Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) CFO David West Griffin acquired 3,000 shares of the company’s stock in a transaction on Wednesday, July 12th. The shares were acquired at an average price of $4.19 per share, for a total transaction of $12,570.00. Following the completion of the acquisition, the chief financial officer now directly owns 25,900 shares in the company, valued at $108,521. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Tuesday, July 11th, David West Griffin acquired 300 shares of Calumet Specialty Products Partners, L.P. stock. The shares were acquired at an average price of $4.15 per share, for a total transaction of $1,245.00.
  • On Monday, July 10th, David West Griffin purchased 300 shares of Calumet Specialty Products Partners, L.P. stock. The stock was purchased at an average price of $4.03 per share, with a total value of $1,209.00.
  • On Thursday, July 6th, David West Griffin purchased 3,000 shares of Calumet Specialty Products Partners, L.P. stock. The stock was purchased at an average price of $4.17 per share, with a total value of $12,510.00.
  • On Wednesday, July 5th, David West Griffin purchased 3,000 shares of Calumet Specialty Products Partners, L.P. stock. The stock was purchased at an average price of $4.17 per share, with a total value of $12,510.00.
  • On Friday, July 7th, David West Griffin purchased 9,000 shares of Calumet Specialty Products Partners, L.P. stock. The stock was purchased at an average price of $4.15 per share, with a total value of $37,350.00.
  • On Friday, June 30th, David West Griffin purchased 3,000 shares of Calumet Specialty Products Partners, L.P. stock. The stock was purchased at an average price of $4.19 per share, with a total value of $12,570.00.
  • On Monday, July 3rd, David West Griffin purchased 6,000 shares of Calumet Specialty Products Partners, L.P. stock. The stock was purchased at an average price of $4.21 per share, with a total value of $25,260.00.
  • On Thursday, June 29th, David West Griffin purchased 4,600 shares of Calumet Specialty Products Partners, L.P. stock. The stock was purchased at an average price of $4.15 per share, with a total value of $19,090.00.
  • On Monday, June 26th, David West Griffin purchased 3,000 shares of Calumet Specialty Products Partners, L.P. stock. The stock was purchased at an average price of $4.07 per share, with a total value of $12,210.00.
  • On Tuesday, June 27th, David West Griffin purchased 6,000 shares of Calumet Specialty Products Partners, L.P. stock. The stock was purchased at an average price of $4.08 per share, with a total value of $24,480.00.

Shares of Calumet Specialty Products Partners, L.P. (CLMT) traded up 0.120% on Monday, reaching $4.155. The company’s stock had a trading volume of 43,740 shares. Calumet Specialty Products Partners, L.P. has a 52 week low of $4.10 and a 52 week high of $4.18.

Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) last released its quarterly earnings results on Thursday, May 4th. The oil and gas company reported ($0.08) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.68) by $0.60. The business had revenue of $937.40 million for the quarter, compared to analyst estimates 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%. Equities analysts forecast that Calumet Specialty Products Partners, L.P. will post ($1.22) earnings per share for the current fiscal year.

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A number of equities research analysts have recently weighed in on CLMT shares. 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 report on Friday. Royal Bank Of Canada reiterated a “hold” rating and issued a $4.00 price target on shares of Calumet Specialty Products Partners, L.P. in a report on Thursday, March 30th. 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 for the company in a report on Wednesday, May 10th. BidaskClub downgraded Calumet Specialty Products Partners, L.P. from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Finally, Zacks Investment Research upgraded Calumet Specialty Products Partners, L.P. from a “hold” rating to a “strong-buy” rating and set a $4.75 price target for the company in a report on Tuesday, July 11th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. Calumet Specialty Products Partners, L.P. has a consensus rating of “Hold” and a consensus target price of $4.46.

A number of large investors have recently added to or reduced their stakes in the company. Adams Asset Advisors LLC raised its position in shares of 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 worth $2,998,000 after buying an additional 74,732 shares during the last quarter. Sound Point Capital Management LP purchased a new position in shares of Calumet Specialty Products Partners, L.P. during the first quarter worth approximately $2,844,000. Morgan Stanley raised its position in shares of 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 worth $2,677,000 after buying an additional 83,995 shares during the last quarter. Fifth Third Bancorp raised its position 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 worth $121,000 after buying an additional 1,500 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position 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 worth $1,754,000 after buying an additional 11,265 shares during the last quarter. Institutional investors and hedge funds own 11.21% of the company’s stock.

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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