First Manhattan Co. boosted its position in shares of Spark Networks SE (NYSEAMERICAN:LOV) by 197.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 225,170 shares of the technology company’s stock after buying an additional 149,420 shares during the quarter. First Manhattan Co. owned 6.99% of Spark Networks worth $2,566,000 as of its most recent filing with the Securities & Exchange Commission.
Separately, PEAK6 Investments L.P. lifted its position in shares of Spark Networks by 7.4% during the second quarter. PEAK6 Investments L.P. now owns 478,119 shares of the technology company’s stock worth $5,145,000 after purchasing an additional 32,934 shares during the last quarter.
Separately, Zacks Investment Research upgraded Spark Networks from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a research report on Wednesday, July 11th.
Spark Networks Profile
Spark Networks SE operates online dating sites and mobile applications. It focuses on catering professionals and highly educated singles with serious relationship intentions in North America and other international markets. The company operates its dating platforms under the EliteSingles, SilverSingles, JDate, Christian Mingle, eDarling, JSwipe, and Attractive World brands.
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