2 weeks Ago By ABMN Staff
Spok Holdings, Inc. ( NASDAQ:SPOK – Get Free Report ) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 330,000 shares, a decline of 23.
9% from the August 31st total of 433,700 shares. Based on an average trading volume of 117,600 shares, the days-to-cover ratio is currently 2.8 days.
Insider Buying and Selling at Spok In other news, CEO Vincent D. Kelly sold 45,000 shares of the firm’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $14.
83, for a total transaction of $667,350.00. Following the sale, the chief executive officer now owns 201,645 shares in the company, valued at approximately $2,990,395.
35. The transaction was disclosed in a filing with the SEC, which is accessible through this link . In related news, CEO Vincent D.
Kelly sold 45,000 shares of Spok stock in a transaction on Monday, August 19th. The shares were sold at an average price of $14.83, for a total value of $667,350.
00. Following the sale, the chief executive officer now owns 201,645 shares in the company, valued at $2,990,395.35.
The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink . Also, COO Michael W. Wallace sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 20th.
The shares were sold at an average price of $14.80, for a total value of $370,000.00.
Following the completion of the transaction, the chief operating officer now owns 49,465 shares of the company’s stock, valued at approximately $732,082. The disclosure for this sale can be found here . Corporate insiders own 11.
88% of the company’s stock. Institutional Trading of Spok A number of institutional investors and hedge funds have recently added to or reduced their stakes in SPOK. Gladius Capital Management LP bought a new stake in shares of Spok during the second quarter worth approximately $112,000.
Tucker Asset Management LLC purchased a new stake in shares of Spok during the 4th quarter worth approximately $126,000. BNP Paribas Financial Markets increased its position in Spok by 82.8% in the first quarter.
BNP Paribas Financial Markets now owns 8,577 shares of the Wireless communications provider’s stock worth $137,000 after buying an additional 3,884 shares during the last quarter. Principal Financial Group Inc. purchased a new stake in Spok during the first quarter valued at about $170,000.
Finally, Redhawk Wealth Advisors Inc. purchased a new stake in shares of Spok during the 2nd quarter valued at approximately $196,000. Institutional investors own 50.
81% of the company’s stock. Wall Street Analysts Forecast Growth Check Out Our Latest Report on Spok Spok Stock Up 1.1 % SPOK traded up $0.
17 on Friday, reaching $15.16. The company’s stock had a trading volume of 145,025 shares, compared to its average volume of 134,986.
Spok has a fifty-two week low of $13.24 and a fifty-two week high of $18.14.
The company has a market capitalization of $306.93 million, a price-to-earnings ratio of 18.27 and a beta of 0.
33. The stock has a 50 day moving average of $15.09 and a two-hundred day moving average of $15.
26. Spok ( NASDAQ:SPOK – Get Free Report ) last released its earnings results on Wednesday, July 24th. The Wireless communications provider reported $0.
17 earnings per share (EPS) for the quarter. Spok had a return on equity of 9.56% and a net margin of 11.
19%. The company had revenue of $33.98 million for the quarter.
Spok Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Monday, August 19th were issued a $0.313 dividend.
This represents a $1.25 dividend on an annualized basis and a yield of 8.26%.
The ex-dividend date was Monday, August 19th. Spok’s dividend payout ratio (DPR) is currently 150.60%.
About Spok ( Get Free Report ) Spok Holdings, Inc, through its subsidiary, Spok, Inc, provides healthcare communication solutions in the United States, Europe, Canada, Australia, Asia, and the Middle East. The company's products and services enhance workflows for clinicians and support administrative compliance. It delivers clinical information to care teams when and where it matters to enhance patient outcomes; and provides GenA Pager, a one-way alphanumeric pager.
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