13,205 Shares in Spok Holdings, Inc. (SPOK) Purchased by OxFORD Asset Management LLP
OxFORD Asset Management LLP purchased a new stake in Spok Holdings, Inc. (NASDAQ:SPOK) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 13,205 shares of the Wireless communications provider’s stock, valued at approximately $203,000. OxFORD Asset Management LLP owned approximately 0.07% of Spok as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. SG Americas Securities LLC acquired a new stake in shares of Spok in the third quarter valued at approximately $138,000. Hancock Holding Co. acquired a new stake in shares of Spok in the second quarter valued at approximately $193,000. Great Lakes Advisors LLC acquired a new stake in shares of Spok in the second quarter valued at approximately $204,000. Hotchkis & Wiley Capital Management LLC acquired a new stake in shares of Spok in the third quarter valued at approximately $182,000. Finally, Thrivent Financial For Lutherans boosted its holdings in shares of Spok by 5.5% in the second quarter. Thrivent Financial For Lutherans now owns 12,380 shares of the Wireless communications provider’s stock valued at $219,000 after acquiring an additional 650 shares during the period. 85.28% of the stock is owned by hedge funds and other institutional investors.
In other news, CEO Vincent D. Kelly sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $17.41, for a total transaction of $87,050.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Tom Saine sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $17.30, for a total value of $51,900.00. Following the sale, the insider now owns 43,924 shares of the company’s stock, valued at approximately $759,885.20. The disclosure for this sale can be found here. Insiders sold 13,000 shares of company stock valued at $225,300 over the last three months. Corporate insiders own 1.63% of the company’s stock.
Shares of Spok Holdings, Inc. (NASDAQ SPOK) opened at $15.65 on Monday. The firm has a market capitalization of $312.73, a P/E ratio of 34.78 and a beta of 0.61. Spok Holdings, Inc. has a fifty-two week low of $14.45 and a fifty-two week high of $22.60.
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 8th. Stockholders of record on Friday, November 17th were issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 3.19%. The ex-dividend date was Thursday, November 16th. Spok’s payout ratio is currently 111.11%.
Separately, BidaskClub downgraded Spok from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th.
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USA Mobility, Inc (USA Mobility) is a holding company, which operates through its indirect wholly owned subsidiary, USA Mobility Wireless, Inc The Company is a provider of wireless messaging, mobile voice and data and unified communications solutions in the United States. In addition, through its indirect wholly owned subsidiary, Amcom Software, Inc (Amcom), it provides mission critical unified communications solutions for contact centers, emergency management, mobile event notification and Smartphone messaging.
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