Positive News Coverage Somewhat Unlikely to Affect Leaf Group (LFGR) Share Price

Media headlines about Leaf Group (NYSE:LFGR) have trended positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Leaf Group earned a media sentiment score of 0.47 on Accern’s scale. Accern also assigned news stories about the technology company an impact score of 45.956716087758 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:

NYSE:LFGR traded down $0.10 during mid-day trading on Thursday, hitting $9.85. 1,265 shares of the company traded hands, compared to its average volume of 66,936. Leaf Group has a one year low of $6.35 and a one year high of $10.35.

Leaf Group (NYSE:LFGR) last released its quarterly earnings results on Tuesday, May 8th. The technology company reported ($0.26) earnings per share (EPS) for the quarter. Leaf Group had a negative net margin of 19.96% and a negative return on equity of 39.95%. The company had revenue of $33.75 million for the quarter.

Several research firms have issued reports on LFGR. ValuEngine raised Leaf Group from a “hold” rating to a “buy” rating in a report on Wednesday, June 6th. Zacks Investment Research lowered Leaf Group from a “hold” rating to a “sell” rating in a report on Saturday, March 3rd. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. Leaf Group currently has an average rating of “Buy” and a consensus price target of $10.06.

In other Leaf Group news, CEO Sean P. Moriarty sold 15,405 shares of the business’s stock in a transaction dated Wednesday, June 13th. The stock was sold at an average price of $10.09, for a total transaction of $155,436.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold 37,275 shares of company stock valued at $343,966 in the last three months. 22.50% of the stock is currently owned by corporate insiders.

Leaf Group Company Profile

Leaf Group Ltd., together with its subsidiaries, operates as a diversified consumer Internet company worldwide. The company operates in two segments, Marketplaces and Media. The Marketplaces segment offers Society6.com, which provides artists with an online commerce platform to feature and sell their original art and designs on consumer products in the home décor, accessories, and apparel categories; and Deny Designs, an artist-driven home décor brand.

Insider Buying and Selling by Quarter for Leaf Group (NYSE:LFGR)

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