Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) CEO Timothy Go purchased 16,604 shares of the company’s stock in a transaction dated Friday, November 11th. The shares were acquired at an average cost of $3.90 per share, with a total value of $64,755.60. Following the purchase, the chief executive officer now directly owns 69,956 shares of the company’s stock, valued at approximately $272,828.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) opened at 4.45 on Wednesday. The stock’s 50 day moving average is $0.00 and its 200 day moving average is $0.00.

Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) last posted its quarterly earnings results on Thursday, November 3rd. The company reported ($0.42) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.10) by $0.32. The company had revenue of $966 million for the quarter, compared to the consensus estimate of $898.98 million. On average, equities analysts predict that Calumet Specialty Products Partners, L.P will post ($3.52) earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Calumet Specialty Products Partners, L.P (NASDAQ:CLMT)

A number of large investors have recently bought and sold shares of CLMT. Creative Planning raised its stake in Calumet Specialty Products Partners, L.P by 5.6% in the third quarter. Creative Planning now owns 35,856 shares of the company’s stock worth $162,000 after buying an additional 1,900 shares in the last quarter. IFP Advisors Inc raised its stake in Calumet Specialty Products Partners, L.P by 19.8% in the second quarter. IFP Advisors Inc now owns 29,155 shares of the company’s stock worth $143,000 after buying an additional 4,816 shares in the last quarter. Stifel Financial Corp raised its stake in Calumet Specialty Products Partners, L.P by 8.7% in the second quarter. Stifel Financial Corp now owns 607,725 shares of the company’s stock worth $2,978,000 after buying an additional 48,757 shares in the last quarter. Van ECK Associates Corp raised its stake in Calumet Specialty Products Partners, L.P by 0.4% in the second quarter. Van ECK Associates Corp now owns 281,137 shares of the company’s stock worth $1,378,000 after buying an additional 1,217 shares in the last quarter. Finally, Jefferies Group LLC purchased a new stake in Calumet Specialty Products Partners, L.P during the second quarter worth approximately $230,000.

Several research firms have recently issued reports on CLMT. Zacks Investment Research downgraded shares of Calumet Specialty Products Partners, L.P from a “buy” rating to a “hold” rating in a research note on Tuesday, November 8th. FBR & Co began coverage on shares of Calumet Specialty Products Partners, L.P in a research note on Friday, September 9th. They set a “market perform” rating and a $6.00 price target for the company. Credit Suisse Group AG raised shares of Calumet Specialty Products Partners, L.P from an “underperform” rating to a “neutral” rating and set a $5.00 price target for the company in a research note on Friday, November 4th. Finally, DA Davidson reiterated a “neutral” rating on shares of Calumet Specialty Products Partners, L.P in a research report on Monday, September 19th. Four research analysts have rated the stock with a sell rating and twelve have assigned a hold rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $9.88.

Calumet Specialty Products Partners, L.P Company Profile

Calumet Specialty Products Partners, L.P. is a producer of specialty hydrocarbon products. The Company operates through three segments. In its specialty products segment, the Company processes crude oil and other feedstocks into a range of customized lubricating oils, white mineral oils, solvents, petrolatums and waxes.

5 Day Chart for NASDAQ:CLMT

Receive News & Stock Ratings for Calumet Specialty Products Partners L.P Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calumet Specialty Products Partners L.P and related stocks with our FREE daily email newsletter.