The President & CEO of Spark Energy (NASDAQ: SPKE) is Buying Shares

By Carrie Williams

Today, the President & CEO of Spark Energy (NASDAQ: SPKE), Nathan Kroeker, bought shares of SPKE for $2,634.

In addition to Nathan Kroeker, one other SPKE executive reported Buy trades in the last month.

The company has a one year high of $35.63 and a one year low of $17.05. Currently, Spark Energy has an average volume of 203.5K.

Three different firms, including FBR Capital and Janney Montgomery, currently also have a Buy rating on the stock.

The insider sentiment on Spark Energy has been positive according to 44 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Spark Energy, Inc. operates as a retail energy services company, which supplies electricity and natural gas. It operates through two segments: Retail Natural Gas Segment and Retail Electricity Segment. The Retail Natural Gas segment purchases natural gas supply through physical and financial transactions with market counterparts and supply natural gas to residential and commercial consumers pursuant to fixed-price, variable-price and flat rate contracts. The Retail Electricity segment supplies through physical and financial transactions with market counterparts and independent system operators and supply electricity to residential and commercial consumers pursuant to fixed-price and variable-price contracts. The company provides green energy solutions and offers renewable electricity and carbon neutral natural gas products. Spark Energy was founded in 1999 and is headquartered in Houston, TX.