Virtu Financial LLC Purchases New Stake in SPAR Group, Inc. (NASDAQ:SGRP)

Virtu Financial LLC acquired a new position in shares of SPAR Group, Inc. (NASDAQ:SGRP) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 54,225 shares of the business services provider’s stock, valued at approximately $105,000. Virtu Financial LLC owned 0.23% of SPAR Group at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Sage Investment Counsel LLC acquired a new stake in shares of SPAR Group during the fourth quarter worth approximately $29,000. Oddo BHF Asset Management Sas acquired a new stake in shares of SPAR Group during the 3rd quarter valued at $81,000. Murchinson Ltd. purchased a new position in shares of SPAR Group during the 3rd quarter valued at $196,000. Finally, Geode Capital Management LLC increased its stake in shares of SPAR Group by 35.0% in the third quarter. Geode Capital Management LLC now owns 136,691 shares of the business services provider’s stock worth $335,000 after acquiring an additional 35,450 shares during the last quarter. Hedge funds and other institutional investors own 9.57% of the company’s stock.

SPAR Group Stock Performance

Shares of SGRP stock opened at $1.39 on Monday. The stock’s 50-day moving average is $1.69 and its two-hundred day moving average is $2.03. SPAR Group, Inc. has a fifty-two week low of $1.11 and a fifty-two week high of $3.12. The firm has a market cap of $32.60 million, a P/E ratio of 2.73 and a beta of 0.75. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.77 and a quick ratio of 1.77.

SPAR Group Profile

SPAR Group, Inc, together with its subsidiaries, provides merchandising and brand marketing services in the Americas, the Asia-Pacific, Europe, Middle East, and Africa. The company offers merchandising and marketing services, such as resets and cut-ins; price and inventory audits; stock replenishment and rotation services; out of stock management; promotional event setup; and display management, as well as category management and set up services comprising category and product resets; planogram maintenance; display and shelf services; and point of purchase installation and management.