Spark Networks Inc (LOV) Director Sells $20,600.00 in Stock
Spark Networks Inc (NYSE:LOV) Director Michael J. Mcconnell sold 20,000 shares of Spark Networks stock in a transaction dated Tuesday, November 29th. The stock was sold at an average price of $1.03, for a total value of $20,600.00. Following the completion of the sale, the director now owns 146,338 shares in the company, valued at $150,728.14. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Spark Networks Inc (NYSE:LOV) traded down 2.83% during midday trading on Tuesday, reaching $1.03. The company had a trading volume of 169,547 shares. Spark Networks Inc has a 1-year low of $1.01 and a 1-year high of $4.14. The firm’s 50 day moving average is $1.35 and its 200 day moving average is $1.57. The stock’s market capitalization is $32.83 million.
About Spark Networks
Spark Networks, Inc is engaged in creating brands and communities that help individuals form life-long relationships with others that share their interests and values. The Company operates through four segments, such as Jewish Networks, which consists of JDate, JDate.co.uk, JDate.fr, JDate.co.il, Cupid.co.il and JSwipe; Christian Networks, which consists of ChristianMingle, CrossPaths, ChristianMingle.co.uk, ChristianMingle.com.au, Believe.com, ChristianCards.net, DailyBibleVerse.com and Faith.com; Other Networks, which consists of Spark.com and related other general market Websites, as well as other properties, which primarily consists of sites focused towards various religious, ethnic, geographic and special interest groups, and Offline & Other Businesses segment, which consists of revenue generated from offline activities.
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