Insider Selling: Leaf Group Ltd. (NASDAQ:LEAF) CEO Sells 4,000 Shares of Stock

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Leaf Group Ltd. (NASDAQ:LEAF) CEO Sean P. Moriarty sold 4,000 shares of the firm’s stock in a transaction on Thursday, June 20th. The stock was sold at an average price of $7.04, for a total value of $28,160.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

NASDAQ:LEAF opened at $7.11 on Monday. Leaf Group Ltd. has a 12-month low of $6.53 and a 12-month high of $12.05.

Leaf Group (NASDAQ:LEAF) last posted its quarterly earnings results on Wednesday, May 8th. The company reported ($0.40) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.22) by ($0.18). The firm had revenue of $34.04 million during the quarter.

Hedge funds have recently bought and sold shares of the business. PenderFund Capital Management Ltd. acquired a new stake in shares of Leaf Group in the 1st quarter valued at about $5,572,000. State Board of Administration of Florida Retirement System bought a new stake in shares of Leaf Group during the first quarter worth approximately $144,000. Emerald Mutual Fund Advisers Trust bought a new stake in shares of Leaf Group during the first quarter worth approximately $5,855,000. MorganRosel Wealth Management LLC bought a new stake in shares of Leaf Group during the first quarter worth approximately $1,086,000. Finally, Spectrum Equity Management Inc. bought a new stake in shares of Leaf Group during the first quarter worth approximately $22,220,000.

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.

Further Reading: How is the Producer Price Index calculated?

Insider Buying and Selling by Quarter for Leaf Group (NASDAQ:LEAF)

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