SGRPOTCServices-Business Services, NECFiscal year ends December 31
SPAR Group, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$0.65+0.00 (0.00%)
Close on Oct 19, 2026
- Market cap
- $17.06M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
8.1%
2M of 28M shares
Institutional holders
18
3 new, 2 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
2 buys · 2 sales
Net bought $84.32K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| ReposiTrak, Inc. | 8,900,406 | 31.40% | 13D (active) | Jul 1, 2026 |
| Brown Robert G/ | 5,316,903 | 18.70% | 13D (active) amendment | Oct 7, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of SGRP | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Nantahala Capital Management, LLC | 1,321,376 | 4.65% | $1.09M | +660,688 | 0.02% |
| Vanguard Capital Management LLC | 504,195 | 1.78% | $416.47K | – | 0.00% |
| Geode Capital Management, LLC | 115,849 | 0.41% | $95.76K | −9,293 | 0.00% |
| RBF Capital, LLC | 97,296 | 0.34% | $80.40K | – | 0.00% |
| Renaissance Technologies LLC | 76,941 | 0.27% | $63.58K | −48,367 | 0.00% |
| Vanguard Fiduciary Trust Co | 51,488 | 0.18% | $42.53K | – | 0.00% |
| Citadel Advisors LLC | 38,154 | 0.13% | $31.53K | −21,892 | 0.00% |
| Northern Trust Corp | 31,973 | 0.11% | $26.42K | +11,793 | 0.00% |
| Css LLC/Il | 24,422 | 0.09% | $20.18K | – | 0.00% |
| State Street Corp | 20,592 | 0.07% | $17.02K | – | 0.00% |
| XTX Topco Ltd | 18,109 | 0.06% | $14.96K | +2,507 | 0.00% |
| Osaic Holdings, Inc. | 2,335 | 0.01% | $1.93K | −10 | 0.00% |
| Tower Research Capital LLC (TRC) | 754 | 0.00% | $623 | −232 | 0.00% |
| Barclays PLC | 213 | 0.00% | $176 | New | 0.00% |
| Farther Finance Advisors, LLC | 100 | 0.00% | $83 | New | 0.00% |
| FMR LLC | 81 | 0.00% | $67 | New | 0.00% |
| Royal Bank of Canada | 31 | 0.00% | $0 | – | 0.00% |
| UBS Group AG | 2 | 0.00% | $2 | −868 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 18 | 2M | 8.1% | 3 / 3 | 6 / 2 | 1M | 0M |
| Q1 2026 | 17 | 2M | 6.2% | 4 / 3 | 6 / 3 | 1M | 0M |
| Q4 2025 | 17 | 2M | 6.5% | 2 / 5 | 5 / 7 | 0M | 0M |
| Q3 2025 | 22 | 2M | 6.5% | 5 / 2 | 9 / 3 | 0M | 0M |
| Q2 2025 | 20 | 2M | 7.5% | 2 / 4 | 5 / 6 | 0M | 1M |
| Q1 2025 | 24 | 3M | 9.2% | 2 / 2 | 13 / 2 | 0M | 1M |
| Q4 2024 | 24 | 3M | 11.6% | 4 / 9 | 4 / 8 | 0M | 1M |
| Q3 2024 | 28 | 4M | 14.3% | 10 / 9 | 5 / 7 | 2M | 1M |
| Q2 2024 | 26 | 3M | 11.7% | 14 / 9 | 3 / 1 | 1M | 0M |
| Q1 2024 | 13 | 2M | 8.1% | 2 / 5 | 3 / 3 | 0M | 1M |
| Q4 2023 | 14 | 3M | 11.0% | 1 / 8 | 3 / 1 | 1M | 0M |
| Q3 2023 | 14 | 2M | 8.0% | 2 / 4 | 4 / 1 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of SGRP | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 361,304 | 1.27% | $298.55K | 0.00% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 142,891 | 0.50% | $118.07K | 0.00% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 52,362 | 0.18% | $37.93K | 0.00% | May 31, 2026 |
