Spark Energy, Inc. (NASDAQ:SPKE) Director W Keith Maxwell III acquired 7,200 shares of the company’s stock in a transaction that occurred on Tuesday, December 19th. The stock was purchased at an average cost of $11.88 per share, for a total transaction of $85,536.00. Following the acquisition, the director now owns 952,122 shares in the company, valued at $11,311,209.36. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Wednesday, December 13th, W Keith Maxwell III bought 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 Friday, December 8th, W Keith Maxwell III bought 2,300 shares of Spark Energy stock. The stock was bought at an average price of $13.55 per share, with a total value of $31,165.00.
  • On Wednesday, December 6th, W Keith Maxwell III bought 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 bought 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 bought 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 bought 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.

Spark Energy, Inc. (SPKE) traded up $0.35 during trading hours on Thursday, hitting $12.20. 189,700 shares of the stock traded hands, compared to its average volume of 224,980. Spark Energy, Inc. has a one year low of $11.30 and a one year high of $23.65. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.58 and a current ratio of 1.63. The company has a market cap of $410.37, a price-to-earnings ratio of 14.63 and a beta of -1.68.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 14th. Stockholders of record on Wednesday, November 29th were given 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 dividend yield of 5.94%. Spark Energy’s dividend payout ratio (DPR) is 90.12%.

Large investors have recently bought and sold shares of the company. Federated Investors Inc. PA bought a new position in shares of Spark Energy during the 2nd quarter valued at about $194,000. Bank of Montreal Can boosted its position in shares of Spark Energy by 63.0% during the 2nd quarter. Bank of Montreal Can now owns 10,528 shares of the utilities provider’s stock valued at $198,000 after purchasing an additional 4,070 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of Spark Energy by 159.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 10,716 shares of the utilities provider’s stock valued at $201,000 after purchasing an additional 6,586 shares in the last quarter. Citadel Advisors LLC bought a new position in shares of Spark Energy during the 2nd quarter valued at about $237,000. Finally, Rhumbline Advisers bought a new position in shares of Spark Energy during the 2nd quarter valued at about $243,000. Institutional investors own 35.28% of the company’s stock.

A number of brokerages recently issued reports on SPKE. ValuEngine upgraded shares of Spark Energy from a “hold” rating to a “buy” rating in a research report on Thursday, October 5th. B. Riley lowered shares of Spark Energy from a “buy” rating to a “neutral” rating and decreased their target price for the company from $23.50 to $17.00 in a research report on Tuesday, November 7th. TheStreet upgraded shares of Spark Energy from a “c+” rating to a “b-” rating in a research report on Monday, December 11th. 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, Janney Montgomery Scott upgraded shares of Spark Energy from a “neutral” rating to a “buy” rating in a research report on Wednesday, November 1st. One research 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. Spark Energy currently has an average rating of “Hold” and an average target price of $22.21.

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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)

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