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

Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) CFO David West Griffin acquired 3,000 shares of the company’s stock in a transaction that occurred on Monday, June 26th. The stock was purchased at an average cost of $4.07 per share, with a total value of $12,210.00. Following the acquisition, the chief financial officer now directly owns 3,000 shares of the company’s stock, valued at approximately $12,210. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

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

  • On Thursday, July 27th, David West Griffin purchased 3,000 shares of Calumet Specialty Products Partners, L.P. stock. The shares were acquired at an average cost of $5.14 per share, for a total transaction of $15,420.00.
  • On Wednesday, July 26th, David West Griffin purchased 3,000 shares of Calumet Specialty Products Partners, L.P. stock. The shares were acquired at an average cost of $5.34 per share, for a total transaction of $16,020.00.
  • On Friday, July 28th, David West Griffin purchased 6,100 shares of Calumet Specialty Products Partners, L.P. stock. The shares were acquired at an average cost of $5.24 per share, for a total transaction of $31,964.00.
  • On Tuesday, July 25th, David West Griffin purchased 3,783 shares of Calumet Specialty Products Partners, L.P. stock. The shares were acquired at an average cost of $5.02 per share, for a total transaction of $18,990.66.
  • On Thursday, July 20th, David West Griffin purchased 800 shares of Calumet Specialty Products Partners, L.P. stock. The shares were acquired at an average cost of $4.49 per share, for a total transaction of $3,592.00.
  • On Monday, July 17th, David West Griffin purchased 6,369 shares of Calumet Specialty Products Partners, L.P. stock. The shares were acquired at an average cost of $4.14 per share, for a total transaction of $26,367.66.
  • On Wednesday, July 12th, David West Griffin bought 3,000 shares of Calumet Specialty Products Partners, L.P. stock. The stock was purchased at an average cost of $4.19 per share, for a total transaction of $12,570.00.
  • On Tuesday, July 11th, David West Griffin bought 300 shares of Calumet Specialty Products Partners, L.P. stock. The stock was purchased at an average cost of $4.15 per share, for a total transaction of $1,245.00.
  • On Monday, July 10th, David West Griffin bought 300 shares of Calumet Specialty Products Partners, L.P. stock. The stock was purchased at an average cost of $4.03 per share, for a total transaction of $1,209.00.
  • On Thursday, July 6th, David West Griffin bought 3,000 shares of Calumet Specialty Products Partners, L.P. stock. The stock was purchased at an average cost of $4.17 per share, for a total transaction of $12,510.00.

Calumet Specialty Products Partners, L.P. (CLMT) traded up 0.96% during mid-day trading on Friday, reaching $5.25. The company’s stock had a trading volume of 275,140 shares. Calumet Specialty Products Partners, L.P. has a 1-year low of $5.20 and a 1-year high of $5.36. The firm has a 50-day moving average of $4.41 and a 200 day moving average of $4.06.

Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) last announced its quarterly earnings data on Thursday, May 4th. The oil and gas company reported ($0.08) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.68) by $0.60. The firm had revenue of $937.40 million during the quarter, compared to the consensus estimate of $1.02 billion. Calumet Specialty Products Partners, L.P. had a negative return on equity of 65.80% and a negative net margin of 6.97%. On average, equities research analysts predict that Calumet Specialty Products Partners, L.P. will post ($1.22) EPS for the current fiscal year.

TRADEMARK VIOLATION WARNING: “Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) CFO David West Griffin Purchases 3,000 Shares” was first reported by Chaffey Breeze and is the property of of Chaffey Breeze. If you are viewing this report on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The correct version of this report can be accessed at https://www.chaffeybreeze.com/2017/07/28/insider-buying-calumet-specialty-products-partners-l-p-nasdaqclmt-cfo-acquires-12210-00-in-stock-updated-updated-updated.html.

CLMT has been the topic of a number of research analyst reports. Zacks Investment Research raised shares of Calumet Specialty Products Partners, L.P. from a “hold” rating to a “strong-buy” rating and set a $4.75 price objective on the stock in a report on Tuesday, July 11th. Royal Bank Of Canada reissued a “hold” rating and set a $4.00 price objective on shares of Calumet Specialty Products Partners, L.P. in a report on Thursday, March 30th. Wells Fargo & Company upgraded shares of Calumet Specialty Products Partners, L.P. from a “market perform” rating to an “outperform” rating and set a $6.00 target price on the stock in a research report on Wednesday, May 10th. BidaskClub upgraded shares of Calumet Specialty Products Partners, L.P. from a “sell” rating to a “hold” rating in a research report on Monday. Finally, Cowen and Company restated a “hold” rating and set a $5.00 target price on shares of Calumet Specialty Products Partners, L.P. in a research report on Friday, July 14th. 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’s stock. Calumet Specialty Products Partners, L.P. presently has an average rating of “Hold” and a consensus price target of $4.46.

Large investors have recently made changes to their positions in the company. Fifth Third Bancorp increased its stake in shares of 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 in the last quarter. Renaissance Technologies LLC increased its stake in shares of Calumet Specialty Products Partners, L.P. by 239.7% in the fourth quarter. Renaissance Technologies LLC now owns 534,700 shares of the oil and gas company’s stock valued at $2,139,000 after buying an additional 377,300 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Calumet Specialty Products Partners, L.P. by 2.5% in the first quarter. Wells Fargo & Company MN now owns 461,750 shares of the oil and gas company’s stock valued at $1,754,000 after buying an additional 11,265 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Calumet Specialty Products Partners, L.P. by 6.8% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 137,703 shares of the oil and gas company’s stock valued at $551,000 after buying an additional 8,760 shares in the last quarter. Finally, Adams Asset Advisors LLC increased its stake in shares of Calumet Specialty Products Partners, L.P. by 54.0% in the first quarter. Adams Asset Advisors LLC now owns 630,600 shares of the oil and gas company’s stock valued at $2,396,000 after buying an additional 221,100 shares in the last quarter. 11.31% of the stock is owned by hedge funds and other institutional investors.

About Calumet Specialty Products Partners, L.P.

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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