| Fidelity Total Market Index Fund | 25,542 | 0.09% | $18.50K | 0.00% | May 31, 2026 |
| Fidelity Series Total Market Index Fund | 20,193 | 0.07% | $14.63K | 0.00% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| William Linnane | Chief Executive Officer, Director | 390,909 | 1.38% | Sep 22, 2026 |
| Mike R. Matacunas | Chief Executive Officer, Director | 263,120 | 0.93% | Sep 9, 2025 |
| Steven Michael Hennen | Chief Financial Officer | 133,000 | 0.47% | May 5, 2026 |
| Panagiotis Nikolaos Lazaretos | Director | – | – | Nov 26, 2025 |
| Timothy Patrick Cook | Director | – | – | Sep 29, 2025 |
| Robert G/ Brown | 10% owner | 6,280,583 | 22.12% | Jul 31, 2026 |
| ReposiTrak, Inc. | 10% owner | 8,900,406 | 31.34% | Jul 23, 2026 |
| Williams H. Bartels | 10% owner | 0 | – | Jul 16, 2026 |
| Business Services Inc SPAR | – | 992,549 | 3.50% | Jan 30, 2025 |
| Highwire Capital, LLC | 10% owner | – | – | Nov 26, 2024 |
| Benjamin D. Hudson | 10% owner | – | – | Nov 26, 2024 |
| Robert Anthony Wilson | 10% owner | – | – | Nov 26, 2024 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| William Linnane Chief Executive Officer, Director | Sep 17, 2026 | Award | +200,000 | – | – | 390,909 |
| Robert G/ Brown 10% owner | Jul 30, 2026 | Gift | −135,000 | – | – | 2,742,389 |
| Williams H. Bartels 10% owner | Jul 1, 2026 | Sale | −4,709,837 | – | – | 0 |
| Robert G/ Brown 10% owner | Jun 24, 2026 | Gift | −4,000 | – | – | 2,877,389 |
| Robert G/ Brown 10% owner | Jun 11, 2026 | Sale | −10,000 | $0.85 | $8.50K | 2,881,389 |
| Steven Michael Hennen Chief Financial Officer | May 1, 2026 | Buy | +78,000 | $0.64 | $49.92K | 133,000 |
| Robert G/ Brown 10% owner | Mar 10, 2026 | Gift | −100 | – | – | 2,891,389 |
| Robert G/ Brown 10% owner | Mar 10, 2026 | Gift | −100 | – | – | 2,891,389 |
| Steven Michael Hennen Chief Financial Officer | Dec 19, 2025 | Buy | +55,000 | $0.78 | $42.90K | 55,000 |
| William Linnane President | Oct 3, 2025 | Buy | +173,000 | $1.02 | $176.46K | 190,909 |
| Robert G/ Brown 10% owner | Sep 25, 2025 | Other | −454,355 | – | – | 538,194 |
| Robert G/ Brown 10% owner | Sep 25, 2025 | Sale | −10,000 | $1.07 | $10.70K | 2,891,489 |
| Robert G/ Brown 10% owner | Sep 25, 2025 | Other | +454,355 | – | – | 2,901,489 |
| Mike R. Matacunas Chief Executive Officer, Director | Sep 2, 2025 | Option exercise | +96,154 | – | – | 263,120 |
| Mike R. Matacunas Chief Executive Officer, Director | Sep 2, 2025 | Option exercise | −28,915 | $1.17 | $33.83K | 234,205 |
