Par Pacific Holdings, Inc. (NASDAQ:PARR) major shareholder Whitebox Advisors Llc sold 177,300 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $20.78, for a total value of $3,684,294.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Whitebox Advisors Llc also recently made the following trade(s):

  • On Tuesday, October 3rd, Whitebox Advisors Llc sold 98,579 shares of Par Pacific Holdings stock. The shares were sold at an average price of $21.00, for a total value of $2,070,159.00.
  • On Wednesday, October 4th, Whitebox Advisors Llc sold 359,679 shares of Par Pacific Holdings stock. The shares were sold at an average price of $20.91, for a total value of $7,520,887.89.
  • On Thursday, September 28th, Whitebox Advisors Llc sold 22,449 shares of Par Pacific Holdings stock. The shares were sold at an average price of $20.47, for a total value of $459,531.03.
  • On Wednesday, September 27th, Whitebox Advisors Llc sold 19,724 shares of Par Pacific Holdings stock. The shares were sold at an average price of $20.49, for a total value of $404,144.76.
  • On Friday, September 29th, Whitebox Advisors Llc sold 277,443 shares of Par Pacific Holdings stock. The shares were sold at an average price of $21.08, for a total value of $5,848,498.44.
  • On Tuesday, September 26th, Whitebox Advisors Llc sold 101,739 shares of Par Pacific Holdings stock. The stock was sold at an average price of $20.49, for a total value of $2,084,632.11.
  • On Tuesday, September 19th, Whitebox Advisors Llc sold 186,627 shares of Par Pacific Holdings stock. The stock was sold at an average price of $19.74, for a total value of $3,684,016.98.
  • On Tuesday, September 12th, Whitebox Advisors Llc sold 171,304 shares of Par Pacific Holdings stock. The stock was sold at an average price of $18.52, for a total value of $3,172,550.08.
  • On Monday, September 11th, Whitebox Advisors Llc sold 43,893 shares of Par Pacific Holdings stock. The stock was sold at an average price of $18.51, for a total value of $812,459.43.
  • On Wednesday, September 13th, Whitebox Advisors Llc sold 394,022 shares of Par Pacific Holdings stock. The stock was sold at an average price of $18.49, for a total value of $7,285,466.78.

Shares of Par Pacific Holdings, Inc. (NASDAQ:PARR) opened at 20.75 on Friday. Par Pacific Holdings, Inc. has a 12-month low of $12.47 and a 12-month high of $21.94. The firm’s 50-day moving average price is $18.86 and its 200-day moving average price is $17.48. The stock has a market cap of $950.39 million and a price-to-earnings ratio of 46.32.

Par Pacific Holdings (NASDAQ:PARR) last issued its quarterly earnings results on Monday, August 7th. The company reported $0.24 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.02. The business had revenue of $564.25 million during the quarter, compared to analysts’ expectations of $600.80 million. On average, analysts forecast that Par Pacific Holdings, Inc. will post $1.61 EPS for the current fiscal year.

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Hedge funds have recently modified their holdings of the business. Acrospire Investment Management LLC purchased a new position in Par Pacific Holdings in the 2nd quarter valued at approximately $105,000. QS Investors LLC purchased a new position in Par Pacific Holdings in the 2nd quarter valued at approximately $146,000. Voya Investment Management LLC boosted its position in Par Pacific Holdings by 15.3% in the 2nd quarter. Voya Investment Management LLC now owns 16,128 shares of the company’s stock valued at $291,000 after buying an additional 2,143 shares during the period. PNC Financial Services Group Inc. boosted its position in Par Pacific Holdings by 400.8% in the 2nd quarter. PNC Financial Services Group Inc. now owns 30,269 shares of the company’s stock valued at $547,000 after buying an additional 24,225 shares during the period. Finally, Rhumbline Advisers boosted its position in Par Pacific Holdings by 10.1% in the 2nd quarter. Rhumbline Advisers now owns 36,615 shares of the company’s stock valued at $661,000 after buying an additional 3,360 shares during the period.

A number of analysts have weighed in on the company. Cowen and Company restated a “buy” rating and set a $20.00 target price on shares of Par Pacific Holdings in a report on Thursday, August 17th. Zacks Investment Research upgraded Par Pacific Holdings from a “sell” rating to a “strong-buy” rating and set a $21.00 target price for the company in a report on Wednesday, July 19th. Finally, Seaport Global Securities upgraded Par Pacific Holdings from a “neutral” rating to a “buy” rating and upped their target price for the stock from $19.00 to $22.00 in a report on Monday, September 11th.

Insider Buying and Selling by Quarter for Par Pacific Holdings (NASDAQ:PARR)

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