Spok Holdings, Inc. (NASDAQ:SPOK – Get Free Report) crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $11.30 and traded as high as $11.79. Spok shares last traded at $11.78, with a volume of 625,477 shares.
Spok News Roundup
Here are the key news stories impacting Spok this week:
- Positive Sentiment: Quarterly earnings substantially exceeded expectations. Spok reported third-quarter adjusted earnings of $0.46 per share, versus the analyst consensus of $0.16. Net income was $9.7 million, supporting investor confidence in the company’s profitability. Spok Holdings Third-Quarter Earnings Results
- Positive Sentiment: Spok reiterated its full-year 2026 earnings guidance and expects to exit the year with approximately $28 million to $32 million in cash. Maintaining its outlook and projected cash balance provides reassurance about operating stability and the company’s ability to support shareholder returns. Spok Cash Outlook and Guidance
- Positive Sentiment: The company declared a quarterly dividend of $0.3125 per share, or $1.25 annualized. The dividend reinforces Spok’s appeal to income-oriented investors, although shareholders must own the stock before the November 18 ex-dividend date to receive the payment scheduled for December 9. Spok Dividend and Net Income Report
- Neutral Sentiment: Revenue was weaker than expected. Third-quarter revenue totaled $33.0 million, below the $34.7 million consensus estimate. The earnings beat appears to have been driven more by profitability and expense performance than by top-line growth. Spok Reports Third-Quarter 2026 Results
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on SPOK. Weiss Ratings raised shares of Spok from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, October 23rd. Wall Street Zen raised shares of Spok from a “sell” rating to a “hold” rating in a report on Sunday, July 5th. Two equities research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $14.00.
Spok Stock Performance
The business has a 50-day moving average of $10.60 and a 200 day moving average of $11.30. The stock has a market cap of $246.44 million, a PE ratio of 13.24 and a beta of 0.47.
Spok (NASDAQ:SPOK – Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The Wireless communications provider reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.30. Spok had a net margin of 13.88% and a return on equity of 13.17%. The business had revenue of $33.00 million for the quarter, compared to the consensus estimate of $34.70 million.
Spok Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 9th. Shareholders of record on Wednesday, November 18th will be issued a $0.3125 dividend. The ex-dividend date is Wednesday, November 18th. This represents a $1.25 annualized dividend and a yield of 10.6%. Spok’s payout ratio is 215.52%.
Insider Activity at Spok
In other news, Director Christine Cournoyer sold 8,320 shares of the stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $11.28, for a total transaction of $93,849.60. Following the transaction, the director directly owned 16,261 shares in the company, valued at $183,424.08. This represents a 33.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 7.28% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Spok
Several institutional investors and hedge funds have recently bought and sold shares of SPOK. Renaissance Technologies LLC raised its stake in Spok by 1.2% during the first quarter. Renaissance Technologies LLC now owns 1,261,579 shares of the Wireless communications provider’s stock worth $13,751,000 after purchasing an additional 15,000 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Spok by 1.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 715,869 shares of the Wireless communications provider’s stock valued at $7,804,000 after buying an additional 12,043 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of Spok during the 2nd quarter valued at $2,397,000. Hsbc Holdings PLC grew its stake in shares of Spok by 11.6% during the 4th quarter. Hsbc Holdings PLC now owns 60,331 shares of the Wireless communications provider’s stock valued at $797,000 after buying an additional 6,262 shares during the period. Finally, Keebeck Wealth Management increased its holdings in shares of Spok by 25.0% during the 1st quarter. Keebeck Wealth Management now owns 50,000 shares of the Wireless communications provider’s stock worth $545,000 after buying an additional 10,000 shares during the last quarter. Institutional investors and hedge funds own 50.81% of the company’s stock.
Spok Company Profile
Spok Holdings, Inc is a healthcare communications technology company that provides software and services designed to help healthcare organizations manage critical information and coordinate clinical workflows. Its customers include hospitals, health systems, integrated delivery networks, government agencies and other organizations that require reliable communication for patient care and operational activities.
The company’s offerings include secure messaging, clinical alerting, on-call scheduling, smartphone and mobile communications, operator console and contact-center capabilities, and workflow automation.
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