| Williams H. Bartels Director, 10% owner | Jun 24, 2025 | Other | +600,000 | – | – | 4,709,837 |
| Mike R. Matacunas Chief Executive Officer, Director | May 15, 2025 | Option exercise | +40,051 | – | – | 166,966 |
| Robert G/ Brown 10% owner | May 12, 2025 | Sale | −6,000 | $1.05 | $6.30K | 2,447,134 |
| Robert G/ Brown 10% owner | Apr 21, 2025 | Buy | +1,000 | $1.09 | $1.09K | 2,453,134 |
| Robert G/ Brown 10% owner | Apr 15, 2025 | Buy | +5,000 | $1.10 | $5.50K | 2,452,134 |
| Robert G/ Brown 10% owner | Jan 28, 2025 | Sale | −2,141 | $1.98 | $4.24K | 2,453,993 |
| Business Services Inc SPAR – | Jan 28, 2025 | Sale | −1,000 | $1.97 | $1.97K | 992,549 |
| Robert G/ Brown 10% owner | Jan 24, 2025 | Sale | −862 | $1.98 | $1.71K | 2,447,134 |
| Robert G/ Brown 10% owner | Jan 23, 2025 | Sale | −5,997 | $1.98 | $11.87K | 2,447,996 |
| Robert G/ Brown 10% owner | Jan 23, 2025 | Sale | −244 | $1.98 | $483 | 2,456,134 |
| Business Services Inc SPAR – | Jan 22, 2025 | Sale | −142 | $1.92 | $273 | 1,009,105 |
| Business Services Inc SPAR – | Jan 22, 2025 | Sale | −15,456 | $1.90 | $29.37K | 993,549 |
| Business Services Inc SPAR – | Jan 22, 2025 | Sale | −100 | $1.91 | $191 | 1,009,005 |
| Business Services Inc SPAR – | Jan 21, 2025 | Sale | −1,901 | $1.86 | $3.54K | 1,024,248 |
| Business Services Inc SPAR – | Jan 21, 2025 | Sale | −15,001 | $1.85 | $27.75K | 1,009,247 |
| Business Services Inc SPAR – | Jan 16, 2025 | Sale | −9,361 | $1.85 | $17.32K | 1,026,149 |
| Business Services Inc SPAR – | Jan 6, 2025 | Sale | −28 | $1.95 | $55 | 1,035,510 |
| Robert G/ Brown 10% owner | Jan 2, 2025 | Sale | −11,000 | $1.92 | $21.12K | 2,456,378 |
| Robert G/ Brown 10% owner | Dec 21, 2024 | Sale | −9,000 | $1.92 | $17.28K | 2,467,378 |
| Williams H. Bartels Director, 10% owner | Nov 13, 2024 | Gift | −600,000 | – | – | 4,109,837 |
| Robert G/ Brown 10% owner | Oct 28, 2024 | Sale | −21,221 | $2.45 | $51.99K | 2,476,378 |
| Robert G/ Brown 10% owner | Oct 25, 2024 | Sale | −10,000 | $2.44 | $24.40K | 2,497,599 |
| Robert G/ Brown 10% owner | Oct 25, 2024 | Sale | −12,574 | $2.46 | $30.93K | 2,507,599 |
| Robert G/ Brown 10% owner | Oct 24, 2024 | Sale | −3,839 | $2.42 | $9.29K | 2,520,173 |
| Robert G/ Brown 10% owner | Oct 23, 2024 | Sale | −600 | $2.42 | $1.45K | 2,524,012 |
| Robert G/ Brown 10% owner | Oct 22, 2024 | Sale | −43,834 | $2.42 | $106.08K | 2,524,612 |
| Robert G/ Brown 10% owner | Oct 18, 2024 | Sale | −162,454 | $2.40 | $389.89K | 2,568,446 |
| Robert G/ Brown 10% owner | Oct 17, 2024 | Sale | −799 | $2.42 | $1.93K | 2,732,800 |
| Robert G/ Brown 10% owner | Oct 17, 2024 | Sale | −1,900 | $2.42 | $4.60K | 2,730,900 |
| Robert G/ Brown 10% owner | Oct 16, 2024 | Sale | −800 | $2.42 | $1.94K | 2,733,599 |
