How Many Spartan Motors, Inc. (NASDAQ:SPAR)’s Analysts Are Bearish?

March 14, 2018 - By Migdalia James

 How Many Spartan Motors, Inc. (NASDAQ:SPAR)'s Analysts Are Bearish?
Investors sentiment decreased to 0.85 in 2017 Q3. Its down 0.30, from 1.15 in 2017Q2. It is negative, as 3 investors sold Spartan Motors, Inc. shares while 45 reduced holdings. 22 funds opened positions while 19 raised stakes. 22.47 million shares or 2.06% less from 22.94 million shares in 2017Q2 were reported.
Geode Capital Mngmt reported 288,004 shares stake. Timpani Management Lc owns 99,470 shares. Metropolitan Life Insur New York, a New York-based fund reported 25,460 shares. Silver Llc stated it has 124,109 shares. The California-based Fuller And Thaler Asset Management has invested 0.07% in Spartan Motors, Inc. (NASDAQ:SPAR). Credit Suisse Ag has invested 0% in Spartan Motors, Inc. (NASDAQ:SPAR). Legal General Group Inc Public Ltd holds 8,813 shares. Heartland Advsrs holds 0.5% in Spartan Motors, Inc. (NASDAQ:SPAR) or 700,000 shares. Cornerstone Capital Mgmt Limited Com holds 221,350 shares or 0.02% of its portfolio. 64,826 were reported by Jacobs Levy Equity Mgmt. Zacks Inv holds 0.03% of its portfolio in Spartan Motors, Inc. (NASDAQ:SPAR) for 119,046 shares. 11,874 were accumulated by Citigroup Incorporated. Eqis Inc has 0.01% invested in Spartan Motors, Inc. (NASDAQ:SPAR) for 18,354 shares. New York-based American Grp Inc has invested 0% in Spartan Motors, Inc. (NASDAQ:SPAR). Parkside Bank Trust reported 10,112 shares.

Since December 15, 2017, it had 0 buys, and 2 insider sales for $367,903 activity. Shares for $326,748 were sold by SLAWSON JOHN W on Friday, December 15.

Spartan Motors, Inc. (NASDAQ:SPAR) Ratings Coverage

Among 4 analysts covering Spartan Motors (NASDAQ:SPAR), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Spartan Motors had 9 analyst reports since August 6, 2015 according to SRatingsIntel. As per Wednesday, January 25, the company rating was initiated by TH Capital. As per Thursday, August 6, the company rating was upgraded by Zacks. The stock of Spartan Motors, Inc. (NASDAQ:SPAR) earned “Buy” rating by Craig Hallum on Tuesday, July 26. Zacks downgraded the shares of SPAR in report on Saturday, August 8 to “Buy” rating. The stock has “Buy” rating by Roth Capital on Tuesday, October 17. On Friday, November 6 the stock rating was downgraded by Seaport Global Securities to “Neutral”. As per Wednesday, January 25, the company rating was initiated by Roth Capital. On Tuesday, August 1 the stock rating was maintained by Roth Capital with “Buy”. Below is a list of Spartan Motors, Inc. (NASDAQ:SPAR) latest ratings and price target changes.

17/10/2017 Broker: Roth Capital Rating: Buy New Target: $20.0 Maintain
13/10/2017 Broker: Craig Hallum Rating: Buy New Target: $20.0

The stock increased 0.30% or $0.05 during the last trading session, reaching $16.9. About 119,652 shares traded. Spartan Motors, Inc. (NASDAQ:SPAR) has risen 45.41% since March 14, 2017 and is uptrending. It has outperformed by 28.71% the S&P500.

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 $593.02 million. It operates through three divisions: Emergency Response Vehicles, Fleet Vehicles and Services, and Specialty Chassis and Vehicles. It has a 37.06 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.

More notable recent Spartan Motors, Inc. (NASDAQ:SPAR) news were published by: which released: “Spartan Motors Highlights Supplier Excellence During Annual Conference” on March 13, 2018, also with their article: “Spartan Motors Conference Call and Webcast of Fourth Quarter and Full Year …” published on February 15, 2018, published: “Spartan Motors To Display Premiere Pumper Innovations On Emergency Response …” on March 05, 2018. More interesting news about Spartan Motors, Inc. (NASDAQ:SPAR) were released by: and their article: “Spartan Motors’ Utilimaster To Demonstrate Vocation-Specific Fleet Vehicle …” published on February 27, 2018 as well as‘s news article titled: “Spartan Motors up 5% on Q4 results” with publication date: March 01, 2018.

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