Today, the Sr. Vice Pres.-Product Supply of Suburban Propane (NYSE: SPH), Douglas Brinkworth, sold shares of SPH for $194.6K.
In addition to Douglas Brinkworth, one other SPH executive reported Sell trades in the last month.
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Based on Suburban Propane’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $242 million and GAAP net loss of $16.6 million. In comparison, last year the company earned revenue of $223 million and had a GAAP net loss of $29.72 million. SPH’s market cap is $1.5B and the company has a P/E ratio of 19.87. Currently, Suburban Propane has an average volume of 236.7K.
Four different firms, including Barclays and Credit Suisse, currently also have a Sell rating on the stock.
The insider sentiment on Suburban Propane has been negative according to 32 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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Suburban Propane Partners LP engages in the business of liquefied petroleum gas business. It operates through the following segments: Propane; Fuel Oil and Refined Fuels; Natural Gas and Electricity; and All Other. The Propane segment engages in natural gas processing and petroleum refining.