| Robert G/ Brown 10% owner | Oct 14, 2024 | Sale | −2,100 | $2.42 | $5.08K | 2,734,399 |
| Robert G/ Brown 10% owner | Oct 11, 2024 | Sale | −300 | $2.43 | $729 | 2,736,499 |
| Business Services Inc SPAR – | Oct 10, 2024 | Sale | −9,442 | $2.43 | $22.94K | 1,035,538 |
| Robert G/ Brown 10% owner | Oct 10, 2024 | Sale | −94,900 | $2.43 | $230.61K | 2,736,799 |
| Robert G/ Brown 10% owner | Oct 9, 2024 | Sale | −4,318 | $2.43 | $10.49K | 2,831,699 |
| Business Services Inc SPAR – | Oct 9, 2024 | Sale | −20,558 | $2.43 | $49.96K | 1,044,980 |
| Robert G/ Brown 10% owner | Oct 8, 2024 | Sale | −1,975 | $2.43 | $4.80K | 3,086,017 |
| Kori Belzer Global Chief Operating Officer | Aug 12, 2024 | Option exercise | +5,421 | – | – | 33,222 |
| Business Services Inc SPAR – | Jul 26, 2024 | Sale | −194 | $2.03 | $394 | 1,065,538 |
| Business Services Inc SPAR – | Jul 26, 2024 | Sale | −14,488 | $2.00 | $28.98K | 1,100,067 |
| Business Services Inc SPAR – | Jul 26, 2024 | Sale | −32,733 | $2.01 | $65.79K | 1,067,334 |
| Business Services Inc SPAR – | Jul 26, 2024 | Sale | −1,602 | $2.02 | $3.24K | 1,065,732 |
| Business Services Inc SPAR – | Jul 25, 2024 | Sale | −22 | $2.04 | $45 | 1,114,555 |
| Business Services Inc SPAR – | Jul 23, 2024 | Sale | −11,455 | $2.05 | $23.48K | 1,114,577 |
| Robert G/ Brown 10% owner | Jul 22, 2024 | Sale | −270 | $2.05 | $554 | 3,137,992 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Robert G/ Brown 10% Stockholder | Jan 3, 2025 | 191,301 | $191.30K | Jan 3, 2025 | Stock Award |
| Robert G/ Brown 10% Stockholder | Jan 3, 2025 | 380,000 | $714.40K | Jan 3, 2025 | Payment for services rendered |
| Robert G/ Brown Trustee | Oct 28, 2024 | 10,000 | $900.62K | Oct 28, 2024 | Private Placement |
| Robert G/ Brown 10% Stockholder | Oct 8, 2024 | 30,000 | $73.50K | Oct 8, 2024 | Stock Award |
| Robert G/ Brown 10% Stockholder | Oct 8, 2024 | 527,667 | $1.29M | Oct 8, 2024 | Stock Award |
| Robert G/ Brown 10% Stockholder | Jul 25, 2024 | 49,017 | $98.03K | Jul 25, 2024 | Stock Award |
| Robert G/ Brown 10% Stockholder | Jul 24, 2024 | 22 | $44 | Jul 24, 2024 | Stock Award |
| Robert G/ Brown 10% Stockholder | Jul 22, 2024 | 10,531 | $21.48K | Jul 22, 2024 | Stock Award |
| Robert G/ Brown 10% Stockholder | Jul 19, 2024 | 2,922 | $6.14K | Jul 19, 2024 | Stock Award |
| Robert G/ Brown 10% Stockholder | Jul 17, 2024 | 29,529 | $63.19K | Jul 17, 2024 | Stock Award |
| Robert G/ Brown 10% Stockholder | Jul 11, 2024 | 258 | $568 | Jul 11, 2024 | Stock Award |
| Robert G/ Brown 10% Stockholder | Jul 9, 2024 | 106,527 | $234.36K | Jul 9, 2024 | Stock Award |
| Robert G/ Brown 10% Stockholder | Jun 6, 2024 | 15,201 | $40.13K | Jun 6, 2024 | Open Market Purchase |