Insider Selling in Par Pacific Holdings (PARR) Shares Continues

Tuesday, September 26, 2017 10:15 PM ET

Insider Selling in Par Pacific Holdings (PARR) Shares Continues

An insider — Whitebox Advisors Llc, 10% Owner — disposed of 101,739 shares of Par Pacific Holdings having a market value of approximately $2,084,277 today, as revealed in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the acquisition of 1,000 company shares and the disposition of 1,058,494 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 1,159,233 shares and have averaged 387,078 shares per transaction over this time period.

Par Pacific Holdings insider trading represents a level of buy/sell trades that is above for the 36 peer company average over the last 90-day period. The Oil & Gas Refining and Marketing peer group saw 20 buy/sell trades during this period for an average of 0.6 transactions per company. The number of shares per buy/sell trade for Par Pacific Holdings insiders was also higher. Within the peer group there were 140,500 shares purchased and 1,175,766 shares sold with company insiders having sold 51,763 shares on average.

For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data used to evaluate and write this story.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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