SP Plus Corp (NASDAQ:SP) EVP Gerard M. Klaisle sold 7,500 shares of the company’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $38.15, for a total value of $286,125.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

SP Plus Corp (SP) opened at $37.70 on Wednesday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $864.79, a price-to-earnings ratio of 19.64, a P/E/G ratio of 2.06 and a beta of 1.07. SP Plus Corp has a twelve month low of $27.05 and a twelve month high of $41.70.

SP has been the topic of a number of recent analyst reports. Zacks Investment Research raised SP Plus from a “hold” rating to a “buy” rating and set a $43.00 price objective on the stock in a report on Saturday, November 4th. BidaskClub lowered SP Plus from a “strong-buy” rating to a “buy” rating in a report on Tuesday, October 17th.

Institutional investors and hedge funds have recently bought and sold shares of the business. Zions Bancorporation purchased a new stake in SP Plus during the third quarter worth $108,000. Legal & General Group Plc boosted its position in SP Plus by 5.0% during the second quarter. Legal & General Group Plc now owns 4,205 shares of the business services provider’s stock worth $129,000 after purchasing an additional 200 shares in the last quarter. SG Americas Securities LLC purchased a new stake in SP Plus during the third quarter worth $141,000. California Public Employees Retirement System purchased a new stake in SP Plus during the second quarter worth $214,000. Finally, BlueCrest Capital Management Ltd purchased a new stake in SP Plus during the second quarter worth $221,000. Institutional investors own 96.99% of the company’s stock.

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SP Plus Company Profile

SP Plus Corporation (SP Plus) is a provider of parking management, ground transportation and other ancillary services to commercial, institutional and municipal clients in the United States, Puerto Rico and Canada. The Company’s segments include Region One (Urban), Region Two (Airport transportation), Region Three and Other.

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