Leaf Group Ltd (NYSE:LFGR) major shareholder Osmium Partners, Llc sold 167,261 shares of the company’s stock in a transaction on Monday, August 13th. The stock was sold at an average price of $11.05, for a total value of $1,848,234.05. The sale was disclosed in a filing with the SEC, which is accessible through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Shares of LFGR stock opened at $11.15 on Friday. Leaf Group Ltd has a twelve month low of $6.35 and a twelve month high of $12.05.

Leaf Group (NYSE:LFGR) last announced its quarterly earnings data on Thursday, August 2nd. The technology company reported ($0.25) earnings per share for the quarter, missing the consensus estimate of ($0.24) by ($0.01). Leaf Group had a negative return on equity of 34.93% and a negative net margin of 17.25%. The business had revenue of $34.32 million for the quarter.

Several analysts recently weighed in on the company. Canaccord Genuity assumed coverage on Leaf Group in a research report on Thursday, July 12th. They set a “buy” rating and a $14.00 price objective for the company. ValuEngine upgraded Leaf Group from a “hold” rating to a “buy” rating in a research report on Wednesday, June 6th.

Several hedge funds have recently made changes to their positions in the stock. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Leaf Group by 7.9% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 80,625 shares of the technology company’s stock worth $875,000 after buying an additional 5,900 shares during the last quarter. BlackRock Inc. raised its position in Leaf Group by 1.2% in the first quarter. BlackRock Inc. now owns 559,319 shares of the technology company’s stock valued at $3,944,000 after purchasing an additional 6,644 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in Leaf Group by 28.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 38,420 shares of the technology company’s stock valued at $417,000 after purchasing an additional 8,500 shares during the last quarter. Deutsche Bank AG raised its position in Leaf Group by 148.1% in the fourth quarter. Deutsche Bank AG now owns 27,533 shares of the technology company’s stock valued at $271,000 after purchasing an additional 16,436 shares during the last quarter. Finally, Northern Trust Corp raised its position in Leaf Group by 17.1% in the first quarter. Northern Trust Corp now owns 141,919 shares of the technology company’s stock valued at $1,001,000 after purchasing an additional 20,764 shares during the last quarter. Institutional investors and hedge funds own 65.68% of the company’s stock.

Leaf Group Company Profile

Leaf Group Ltd., together with its subsidiaries, operates as a diversified consumer Internet company worldwide. The company operates in two segments, Marketplaces and Media. The Marketplaces segment offers Society6.com, which provides artists with an online commerce platform to feature and sell their original art and designs on consumer products in the home décor, accessories, and apparel categories; and Deny Designs, an artist-driven home décor brand.

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Insider Buying and Selling by Quarter for Leaf Group (NYSE:LFGR)

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