BidaskClub lowered shares of Spok (NASDAQ:SPOK) from a sell rating to a strong sell rating in a research note released on Thursday.
Spok (NASDAQ:SPOK) opened at $15.80 on Thursday. Spok has a 52 week low of $14.45 and a 52 week high of $20.95. The firm has a market capitalization of $306.74, a P/E ratio of 35.11 and a beta of 0.61.
In other Spok news, insider Tom Saine sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $17.30, for a total value of $51,900.00. Following the completion of the transaction, the insider now directly owns 43,924 shares in the company, valued at approximately $759,885.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Vincent D. Kelly sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $17.27, for a total value of $86,350.00. The disclosure for this sale can be found here. Insiders sold a total of 13,000 shares of company stock valued at $225,300 over the last 90 days. 1.63% of the stock is currently owned by corporate insiders.
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Spok Company Profile
USA Mobility, Inc (USA Mobility) is a holding company, which operates through its indirect wholly owned subsidiary, USA Mobility Wireless, Inc The Company is a provider of wireless messaging, mobile voice and data and unified communications solutions in the United States. In addition, through its indirect wholly owned subsidiary, Amcom Software, Inc (Amcom), it provides mission critical unified communications solutions for contact centers, emergency management, mobile event notification and Smartphone messaging.
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