Spark Energy, Inc. (NASDAQ:SPKE) Director James G. Jones II purchased 1,500 shares of the stock in a transaction dated Friday, December 15th. The shares were purchased at an average cost of $12.04 per share, for a total transaction of $18,060.00. Following the transaction, the director now owns 42,640 shares in the company, valued at approximately $513,385.60. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of Spark Energy, Inc. (NASDAQ SPKE) traded down $0.35 on Monday, reaching $11.90. 326,100 shares of the company traded hands, compared to its average volume of 225,054. The stock has a market cap of $412.10, a price-to-earnings ratio of 14.69 and a beta of -1.68. Spark Energy, Inc. has a 12-month low of $11.30 and a 12-month 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 business also recently disclosed a quarterly dividend, which was paid on Thursday, December 14th. Investors of record on Wednesday, November 29th were issued a $0.1813 dividend. The ex-dividend date of this dividend was Tuesday, November 28th. This represents a $0.73 annualized dividend and a yield of 6.09%. Spark Energy’s dividend payout ratio (DPR) is currently 90.12%.

Several research analysts have recently weighed in on SPKE shares. Zacks Investment Research cut shares of Spark Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, September 26th. ValuEngine raised shares of Spark Energy from a “hold” rating to a “buy” rating in a research report on Thursday, October 5th. B. Riley cut shares of Spark Energy from a “buy” rating to a “neutral” rating and lowered their price target for the company from $23.50 to $17.00 in a research report on Tuesday, November 7th. TheStreet raised shares of Spark Energy from a “c+” rating to a “b-” rating in a research report on Monday, December 11th. Finally, Janney Montgomery Scott raised shares of Spark Energy from a “neutral” rating to a “buy” rating in a research report on Wednesday, November 1st. 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 stock. The stock presently has an average rating of “Hold” and a consensus price target of $22.21.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Alliancebernstein L.P. raised its holdings in Spark Energy by 37.1% in the 2nd quarter. Alliancebernstein L.P. now owns 13,300 shares of the utilities provider’s stock valued at $250,000 after buying an additional 3,600 shares during the period. Bank of Montreal Can raised its holdings in Spark Energy by 63.0% in the 2nd quarter. Bank of Montreal Can now owns 10,528 shares of the utilities provider’s stock valued at $198,000 after buying an additional 4,070 shares during the period. TIAA CREF Investment Management LLC raised its holdings in Spark Energy by 31.3% in the 1st quarter. TIAA CREF Investment Management LLC now owns 20,969 shares of the utilities provider’s stock valued at $670,000 after buying an additional 5,002 shares during the period. Schwab Charles Investment Management Inc. raised its holdings in Spark Energy by 3.6% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 182,478 shares of the utilities provider’s stock valued at $3,431,000 after buying an additional 6,408 shares during the period. Finally, Hancock Holding Co. raised its holdings in Spark Energy by 100.0% in the 2nd quarter. Hancock Holding Co. now owns 13,130 shares of the utilities provider’s stock valued at $247,000 after buying an additional 6,565 shares during the period. Hedge funds and other institutional investors own 35.28% of the company’s stock.

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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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