Botty Investors LLC lifted its position in shares of Spok Holdings Inc (NASDAQ:SPOK) by 33.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,805 shares of the Wireless communications provider’s stock after buying an additional 700 shares during the quarter. Botty Investors LLC’s holdings in Spok were worth $42,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. BNP Paribas Arbitrage SA lifted its stake in shares of Spok by 54,571.4% during the 1st quarter. BNP Paribas Arbitrage SA now owns 3,827 shares of the Wireless communications provider’s stock worth $52,000 after purchasing an additional 3,820 shares during the last quarter. Municipal Employees Retirement System of Michigan purchased a new stake in shares of Spok during the 4th quarter worth $74,000. Metropolitan Life Insurance Co. NY lifted its stake in shares of Spok by 523.4% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 7,169 shares of the Wireless communications provider’s stock worth $95,000 after purchasing an additional 6,019 shares during the last quarter. Menta Capital LLC lifted its stake in shares of Spok by 36.3% during the 1st quarter. Menta Capital LLC now owns 17,661 shares of the Wireless communications provider’s stock worth $241,000 after purchasing an additional 4,700 shares during the last quarter. Finally, Meeder Asset Management Inc. lifted its stake in shares of Spok by 33.1% during the 1st quarter. Meeder Asset Management Inc. now owns 18,695 shares of the Wireless communications provider’s stock worth $255,000 after purchasing an additional 4,649 shares during the last quarter. Hedge funds and other institutional investors own 80.31% of the company’s stock.
Shares of NASDAQ SPOK opened at $12.24 on Tuesday. Spok Holdings Inc has a 1-year low of $11.87 and a 1-year high of $17.25. The stock’s fifty day moving average is $14.64.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 10th. Investors of record on Friday, August 16th will be paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.08%. The ex-dividend date of this dividend is Thursday, August 15th.
In other Spok news, CEO Vincent D. Kelly sold 10,000 shares of the stock in a transaction dated Tuesday, June 4th. The stock was sold at an average price of $15.38, for a total value of $153,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Todd J. Stein sold 65,376 shares of the stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $15.84, for a total value of $1,035,555.84. Following the completion of the sale, the director now owns 2,973 shares of the company’s stock, valued at $47,092.32. The disclosure for this sale can be found here. Corporate insiders own 7.51% of the company’s stock.
Separately, BidaskClub cut Spok from a “sell” rating to a “strong sell” rating in a research note on Wednesday, July 24th.
Spok Holdings, Inc, through its subsidiary, Spok, Inc, provides various communications solutions to healthcare, government, and other enterprises in the United States, Europe, Canada, Australia, Asia, and the Middle East. The company provides one-way messaging, including numeric messaging services, which enable subscribers to receive messages comprising numbers, such as phone numbers; and alphanumeric messages, including numbers and letters that enable subscribers to receive text messages.
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