Robert G Brown sells $51,991 in SPAR Group stock as company faces revenue decline

Robert G. Brown, a 10% owner of SPAR Group, sold 21,221 shares of the company on October 30 for about $51,991, according to a recent SEC filing. Following the sale, SPAR Group's stock remained unchanged at $2.43. SPAR Group, which provides marketing services globally, has reported a revenue decline of approximately 13.11% over the last three months. This drop indicates challenges in maintaining earnings compared to industry peers. The company has a low gross margin of 19.19% and a higher-than-average debt-to-equity ratio of 0.73, suggesting financial risks. Despite these challenges, SPAR Group's stock is valued attractively with a P/E ratio of 4.55, potentially appealing to value investors.