.

Shares of Spark Energy Inc (SPKE) traded up $0.05 on Thursday, reaching $11.00. The company had a trading volume of 345,500 shares, compared to its average volume of 226,665. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.63 and a quick ratio of 1.58. Spark Energy Inc has a 1 year low of $10.70 and a 1 year high of $23.65. The stock has a market cap of $386.13, a PE ratio of 13.58 and a beta of -1.68.

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 14th. Shareholders of record on Wednesday, November 29th were paid a dividend of $0.1813 per share. The ex-dividend date of this dividend was Tuesday, November 28th. This represents a $0.73 annualized dividend and a yield of 6.59%. Spark Energy’s dividend payout ratio (DPR) is presently 90.12%.

A number of equities research analysts recently weighed in on SPKE shares. Janney Montgomery Scott upgraded shares of Spark Energy from a “neutral” rating to a “buy” rating in a research note on Wednesday, November 1st. TheStreet cut shares of Spark Energy from a “b” rating to a “c+” rating in a research note on Monday, October 23rd. ValuEngine cut shares of Spark Energy from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. Zacks Investment Research upgraded shares of Spark Energy from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 24th. Finally, B. Riley cut shares of Spark Energy from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $23.50 to $17.00 in a research report on Tuesday, November 7th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. Spark Energy currently has an average rating of “Hold” and a consensus target price of $22.21.

Large investors have recently added to or reduced their stakes in the business. Cornerstone Capital Management Holdings LLC. grew its stake in Spark Energy by 47.8% during the 2nd quarter. Cornerstone Capital Management Holdings LLC. now owns 73,522 shares of the utilities provider’s stock valued at $1,382,000 after acquiring an additional 23,761 shares in the last quarter. Swiss National Bank purchased a new position in Spark Energy during the 2nd quarter valued at about $365,000. Goldman Sachs Group Inc. grew its stake in Spark Energy by 129.6% during the 2nd quarter. Goldman Sachs Group Inc. now owns 30,891 shares of the utilities provider’s stock valued at $581,000 after acquiring an additional 17,435 shares in the last quarter. Russell Investments Group Ltd. grew its stake in Spark Energy by 892.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 14,561 shares of the utilities provider’s stock valued at $274,000 after acquiring an additional 13,094 shares in the last quarter. Finally, Bard Associates Inc. grew its stake in shares of Spark Energy by 98.8% in the 2nd quarter. Bard Associates Inc. now owns 182,330 shares of the utilities provider’s stock valued at $3,428,000 after buying an additional 90,615 shares in the last quarter. 35.28% of the stock is currently owned by institutional investors.

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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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