Spartan Motors Inc (NASDAQ:SPAR), saw an insider lower their positioning with the company today. President and Chief Executive Officer John E. Sztykiel sold 5,105 shares at an average price of $4.75 per share. Following the official filing of this transaction, Sztykiel now holds 571,615 shares directly while having 194,960.067 shares indirectly involved with the corporation.
Spartan Motors Inc (NASDAQ:SPAR) is a $162.12 million market cap engineer and manufacturer in the heavy-duty, custom vehicles marketplace. The Company is organized into two segments: Specialty Vehicles, which consists of the Company’s emergency response chassis, motor home chassis, specialty vehicle chassis, emergency response bodies and related aftermarket parts and assemblies operations, and Delivery and Service Vehicles, consisting of delivery and service vehicles.
Moreover, while there isn’t much outside involvement, one hedge fund does have substantial holdings with the company. John W. Rogers‘ Ariel Investments rose its activity by 9% last quarter, now holding 3,740,854 shares worth about $19.2 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.