Spok (SPOK) to Release Quarterly Earnings on Wednesday

Spok (NASDAQ:SPOK) is scheduled to announce its earnings results after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Spok Trading Up 1.7 %

NASDAQ SPOK opened at $15.14 on Tuesday. The business has a fifty day simple moving average of $14.93 and a 200 day simple moving average of $15.06. Spok has a 12 month low of $13.24 and a 12 month high of $18.14. The firm has a market capitalization of $306.52 million, a P/E ratio of 18.24 and a beta of 0.33.

Analyst Ratings Changes

Several equities research analysts have commented on SPOK shares. StockNews.com upgraded shares of Spok from a “hold” rating to a “buy” rating in a research note on Friday. B. Riley began coverage on Spok in a research report on Thursday, September 26th. They issued a “neutral” rating and a $15.00 price objective on the stock.

Insider Buying and Selling

In other Spok news, CEO Vincent D. Kelly sold 45,000 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $14.83, for a total value of $667,350.00. Following the transaction, the chief executive officer now directly owns 201,645 shares in the company, valued at $2,990,395.35. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Spok news, COO Michael W. Wallace sold 25,000 shares of the company’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $14.80, for a total transaction of $370,000.00. Following the sale, the chief operating officer now directly owns 49,465 shares of the company’s stock, valued at $732,082. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Vincent D. Kelly sold 45,000 shares of Spok stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $14.83, for a total transaction of $667,350.00. Following the completion of the transaction, the chief executive officer now owns 201,645 shares of the company’s stock, valued at $2,990,395.35. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 11.88% of the stock is currently owned by corporate insiders.

Spok Company Profile

Spok Holdings, Inc, through its subsidiary, Spok, Inc, provides healthcare communication solutions in the United States, Europe, Canada, Australia, Asia, and the Middle East. The company's products and services enhance workflows for clinicians and support administrative compliance. It delivers clinical information to care teams when and where it matters to enhance patient outcomes; and provides GenA Pager, a one-way alphanumeric pager.