Shares of NASDAQ SPOK opened at $15.40 on Friday. The firm’s fifty day moving average is $15.14. Spok has a 12-month low of $12.21 and a 12-month high of $17.25.
Spok (NASDAQ:SPOK) last announced its earnings results on Wednesday, April 24th. The Wireless communications provider reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $41.76 million for the quarter. Spok had a negative return on equity of 0.19% and a negative net margin of 0.31%.
In other news, CEO Vincent D. Kelly sold 10,000 shares of the firm’s stock in a transaction on Tuesday, June 4th. The stock was sold at an average price of $15.38, for a total value of $153,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Todd J. Stein sold 65,376 shares of the firm’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $15.84, for a total value of $1,035,555.84. Following the completion of the sale, the director now directly owns 2,973 shares of the company’s stock, valued at approximately $47,092.32. The disclosure for this sale can be found here. 7.51% of the stock is owned by company insiders.
Several institutional investors have recently bought and sold shares of SPOK. BNP Paribas Arbitrage SA boosted its position in shares of Spok by 54,571.4% in the 1st quarter. BNP Paribas Arbitrage SA now owns 3,827 shares of the Wireless communications provider’s stock worth $52,000 after purchasing an additional 3,820 shares in the last quarter. Municipal Employees Retirement System of Michigan acquired a new stake in shares of Spok in the 4th quarter worth $74,000. Oregon Public Employees Retirement Fund acquired a new stake in shares of Spok in the 4th quarter worth $91,000. Metropolitan Life Insurance Co. NY boosted its position in shares of Spok by 523.4% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 7,169 shares of the Wireless communications provider’s stock worth $95,000 after purchasing an additional 6,019 shares in the last quarter. Finally, Brandywine Global Investment Management LLC acquired a new stake in shares of Spok in the 4th quarter worth $137,000. 80.35% of the stock is owned by hedge funds and other institutional investors.
Spok Company Profile
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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