Spartan Motors Inc (NASDAQ:SPAR) Institutional Investors 2017 Q4 Sentiment

May 22, 2018 - By Stephen Andrade

Spartan Motors, Inc. (NASDAQ:SPAR) Logo

Sentiment for Spartan Motors Inc (NASDAQ:SPAR)

Spartan Motors Inc (NASDAQ:SPAR) institutional sentiment increased to 1.18 in Q4 2017. Its up 0.33, from 0.85 in 2017Q3. The ratio is more positive, as 60 institutional investors opened new and increased positions, while 51 sold and decreased their positions in Spartan Motors Inc. The institutional investors in our partner’s database now possess: 22.44 million shares, down from 22.47 million shares in 2017Q3. Also, the number of institutional investors holding Spartan Motors Inc in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 5 Reduced: 46 Increased: 27 New Position: 33.

Spartan Motors, Inc., through its subsidiaries, engineers, makes, and sells heavy-duty and custom vehicles in the United States, Canada, South America, and Asia. The company has market cap of $582.35 million. It operates through three divisions: Emergency Response Vehicles, Fleet Vehicles and Services, and Specialty Chassis and Vehicles. It has a 36.18 P/E ratio. The Emergency Response Vehicles segment offers emergency response chassis and vehicles, and aerial ladder components, as well as aftermarket repair parts and accessories under the Spartan ERV brand name.

The stock decreased 1.20% or $0.2 during the last trading session, reaching $16.5. About 70,562 shares traded. Spartan Motors, Inc. (NASDAQ:SPAR) has risen 125.83% since May 22, 2017 and is uptrending. It has outperformed by 114.28% the S&P500.

Analysts await Spartan Motors, Inc. (NASDAQ:SPAR) to report earnings on August, 1. They expect $0.12 earnings per share, up 71.43 % or $0.05 from last year’s $0.07 per share. SPAR’s profit will be $4.24M for 34.38 P/E if the $0.12 EPS becomes a reality. After $0.09 actual earnings per share reported by Spartan Motors, Inc. for the previous quarter, Wall Street now forecasts 33.33 % EPS growth.

Silver Capital Management Llc holds 3.01% of its portfolio in Spartan Motors, Inc. for 53,267 shares. Pacific Ridge Capital Partners Llc owns 401,716 shares or 1.67% of their US portfolio. Moreover, Zuckerman Investment Group Llc has 1.01% invested in the company for 255,258 shares. The Wisconsin-based Timpani Capital Management Llc has invested 0.75% in the stock. Eam Investors Llc, a California-based fund reported 349,421 shares.

Since January 1, 0001, it had 0 insider purchases, and 2 insider sales for $367,903 activity.

More recent Spartan Motors, Inc. (NASDAQ:SPAR) news were published by: Seekingalpha.com which released: “More on Spartan Motors’ Q1 beat” on May 03, 2018. Also Globenewswire.com published the news titled: “Research Report Identifies Spartan Motors, Cardiovascular, Stone Energy, Verisk Analytics, National Bank, and …” on April 24, 2018. Prnewswire.com‘s news article titled: “Spartan Motors Receives Grant for Job Creation and Long-term Investment in Ephrata, Pennsylvania Truck Body …” with publication date: May 17, 2018 was also an interesting one.

Spartan Motors, Inc. (NASDAQ:SPAR) Institutional Positions Chart

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