Calumet Specialty Products Partners, L.P. (CLMT) CFO David West Griffin Acquires 3,000 Shares

Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) CFO David West Griffin acquired 3,000 shares of Calumet Specialty Products Partners, L.P. stock in a transaction on Thursday, July 27th. The shares were bought at an average price of $5.14 per share, for a total transaction of $15,420.00. Following the purchase, the chief financial officer now owns 43,152 shares of the company’s stock, valued at $221,801.28. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink.

David West Griffin also recently made the following trade(s):

  • On Friday, August 4th, David West Griffin acquired 553 shares of Calumet Specialty Products Partners, L.P. stock. The shares were bought at an average price of $5.31 per share, for a total transaction of $2,936.43.
  • On Tuesday, August 1st, David West Griffin acquired 2,100 shares of Calumet Specialty Products Partners, L.P. stock. The shares were bought at an average price of $5.20 per share, for a total transaction of $10,920.00.
  • On Monday, July 31st, David West Griffin acquired 3,000 shares of Calumet Specialty Products Partners, L.P. stock. The shares were bought at an average price of $5.21 per share, for a total transaction of $15,630.00.
  • On Wednesday, August 2nd, David West Griffin acquired 8,100 shares of Calumet Specialty Products Partners, L.P. stock. The shares were bought at an average price of $5.19 per share, for a total transaction of $42,039.00.
  • On Wednesday, July 26th, David West Griffin acquired 3,000 shares of Calumet Specialty Products Partners, L.P. stock. The shares were bought at an average price of $5.34 per share, for a total transaction of $16,020.00.
  • On Friday, July 28th, David West Griffin acquired 6,100 shares of Calumet Specialty Products Partners, L.P. stock. The shares were bought at an average price of $5.24 per share, for a total transaction of $31,964.00.
  • On Tuesday, July 25th, David West Griffin acquired 3,783 shares of Calumet Specialty Products Partners, L.P. stock. The shares were bought at an average price of $5.02 per share, for a total transaction of $18,990.66.
  • On Thursday, July 20th, David West Griffin acquired 800 shares of Calumet Specialty Products Partners, L.P. stock. The shares were bought at an average price of $4.49 per share, for a total transaction of $3,592.00.
  • On Monday, July 17th, David West Griffin acquired 6,369 shares of Calumet Specialty Products Partners, L.P. stock. The shares were bought at an average price of $4.14 per share, for a total transaction of $26,367.66.
  • On Wednesday, July 12th, David West Griffin acquired 3,000 shares of Calumet Specialty Products Partners, L.P. stock. The shares were bought at an average price of $4.19 per share, for a total transaction of $12,570.00.

Calumet Specialty Products Partners, L.P. (CLMT) opened at 5.30 on Thursday. The company has a 50 day moving average price of $4.65 and a 200 day moving average price of $4.11. The firm’s market cap is $406.46 million. Calumet Specialty Products Partners, L.P. has a 1-year low of $2.79 and a 1-year high of $6.42.

Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) last released its earnings results on Friday, August 4th. The oil and gas company reported $0.12 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.46) by $0.58. Calumet Specialty Products Partners, L.P. had a negative net margin of 2.81% and a negative return on equity of 48.17%. The business had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $841 million. On average, equities research analysts forecast that Calumet Specialty Products Partners, L.P. will post ($0.85) earnings per share for the current year.

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Large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its stake in Calumet Specialty Products Partners, L.P. by 350.0% in the second quarter. JPMorgan Chase & Co. now owns 36,000 shares of the oil and gas company’s stock valued at $154,000 after buying an additional 28,000 shares during the last quarter. Adams Asset Advisors LLC boosted its stake in Calumet Specialty Products Partners, L.P. by 11.9% in the second quarter. Adams Asset Advisors LLC now owns 705,332 shares of the oil and gas company’s stock valued at $2,998,000 after buying an additional 74,732 shares during the last quarter. Sound Point Capital Management LP bought a new stake in Calumet Specialty Products Partners, L.P. during the first quarter valued at $2,844,000. Morgan Stanley boosted its stake in Calumet Specialty Products Partners, L.P. by 13.5% in the first quarter. Morgan Stanley now owns 704,438 shares of the oil and gas company’s stock valued at $2,677,000 after buying an additional 83,995 shares during the last quarter. Finally, Fifth Third Bancorp boosted its stake in Calumet Specialty Products Partners, L.P. by 5.0% in the first quarter. Fifth Third Bancorp now owns 31,800 shares of the oil and gas company’s stock valued at $121,000 after buying an additional 1,500 shares during the last quarter. Institutional investors and hedge funds own 11.29% of the company’s stock.

CLMT has been the topic of several recent analyst reports. Wells Fargo & Company upgraded Calumet Specialty Products Partners, L.P. from a “market perform” rating to an “outperform” rating and set a $6.00 price target on the stock in a research note on Wednesday, May 10th. Cowen and Company reiterated a “hold” rating and issued a $5.00 price target on shares of Calumet Specialty Products Partners, L.P. in a research note on Friday, July 14th. Zacks Investment Research cut Calumet Specialty Products Partners, L.P. from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 20th. Finally, BidaskClub cut Calumet Specialty Products Partners, L.P. from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. Calumet Specialty Products Partners, L.P. has a consensus rating of “Hold” and an average target price of $4.46.

Calumet Specialty Products Partners, L.P. Company Profile

Calumet Specialty Products Partners, L.P. is a producer of specialty hydrocarbon products in North America. The Company operates through three segments: specialty products, fuel products and oilfield services. In its specialty products segment, the Company processes crude oil and other feedstocks into a range of customized lubricating oils, white mineral oils, solvents, petrolatums and waxes.

Insider Buying and Selling by Quarter for Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT)

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