OCI Partners LP (NYSE:OCIP) insider Nassef Sawiris acquired 108,518 shares of the firm’s stock in a transaction that occurred on Wednesday, November 23rd. The stock was acquired at an average price of $5.69 per share, for a total transaction of $617,467.42. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Nassef Sawiris also recently made the following trade(s):

  • On Thursday, September 15th, Nassef Sawiris acquired 900 shares of OCI Partners stock. The stock was acquired at an average price of $5.79 per share, for a total transaction of $5,211.00.
  • On Tuesday, September 13th, Nassef Sawiris acquired 36,100 shares of OCI Partners stock. The stock was acquired at an average price of $6.04 per share, for a total transaction of $218,044.00.
  • On Thursday, September 8th, Nassef Sawiris acquired 198,500 shares of OCI Partners stock. The stock was acquired at an average price of $6.04 per share, for a total transaction of $1,198,940.00.

Shares of OCI Partners LP (NYSE:OCIP) opened at 5.60 on Friday. The firm has a 50-day moving average price of $5.72 and a 200-day moving average price of $6.49. OCI Partners LP has a 12 month low of $4.95 and a 12 month high of $8.50. The stock’s market cap is $487.18 million.

Insider Buying and Selling by Quarter for OCI Partners (NYSE:OCIP)

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Several hedge funds and other institutional investors have recently modified their holdings of OCIP. Morgan Stanley boosted its position in shares of OCI Partners by 0.6% in the third quarter. Morgan Stanley now owns 9,489,471 shares of the company’s stock worth $56,083,000 after buying an additional 53,977 shares during the period. Citigroup Inc. boosted its position in shares of OCI Partners by 197.4% in the second quarter. Citigroup Inc. now owns 27,206 shares of the company’s stock worth $205,000 after buying an additional 18,057 shares during the period. Finally, Credit Capital Investments LLC boosted its position in shares of OCI Partners by 655.0% in the second quarter. Credit Capital Investments LLC now owns 596,487 shares of the company’s stock worth $596,000 after buying an additional 517,482 shares during the period. 13.86% of the stock is owned by institutional investors and hedge funds.

A number of analysts have issued reports on the company. Citigroup Inc. cut their target price on OCI Partners from $8.00 to $6.50 and set a “neutral” rating on the stock in a research report on Monday, August 8th. TheStreet raised OCI Partners from a “sell” rating to a “hold” rating in a research report on Monday, October 3rd.

OCI Partners Company Profile

OCI Partners LP owns and operates an integrated methanol and ammonia production facility that is located on the Texas Gulf Coast near Beaumont. The Company has an annual methanol production capacity of approximately 912,500 metric tons and an annual ammonia production capacity of approximately 331,000 metric tons.

5 Day Chart for NYSE:OCIP

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