Spark Energy, Inc. (NASDAQ:SPKE) Director W Keith Maxwell III bought 47,200 shares of Spark Energy stock in a transaction dated Friday, September 15th. The shares were acquired at an average price of $16.72 per share, with a total value of $789,184.00. Following the completion of the purchase, the director now owns 854,899 shares in the company, valued at approximately $14,293,911.28. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

  • 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.
  • On Tuesday, September 12th, W Keith Maxwell III bought 21,900 shares of Spark Energy stock. The shares were acquired at an average price of $15.76 per share, with a total value of $345,144.00.
  • On Monday, September 11th, W Keith Maxwell III bought 30,440 shares of Spark Energy stock. The shares were acquired at an average price of $15.52 per share, with a total value of $472,428.80.
  • On Friday, September 8th, W Keith Maxwell III bought 47,779 shares of Spark Energy stock. The shares were acquired at an average price of $15.26 per share, with a total value of $729,107.54.
  • On Thursday, July 27th, W Keith Maxwell III sold 8,100 shares of Spark Energy stock. The shares were sold at an average price of $21.11, for a total value of $170,991.00.
  • On Wednesday, July 26th, W Keith Maxwell III sold 10,524 shares of Spark Energy stock. The shares were sold at an average price of $21.11, for a total value of $222,161.64.
  • On Friday, July 28th, W Keith Maxwell III sold 22,218 shares of Spark Energy stock. The shares were sold at an average price of $21.12, for a total value of $469,244.16.
  • On Wednesday, July 19th, W Keith Maxwell III sold 47,300 shares of Spark Energy stock. The shares were sold at an average price of $21.25, for a total value of $1,005,125.00.
  • On Tuesday, July 18th, W Keith Maxwell III sold 6,800 shares of Spark Energy stock. The shares were sold at an average price of $21.01, for a total value of $142,868.00.
  • On Thursday, July 20th, W Keith Maxwell III sold 56,400 shares of Spark Energy stock. The shares were sold at an average price of $21.23, for a total value of $1,197,372.00.

Spark Energy, Inc. (NASDAQ:SPKE) opened at 15.80 on Friday. Spark Energy, Inc. has a 52 week low of $11.52 and a 52 week high of $23.65. The company’s 50-day moving average price is $17.17 and its 200 day moving average price is $18.21. The company has a market capitalization of $207.69 million, a PE ratio of 21.76 and a beta of -1.57.

Spark Energy (NASDAQ:SPKE) last released its quarterly earnings data on Friday, August 4th. The utilities provider reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.15). The firm had revenue of $151.44 million for the quarter, compared to the consensus estimate of $135.72 million. Spark Energy had a net margin of 1.68% and a return on equity of 9.13%. On average, equities research analysts anticipate that Spark Energy, Inc. will post $0.89 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 14th. Stockholders of record on Tuesday, August 29th were given a dividend of $0.1813 per share. This represents a $0.73 dividend on an annualized basis and a dividend yield of 4.59%. The ex-dividend date was Friday, August 25th. Spark Energy’s dividend payout ratio is presently 107.35%.

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Several equities analysts have recently commented on the company. Zacks Investment Research cut Spark Energy from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. Guggenheim upgraded Spark Energy from a “neutral” rating to a “buy” rating and set a $23.00 target price for the company in a research note on Friday, July 7th. BidaskClub cut Spark Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. FBR & Co set a $24.00 target price on Spark Energy and gave the company a “buy” rating in a research note on Monday, July 10th. Finally, Janney Montgomery Scott cut Spark Energy from a “buy” rating to a “neutral” rating and increased their target price for the company from $22.95 to $24.00 in a research note on Thursday, June 22nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. Spark Energy presently has a consensus rating of “Hold” and a consensus price target of $23.08.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in shares of Spark Energy during the first quarter valued at approximately $109,000. SG Americas Securities LLC increased its position in shares of Spark Energy by 49.4% during the first quarter. SG Americas Securities LLC now owns 5,743 shares of the utilities provider’s stock valued at $183,000 after purchasing an additional 1,898 shares during the period. Hancock Holding Co. bought a new stake in shares of Spark Energy during the first quarter valued at approximately $210,000. Nisa Investment Advisors LLC increased its position in shares of Spark Energy by 1,652.5% during the first quarter. Nisa Investment Advisors LLC now owns 7,010 shares of the utilities provider’s stock valued at $224,000 after purchasing an additional 6,610 shares during the period. Finally, Janney Montgomery Scott LLC increased its position in shares of Spark Energy by 1.1% during the first quarter. Janney Montgomery Scott LLC now owns 8,900 shares of the utilities provider’s stock valued at $284,000 after purchasing an additional 100 shares during the period. Institutional investors and hedge funds own 35.98% of the company’s stock.

About Spark Energy

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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