Carbo Industries Picked Up Sprague Resources Lp (NYSE:SRLP) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC),...
Stay Ahead of the
Stock Market Game!
Subscribe to Small Cap
Exclusive for more


TC BioPharm TCBP Stock Price broke out, the set up i...
Why Earth Science Tech Inc (OTCMKTS:ETST) Shares Ros...
Sramowicz Steven is Buying Rennova Health Inc. (NASD...

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Sprague Resources Lp (NYSE:SRLP) reported that Carbo Industries, Inc. has picked up 1,131,551 of common stock as of 2017-04-21.

The acquisition brings the aggregate amount owned by Carbo Industries, Inc. to a total of 1,131,551 representing less than 5.3% stake in the company.

For those not familiar with the company, Sprague Resources LP is engaged in the purchase, storage, distribution and sale of refined products and natural gas, and provides storage and handling services for a range of materials. The Company operates through four segments: refined products, which purchases a range of refined products, such as heating oil, diesel fuel, residual fuel oil, asphalt, kerosene, jet fuel and gasoline from refining companies, trading organizations and producers; natural gas, which purchases natural gas from natural gas producers and trading companies, and sells and distributes natural gas to commercial and industrial customers in the Northeast and Mid-Atlantic United States; materials handling, which offloads, stores and prepares for delivery a range of customer-owned products, including asphalt, clay slurry, coal and heavy equipment, and other operations, which include the purchase and distribution of coal, certain commercial trucking activities and the heating equipment service business.

A glance at Sprague Resources Lp (NYSE:SRLP)’s key stats reveals a current market capitalization of 583.54 Million based on 11.24 Million shares outstanding and a price at last close of $26.85 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2013-10-25 Rinaldi picked up 5,001 at a purchase price of $17.67. This brings their total holding to 5,001 as of the date of the filing.

On the sell side, the most recent transaction saw Scoff unload 1,250 shares at a sale price of $28.20. This brings their total holding to 18,905.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Sprague Resources Lp (NYSE:SRLP) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.




Stay in the lopp :

Clinton Group Picked Glassbridge Enterprises ...
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Glassbridge Enterprises Inc. (NYSE:GLA) reported that Clinton Group has picked
HUMBL (HMBL) Stock Retreats From The Peak: Wh...

Earlier in the year, HUMBL Inc (OTCMKTS:HMBL) had emerged as one of the more popular companies for those who were interested in penny

Cannabis Startup of 2017 (OTCMKTS:CBWTF) Ends...

View the original article here.

Santa Monica, CA / ACCESSWIRE /

related post

Skip to content