Spark Networks Inc (LOV) Files Form 4 Insider Buying : Lloyd I Iii Miller Buys 158,898 Shares

Spark Networks Inc (LOV): Lloyd I Iii Miller , 10% owner of Spark Networks Inc purchased 158,898 shares on May 12, 2016. The Insider buying transaction was reported by the company on May 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $2.20 per share for a total value of $349,575.59 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 29, 2016, Lloyd I Iii Miller (10% owner) purchased 3,139 shares at $3.20 per share price.On Oct 28, 2015, Gregory J Franchina (Chief Information Officer) sold 462 shares at $3.45 per share price.Also, On Aug 20, 2015, Michael S Egan (CEO) purchased 10,000 shares at $3.15 per share price.On Aug 18, 2015, Robert O’hare (CFO) purchased 19,000 shares at $3.12 per share price.

Spark Networks Inc: On Tuesday, May 10, 2016 heightened volatility was witnessed in Spark Networks Inc which led to swings in the share price. The shares opened for trading at $2.365 and hit $2.42 on the upside , eventually ending the session at $2.42, with a gain of 0.83% or 0.02 points. The heightened volatility saw the trading volume jump to 12,213 shares. The 52-week high of the share price is $4.14 and the company has a market cap of $63 M . The 52-week low of the share price is at $2.09.

Spark Networks Inc Money Flow Index Chart

Spark Networks Inc. (Spark) is engaged in creating brands and communities that help individuals make life-long relationships with others that share their interests and values. The Company operates in four segments: Jewish Networks which consists of and their respective co-branded Web sites; Christian Networks which consists of and; Other Networks which consists of and related other general market Web sites as well as other properties which are composed of sites focused towards various religious ethnic geographic and special interest groups and Offline & Other Businesses which consists of revenue generated from offline activities and HurryDate events and subscriptions.

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