Insider Selling: CVR Partners, LP (UAN) Major Shareholder Sells 17,118 Shares of Stock, Report finds

Insider Selling: CVR Partners, LP (UAN) Major Shareholder Sells 17,118 Shares of Stock, Report finds

CVR Partners, LP (NYSE:UAN) major shareholder Holdings I. L.P. Blackstone sold 17,118 shares of the company’s stock in a transaction on Monday, February 6th. The shares were sold at an average price of $6.21, for a total value of $106,302.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

CVR Partners, LP (NYSE:UAN) traded up 0.66% during trading on Wednesday, reaching $6.13. The company had a trading volume of 148,701 shares. CVR Partners, LP has a 12 month low of $4.05 and a 12 month high of $9.75. The firm has a market capitalization of $694.42 million, a price-to-earnings ratio of 90.15 and a beta of 1.60. The stock has a 50 day moving average price of $6.36 and a 200 day moving average price of $5.78.

Hedge funds have recently made changes to their positions in the stock. Homrich & Berg boosted its position in shares of CVR Partners, by 2.4% in the third quarter. Homrich & Berg now owns 34,494 shares of the company’s stock valued at $183,000 after buying an additional 812 shares during the period. Arrow Investment Advisors LLC boosted its position in shares of CVR Partners, by 2.8% in the third quarter. Arrow Investment Advisors LLC now owns 89,364 shares of the company’s stock valued at $474,000 after buying an additional 2,466 shares during the period. Global X Management Co. LLC boosted its position in shares of CVR Partners, by 11.4% in the third quarter. Global X Management Co. LLC now owns 31,718 shares of the company’s stock valued at $168,000 after buying an additional 3,251 shares during the period. Marco Investment Management LLC boosted its position in shares of CVR Partners, by 16.8% in the second quarter. Marco Investment Management LLC now owns 52,200 shares of the company’s stock valued at $426,000 after buying an additional 7,500 shares during the period. Finally, Groesbeck Investment Management Corp NJ boosted its position in shares of CVR Partners, by 6.8% in the third quarter. Groesbeck Investment Management Corp NJ now owns 117,524 shares of the company’s stock valued at $623,000 after buying an additional 7,524 shares during the period. 19.86% of the stock is currently owned by hedge funds and other institutional investors.

Separately, Zacks Investment Research downgraded CVR Partners, from a “hold” rating to a “sell” rating in a research report on Tuesday, November 1st. Four investment analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $8.93.

About CVR Partners,

CVR Partners, LP owns and operates nitrogen fertilizer business. The Company produces and distributes nitrogen fertilizer products. The Company operates through the United States segment. Its principal products are urea-ammonium nitrate (UAN) and ammonia. The Company’s products are manufactured at its nitrogen fertilizer manufacturing facility in Coffeyville, Kansas, that utilizes a petroleum coke, or pet coke, gasification process to produce nitrogen fertilizer.

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Insider Selling: CVR Partners, LP (UAN) Major Shareholder Sells 17,118 Shares of Stock

Insider Selling: CVR Partners, LP (UAN) Major Shareholder Sells 17,118 Shares of Stock

CVR Partners, LP (NYSE:UAN) major shareholder Holdings I. L.P. Blackstone sold 17,118 shares of the company’s stock in a transaction on Monday, February 6th. The shares were sold at an average price of $6.21, for a total value of $106,302.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

CVR Partners, LP (NYSE:UAN) traded up 0.66% during trading on Wednesday, reaching $6.13. The company had a trading volume of 148,701 shares. CVR Partners, LP has a 12 month low of $4.05 and a 12 month high of $9.75. The firm has a market capitalization of $694.42 million, a price-to-earnings ratio of 90.15 and a beta of 1.60. The stock has a 50 day moving average price of $6.36 and a 200 day moving average price of $5.78.

Hedge funds have recently made changes to their positions in the stock. Homrich & Berg boosted its position in shares of CVR Partners, by 2.4% in the third quarter. Homrich & Berg now owns 34,494 shares of the company’s stock valued at $183,000 after buying an additional 812 shares during the period. Arrow Investment Advisors LLC boosted its position in shares of CVR Partners, by 2.8% in the third quarter. Arrow Investment Advisors LLC now owns 89,364 shares of the company’s stock valued at $474,000 after buying an additional 2,466 shares during the period. Global X Management Co. LLC boosted its position in shares of CVR Partners, by 11.4% in the third quarter. Global X Management Co. LLC now owns 31,718 shares of the company’s stock valued at $168,000 after buying an additional 3,251 shares during the period. Marco Investment Management LLC boosted its position in shares of CVR Partners, by 16.8% in the second quarter. Marco Investment Management LLC now owns 52,200 shares of the company’s stock valued at $426,000 after buying an additional 7,500 shares during the period. Finally, Groesbeck Investment Management Corp NJ boosted its position in shares of CVR Partners, by 6.8% in the third quarter. Groesbeck Investment Management Corp NJ now owns 117,524 shares of the company’s stock valued at $623,000 after buying an additional 7,524 shares during the period. 19.86% of the stock is currently owned by hedge funds and other institutional investors.

Separately, Zacks Investment Research downgraded CVR Partners, from a “hold” rating to a “sell” rating in a research report on Tuesday, November 1st. Four investment analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $8.93.

About CVR Partners,

CVR Partners, LP owns and operates nitrogen fertilizer business. The Company produces and distributes nitrogen fertilizer products. The Company operates through the United States segment. Its principal products are urea-ammonium nitrate (UAN) and ammonia. The Company’s products are manufactured at its nitrogen fertilizer manufacturing facility in Coffeyville, Kansas, that utilizes a petroleum coke, or pet coke, gasification process to produce nitrogen fertilizer.

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Leave a Comment