A Director at Spark Networks Plc (NYSE MKT: LOV) is Selling Shares

By Carrie Williams

Yesterday, a Director at Spark Networks Plc (NYSE MKT: LOV), Michael J. McConnell, sold shares of LOV for $23.44K.

This is McConnell’s first Sell trade following 11 Buy transactions. In addition to Michael J. McConnell, 5 other LOV executives reported Sell trades in the last month.

The company has a one year high of $4.14 and a one year low of $1.06. Currently, Spark Networks Plc has an average volume of 65.52K.

The insider sentiment on Spark Networks Plc has been positive according to 83 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Spark Networks, Inc. is a provider of online personals services. It provides online singles desktop and mobile web sites that enable adults to meet, participate in a community and form relationships with like-minded individuals. The company provides opportunity through many features on Web sites, such as profiles, onsite email centers, real-time chat rooms, instant messaging services and offline singles events. Spark Networks websites include JDate.com, Spark.com, LDSSingles.com, BlackSingles.com, SilverSingles.com and ChristianMingle.com. It operates through four segments: Jewish Networks, Christian Networks, Other Networks and Offline and Other Businesses. The Jewish Networks segment which consists of JDate.com, JDate.co.il, JDate.co.uk, JDate.fr, Cupid.co.il and private label web sites. The Christian Networks, which consists of ChristianMingle.com, ChristianMingle.co.uk, ChristianMingle.com.au, Believe.com, ChristianCards.net, DailyBibleVerse.com and Faith.com. Other Networks segment which consists of Spark.com and related other general market Web sites as well as other properties which are primarily composed of sites targeted towards various religious, ethnic, geographic and special interest groups. The Offline and Other Businesses, which consists of offline activities, HurryDate events and subscriptions and other web sites and businesses. Spark Networks was founded in 1997 and is headquartered in Beverly Hills, CA.