Leaf Group Ltd (LFGR) CEO Sells $22,023.50 in Stock

Leaf Group Ltd (NYSE:LFGR) CEO Sean P. Moriarty sold 2,591 shares of the business’s stock in a transaction on Tuesday, February 6th. The shares were sold at an average price of $8.50, for a total transaction of $22,023.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Monday, January 8th, Sean P. Moriarty sold 3,453 shares of Leaf Group stock. The shares were sold at an average price of $9.17, for a total transaction of $31,664.01.

Leaf Group Ltd (LFGR) opened at $7.85 on Thursday. The company has a market cap of $162.45, a price-to-earnings ratio of -4.94 and a beta of 0.40. Leaf Group Ltd has a one year low of $6.35 and a one year high of $10.15.

Leaf Group (NYSE:LFGR) last posted its quarterly earnings data on Tuesday, November 7th. The technology company reported ($0.33) EPS for the quarter, beating analysts’ consensus estimates of ($0.44) by $0.11. Leaf Group had a negative net margin of 25.98% and a negative return on equity of 44.59%. The company had revenue of $33.50 million for the quarter, compared to analyst estimates of $30.93 million. During the same period in the previous year, the business posted ($0.41) earnings per share. Leaf Group’s quarterly revenue was up 19.2% on a year-over-year basis. research analysts forecast that Leaf Group Ltd will post -1.53 EPS for the current fiscal year.

Several institutional investors have recently modified their holdings of LFGR. State Street Corp acquired a new position in shares of Leaf Group during the second quarter worth about $843,000. Emerald Mutual Fund Advisers Trust increased its stake in shares of Leaf Group by 58.5% during the third quarter. Emerald Mutual Fund Advisers Trust now owns 286,649 shares of the technology company’s stock worth $1,978,000 after acquiring an additional 105,840 shares during the period. Northern Trust Corp increased its stake in shares of Leaf Group by 476.6% during the second quarter. Northern Trust Corp now owns 122,614 shares of the technology company’s stock worth $957,000 after acquiring an additional 101,348 shares during the period. TIAA CREF Investment Management LLC acquired a new position in shares of Leaf Group during the second quarter worth about $252,000. Finally, Bank of New York Mellon Corp increased its stake in shares of Leaf Group by 308.8% during the second quarter. Bank of New York Mellon Corp now owns 42,587 shares of the technology company’s stock worth $333,000 after acquiring an additional 32,170 shares during the period. Institutional investors and hedge funds own 62.71% of the company’s stock.

LFGR has been the topic of a number of recent research reports. Zacks Investment Research lowered shares of Leaf Group from a “buy” rating to a “hold” rating in a research note on Wednesday, October 11th. ValuEngine upgraded shares of Leaf Group from a “sell” rating to a “hold” rating in a research note on Tuesday, November 21st. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $10.04.

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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 (NYSE:LFGR)

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