Spok Holdings Inc (NASDAQ:SPOK) CEO Vincent D. Kelly sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 5th. The shares were sold at an average price of $15.20, for a total value of $152,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

NASDAQ:SPOK opened at $15.35 on Friday. The company has a market cap of $298.68 million, a PE ratio of 49.52 and a beta of 0.37. Spok Holdings Inc has a 52 week low of $13.75 and a 52 week high of $18.85.

Spok (NASDAQ:SPOK) last posted its earnings results on Wednesday, July 25th. The Wireless communications provider reported ($0.05) EPS for the quarter. The company had revenue of $40.63 million for the quarter. Spok had a negative net margin of 10.59% and a positive return on equity of 2.07%.

The business also recently announced a quarterly dividend, which will be paid on Monday, September 10th. Stockholders of record on Friday, August 17th will be issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 3.26%. The ex-dividend date of this dividend is Thursday, August 16th.

Several equities analysts have recently commented on the company. BidaskClub raised Spok from a “strong sell” rating to a “sell” rating in a report on Saturday, June 23rd. ValuEngine raised Spok from a “sell” rating to a “hold” rating in a report on Friday, August 3rd.

Several large investors have recently bought and sold shares of the company. Millennium Management LLC grew its holdings in shares of Spok by 200.8% during the second quarter. Millennium Management LLC now owns 151,428 shares of the Wireless communications provider’s stock valued at $2,279,000 after purchasing an additional 101,081 shares during the last quarter. Alambic Investment Management L.P. boosted its position in shares of Spok by 44.6% during the second quarter. Alambic Investment Management L.P. now owns 163,198 shares of the Wireless communications provider’s stock worth $2,456,000 after buying an additional 50,338 shares during the period. Citadel Advisors LLC boosted its position in shares of Spok by 30.0% during the second quarter. Citadel Advisors LLC now owns 113,596 shares of the Wireless communications provider’s stock worth $1,709,000 after buying an additional 26,200 shares during the period. Legal & General Group Plc boosted its position in shares of Spok by 11.6% during the second quarter. Legal & General Group Plc now owns 40,160 shares of the Wireless communications provider’s stock worth $605,000 after buying an additional 4,173 shares during the period. Finally, BlackRock Inc. boosted its position in shares of Spok by 6.0% during the second quarter. BlackRock Inc. now owns 3,117,215 shares of the Wireless communications provider’s stock worth $46,914,000 after buying an additional 176,639 shares during the period. 82.48% of the stock is owned by institutional investors.

About Spok

Spok Holdings, Inc, through its subsidiary, Spok, Inc, provides various communications solutions to healthcare, government, and other enterprises in the United States, Europe, Canada, Australia, Asia, and the Middle East. The company provides one-way messaging, including numeric messaging services, which enable subscribers to receive messages comprising numbers, such as phone numbers; and alphanumeric messages, including numbers and letters that enable subscribers to receive text messages.

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Insider Buying and Selling by Quarter for Spok (NASDAQ:SPOK)

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