The EVP HR of Sunoco LP (SUN) is Buying Shares

Yesterday, the EVP HR of Sunoco LP (SUN), Christopher Curia, bought shares of SUN for $18.3K.

Following this transaction Christopher Curia’s holding in the company was increased by 1.27% to a total of $1.84 million.

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Based on Sunoco LP’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $4.76 billion and quarterly net profit of $93 million. In comparison, last year the company earned revenue of $4.39 billion and had a net profit of $202 million. Currently, Sunoco LP has an average volume of 1.21M.

Based on 4 analyst ratings, the analyst consensus is Hold with an average price target of $28.75, reflecting a -2.5% downside.

The insider sentiment on Sunoco LP has been negative according to 26 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Sunoco LP engages in the management and distribution of fuel products. It operates through the Wholesale and Retail segments. The Wholesale segment purchases fuel from a number of refiners and supplies it to its retail, affiliates, independently-operated dealer stations and to other end users of motor fuel.