Spark Energy, Inc. (NASDAQ:SPKE) Director W Keith Maxwell III acquired 2,300 shares of the stock in a transaction on Friday, December 8th. The stock was bought at an average price of $13.55 per share, with a total value of $31,165.00. Following the completion of the acquisition, the director now directly owns 907,872 shares of the company’s stock, valued at $12,301,665.60. The purchase was disclosed in a filing with the SEC, which is available at this link.

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

  • On Wednesday, December 13th, W Keith Maxwell III acquired 22,850 shares of Spark Energy stock. The stock was bought at an average price of $13.34 per share, with a total value of $304,819.00.
  • On Wednesday, December 6th, W Keith Maxwell III acquired 14,500 shares of Spark Energy stock. The stock was bought at an average price of $13.42 per share, with a total value of $194,590.00.
  • On Friday, December 1st, W Keith Maxwell III acquired 2,900 shares of Spark Energy stock. The stock was bought at an average price of $12.83 per share, with a total value of $37,207.00.
  • On Monday, December 4th, W Keith Maxwell III acquired 9,800 shares of Spark Energy stock. The stock was bought at an average price of $13.31 per share, with a total value of $130,438.00.
  • On Wednesday, November 29th, W Keith Maxwell III acquired 4,100 shares of Spark Energy stock. The stock was bought at an average price of $12.61 per share, with a total value of $51,701.00.
  • On Friday, September 15th, W Keith Maxwell III bought 47,200 shares of Spark Energy stock. The shares were acquired at an average price of $16.72 per share, with a total value of $789,184.00.
  • On Thursday, September 14th, W Keith Maxwell III bought 11,400 shares of Spark Energy stock. The shares were acquired at an average price of $16.37 per share, with a total value of $186,618.00.

Shares of Spark Energy, Inc. (NASDAQ SPKE) traded down $0.35 on Friday, hitting $11.90. 326,152 shares of the company traded hands, compared to its average volume of 188,007. The company has a market capitalization of $424.22, a P/E ratio of 15.12 and a beta of -1.68. The company has a quick ratio of 1.58, a current ratio of 1.63 and a debt-to-equity ratio of 0.69. Spark Energy, Inc. has a 12 month low of $11.30 and a 12 month high of $23.65.

The company also recently declared a quarterly dividend, which was paid on Thursday, December 14th. Investors of record on Wednesday, November 29th were given a dividend of $0.1813 per share. This represents a $0.73 annualized dividend and a dividend yield of 6.09%. The ex-dividend date of this dividend was Tuesday, November 28th. Spark Energy’s dividend payout ratio (DPR) is currently 90.12%.

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Alliancebernstein L.P. increased its position in shares of Spark Energy by 37.1% during the second quarter. Alliancebernstein L.P. now owns 13,300 shares of the utilities provider’s stock valued at $250,000 after acquiring an additional 3,600 shares in the last quarter. Bank of Montreal Can increased its position in shares of Spark Energy by 63.0% during the second quarter. Bank of Montreal Can now owns 10,528 shares of the utilities provider’s stock valued at $198,000 after acquiring an additional 4,070 shares in the last quarter. TIAA CREF Investment Management LLC increased its position in shares of Spark Energy by 31.3% during the first quarter. TIAA CREF Investment Management LLC now owns 20,969 shares of the utilities provider’s stock valued at $670,000 after acquiring an additional 5,002 shares in the last quarter. Schwab Charles Investment Management Inc. increased its position in shares of Spark Energy by 3.6% during the second quarter. Schwab Charles Investment Management Inc. now owns 182,478 shares of the utilities provider’s stock valued at $3,431,000 after acquiring an additional 6,408 shares in the last quarter. Finally, Hancock Holding Co. grew its position in Spark Energy by 100.0% in the 2nd quarter. Hancock Holding Co. now owns 13,130 shares of the utilities provider’s stock worth $247,000 after purchasing an additional 6,565 shares during the period. 35.28% of the stock is owned by institutional investors.

Several equities analysts have recently issued reports on SPKE shares. TheStreet lowered shares of Spark Energy from a “b” rating to a “c+” rating in a report on Monday, October 23rd. Zacks Investment Research lowered shares of Spark Energy from a “hold” rating to a “sell” rating in a report on Tuesday, September 26th. Janney Montgomery Scott upgraded shares of Spark Energy from a “neutral” rating to a “buy” rating in a report on Wednesday, November 1st. ValuEngine lowered shares of Spark Energy from a “buy” rating to a “hold” rating in a report on Thursday, November 9th. Finally, B. Riley lowered shares of Spark Energy from a “buy” rating to a “neutral” rating and lowered their target price 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 assigned a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $22.21.

TRADEMARK VIOLATION NOTICE: This piece of content was published by Watch List News and is owned by of Watch List News. If you are reading this piece of content on another site, it was stolen and reposted in violation of U.S. & international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.watchlistnews.com/spark-energy-inc-spke-director-w-keith-maxwell-iii-buys-2300-shares/1768631.html.

Spark Energy Company Profile

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)

Receive News & Ratings for Spark Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spark Energy and related companies with MarketBeat.com's FREE daily email newsletter.