Today, the EVP of Delek US Holdings (NYSE: DK), Miller Anthony, bought shares of DK for $491.3K.
Following this transaction Miller Anthony L.’s holding in the company was increased by 414.19% to a total of $590.3K. Following Miller Anthony L.’s last DK Buy transaction on March 15, 2018, the stock climbed by 14.0%.
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Based on Delek US Holdings’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $2.35 billion and GAAP net loss of $34.9 million. In comparison, last year the company earned revenue of $1.18 billion and had a net profit of $11.2 million. DK’s market cap is $4.42B and the company has a P/E ratio of 18.05. Currently, Delek US Holdings has an average volume of 2.94M.
13 different firms, including Barclays and Merrill Lynch, currently also have a Buy rating on the stock. Based on 8 analyst ratings, the analyst consensus is Strong Buy with an average price target of $48.38, reflecting a 4.7% upside.
In the last 30 days, insiders have sold $13.17M worth of DK shares and purchased $491.3K worth of DK shares. The insider sentiment on Delek US Holdings has been negative according to 108 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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Delek US Holdings, Inc. is a diversified downstream energy company, which focuses on petroleum refining, the transportation, storage and wholesale distribution of crude oil, intermediate and refined products and convenience store retailing. It operates through following segments: Refining, Logistics and Retail.
