Institutional Investor’s Pro-Spartan Motors Inc (NASDAQ:SPAR) Sentiment In 2018 Q1

September 8, 2018 - By Lisa Delgado

Spartan Motors, Inc. (NASDAQ:SPAR) Logo

Sentiment for Spartan Motors Inc (NASDAQ:SPAR)

Spartan Motors Inc (NASDAQ:SPAR) institutional sentiment increased to 1.34 in 2018 Q1. Its up 0.16, from 1.18 in 2017Q4. The ratio is better, as 71 institutional investors increased and opened new positions, while 53 cut down and sold stakes in Spartan Motors Inc. The institutional investors in our partner’s database reported: 23.19 million shares, up from 22.44 million shares in 2017Q4. 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: 12 Reduced: 41 Increased: 33 New Position: 38.

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 $533.15 million. It operates through three divisions: Emergency Response Vehicles, Fleet Vehicles and Services, and Specialty Chassis and Vehicles. It has a 22.35 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 0.33% or $0.05 during the last trading session, reaching $15.15. About 115,223 shares traded. Spartan Motors, Inc. (NASDAQ:SPAR) has risen 89.41% since September 8, 2017 and is uptrending. It has outperformed by 76.84% the S&P500.

Analysts await Spartan Motors, Inc. (NASDAQ:SPAR) to report earnings on November, 7. They expect $0.27 EPS, up 28.57 % or $0.06 from last year’s $0.21 per share. SPAR’s profit will be $9.50M for 14.03 P/E if the $0.27 EPS becomes a reality. After $0.12 actual EPS reported by Spartan Motors, Inc. for the previous quarter, Wall Street now forecasts 125.00 % EPS growth.

Silver Capital Management Llc holds 2.61% of its portfolio in Spartan Motors, Inc. for 48,501 shares. Pacific Ridge Capital Partners Llc owns 400,556 shares or 1.85% of their US portfolio. Moreover, 12Th Street Asset Management Company Llc has 1.64% invested in the company for 404,024 shares. The Illinois-based Zuckerman Investment Group Llc has invested 1.6% in the stock. Summit Creek Advisors Llc, a Minnesota-based fund reported 317,954 shares.

Since January 1, 0001, it had 0 insider purchases, and 8 sales for $965,397 activity.

More news for Spartan Motors, Inc. (NASDAQ:SPAR) were recently published by:, which released: “Investor Expectations to Drive Momentum within FormFactor, Digi International, Acacia Research, Payment Data …” on August 24, 2018.‘s article titled: “54 Biggest Movers From Yesterday” and published on September 06, 2018 is yet another important article.

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

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