Today, a Director at Stonemor Partners LP (NYSE: STON), Martin Lautman, bought shares of STON for $80.79K.
This recent transaction increases Martin Lautman’s holding in the company by 47.16% to a total of $1.02 million. In addition to Martin Lautman, 2 other STON executives reported Buy trades in the last month.
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Based on Stonemor Partners LP’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $84.03 million and GAAP net loss of $9.48 million. In comparison, last year the company earned revenue of $82.95 million and had a GAAP net loss of $8.47 million. The company has a one-year high of $9.62 and a one-year low of $4.61. Currently, Stonemor Partners LP has an average volume of 51.87K.
The insider sentiment on Stonemor Partners LP has been positive according to 35 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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StoneMor Partners LP provides funeral and cemetery products and services in the death care industry in the United States. The company through its subsidiaries offers a funeral merchandise and services, along with cemetery property, merchandise and services, both at the time of need and on a pre-need basis.
