
Spok Holdings, Inc. (NASDAQ:SPOK - Free Report) - Analysts at B. Riley lifted their FY2025 earnings per share (EPS) estimates for Spok in a research note issued to investors on Wednesday, July 30th. B. Riley analyst A. Schock now expects that the Wireless communications provider will earn $0.86 per share for the year, up from their prior forecast of $0.82. B. Riley has a "Strong-Buy" rating on the stock. The consensus estimate for Spok's current full-year earnings is $0.76 per share. B. Riley also issued estimates for Spok's FY2026 earnings at $0.81 EPS.
Separately, Wall Street Zen upgraded Spok from a "buy" rating to a "strong-buy" rating in a research note on Saturday, May 10th.
Get Our Latest Stock Report on SPOK
Spok Stock Performance
NASDAQ SPOK traded up $0.07 on Friday, reaching $18.58. 386,940 shares of the stock traded hands, compared to its average volume of 126,668. The company has a market cap of $382.19 million, a price-to-earnings ratio of 22.39 and a beta of 0.57. Spok has a 12 month low of $13.55 and a 12 month high of $19.31. The company has a fifty day moving average price of $17.12 and a 200-day moving average price of $16.46.
Spok (NASDAQ:SPOK - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The Wireless communications provider reported $0.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.18 by $0.04. The company had revenue of $35.69 million during the quarter, compared to analysts' expectations of $35.00 million. Spok had a return on equity of 11.11% and a net margin of 12.12%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of SPOK. American Century Companies Inc. lifted its holdings in shares of Spok by 15.3% in the 4th quarter. American Century Companies Inc. now owns 29,927 shares of the Wireless communications provider's stock valued at $480,000 after purchasing an additional 3,978 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Spok by 7.6% during the 4th quarter. JPMorgan Chase & Co. now owns 213,575 shares of the Wireless communications provider's stock valued at $3,428,000 after acquiring an additional 15,156 shares during the last quarter. New Age Alpha Advisors LLC purchased a new stake in Spok during the 4th quarter valued at approximately $34,000. Geode Capital Management LLC raised its stake in Spok by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 514,427 shares of the Wireless communications provider's stock valued at $8,258,000 after acquiring an additional 6,591 shares during the last quarter. Finally, Trexquant Investment LP raised its stake in Spok by 49.8% during the 4th quarter. Trexquant Investment LP now owns 106,467 shares of the Wireless communications provider's stock valued at $1,709,000 after acquiring an additional 35,401 shares during the last quarter. 50.81% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Spok
In related news, COO Michael W. Wallace sold 6,000 shares of Spok stock in a transaction that occurred on Wednesday, May 7th. The stock was sold at an average price of $16.53, for a total transaction of $99,180.00. Following the transaction, the chief operating officer owned 61,175 shares in the company, valued at approximately $1,011,222.75. This trade represents a 8.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Vincent D. Kelly sold 30,000 shares of Spok stock in a transaction on Tuesday, May 6th. The shares were sold at an average price of $16.40, for a total value of $492,000.00. Following the completion of the sale, the chief executive officer owned 157,817 shares in the company, valued at $2,588,198.80. This represents a 15.97% decrease in their position. The disclosure for this sale can be found here. 7.37% of the stock is currently owned by company insiders.
Spok Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 9th. Shareholders of record on Tuesday, August 19th will be issued a $0.3125 dividend. This represents a $1.25 annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend is Tuesday, August 19th. Spok's dividend payout ratio (DPR) is presently 150.60%.
About Spok
(
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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.
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