Leaf Group Ltd. (NASDAQ:LEAF) CEO Sean P. Moriarty sold 4,000 shares of the stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $7.69, for a total transaction of $30,760.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
LEAF stock traded down $0.11 during trading on Friday, reaching $7.39. The company had a trading volume of 35,621 shares, compared to its average volume of 39,896. Leaf Group Ltd. has a 52 week low of $6.68 and a 52 week high of $12.05.
Leaf Group (NASDAQ:LEAF) last released its quarterly earnings results on Wednesday, May 8th. The company reported ($0.40) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.22) by ($0.18). The company had revenue of $34.04 million for the quarter.
A number of hedge funds have recently added to or reduced their stakes in the stock. Zebra Capital Management LLC bought a new position in Leaf Group in the first quarter worth about $149,000. Park West Asset Management LLC bought a new position in Leaf Group in the first quarter worth about $16,745,000. Morgan Stanley bought a new position in Leaf Group in the first quarter worth about $148,000. Oxford Asset Management LLP bought a new position in Leaf Group in the first quarter worth about $98,000. Finally, Marshall Wace LLP bought a new position in Leaf Group in the first quarter worth about $58,000.
TRADEMARK VIOLATION WARNING: “Insider Selling: Leaf Group Ltd. (LEAF) CEO Sells 4,000 Shares of Stock” was first published by Zolmax and is the sole property of of Zolmax. If you are reading this news story on another publication, it was copied illegally and reposted in violation of United States & international copyright and trademark laws. The legal version of this news story can be viewed at https://zolmax.com/investing/insider-selling-leaf-group-ltd-leaf-ceo-sells-4000-shares-of-stock/3095120.html.
Leaf Group Company Profile
Leaf Group Ltd., together with its subsidiaries, operates as a diversified consumer Internet company worldwide. The company operates in two segments, Marketplaces and Media. The Marketplaces segment offers Society6.com, which provides artists with an online commerce platform to feature and sell their original art and designs on consumer products in the home décor, accessories, and apparel categories; and Deny Designs, an artist-driven home décor brand.
Read More: Are FAANG stocks a good investment?
Receive News & Ratings for Leaf Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leaf Group and related companies with MarketBeat.com's FREE daily email newsletter.