Leaf Group Ltd (LFGR) CEO Sean P. Moriarty Sells 1,729 Shares

Leaf Group Ltd (NASDAQ:LFGR) CEO Sean P. Moriarty sold 1,729 shares of Leaf Group stock in a transaction on Monday, August 7th. The stock was sold at an average price of $7.37, for a total transaction of $12,742.73. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Sean P. Moriarty also recently made the following trade(s):

  • On Thursday, August 17th, Sean P. Moriarty sold 67,000 shares of Leaf Group stock. The stock was sold at an average price of $6.72, for a total transaction of $450,240.00.
  • On Thursday, July 6th, Sean P. Moriarty sold 1,729 shares of Leaf Group stock. The stock was sold at an average price of $7.60, for a total transaction of $13,140.40.

Shares of Leaf Group Ltd (NASDAQ:LFGR) opened at 6.95 on Friday. The stock has a 50 day moving average of $7.40 and a 200 day moving average of $7.79. Leaf Group Ltd has a 12-month low of $5.30 and a 12-month high of $9.35. The company’s market cap is $141.72 million.

Leaf Group (NASDAQ:LFGR) last announced its earnings results on Thursday, August 3rd. The company reported ($0.44) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.41) by $0.03. The business had revenue of $28.57 million for the quarter, compared to analysts’ expectations of $27.83 million. Leaf Group had a negative return on equity of 53.54% and a negative net margin of 36.78%. The business’s revenue was up 16.9% compared to the same quarter last year. Analysts forecast that Leaf Group Ltd will post ($1.75) earnings per share for the current year.

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A number of research firms recently commented on LFGR. B. Riley reaffirmed a “buy” rating and set a $10.50 price target on shares of Leaf Group in a research note on Wednesday, May 10th. Craig Hallum set a $12.00 price target on shares of Leaf Group and gave the stock a “buy” rating in a research note on Saturday, June 17th. Zacks Investment Research upgraded shares of Leaf Group from a “sell” rating to a “hold” rating in a report on Thursday, July 6th. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $9.00 price objective on shares of Leaf Group in a report on Friday, June 23rd. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Leaf Group currently has a consensus rating of “Buy” and an average target price of $10.04.

Several institutional investors have recently made changes to their positions in the company. California State Teachers Retirement System acquired a new position in shares of Leaf Group during the second quarter worth about $164,000. Teachers Advisors LLC acquired a new position in shares of Leaf Group during the second quarter worth about $168,000. Schwab Charles Investment Management Inc. acquired a new position in shares of Leaf Group during the second quarter worth about $234,000. TIAA CREF Investment Management LLC acquired a new position in shares of Leaf Group during the second quarter worth about $252,000. Finally, Bank of New York Mellon Corp raised its position in shares of Leaf Group by 308.8% in the second quarter. Bank of New York Mellon Corp now owns 42,587 shares of the company’s stock worth $333,000 after buying an additional 32,170 shares during the period.

Leaf Group Company Profile

Leaf Group Ltd., formerly Demand Media, Inc, is diversified Internet marketplaces and media company. The Company has online media properties and marketplace platforms that enable communities of creators to reach audiences in lifestyle categories. The Company operates an online studio platform for the professional creation and distribution of content, as well as two online artist marketplaces.

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