Par Pacific Holdings, Inc. (NASDAQ:PARR) major shareholder Whitebox Advisors Llc sold 98,579 shares of the firm’s stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $21.00, for a total value of $2,070,159.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Whitebox Advisors Llc also recently made the following trade(s):

  • On Monday, October 2nd, Whitebox Advisors Llc sold 177,300 shares of Par Pacific Holdings stock. The stock was sold at an average price of $20.78, for a total value of $3,684,294.00.
  • On Wednesday, October 4th, Whitebox Advisors Llc sold 359,679 shares of Par Pacific Holdings stock. The stock was sold at an average price of $20.91, for a total value of $7,520,887.89.
  • On Thursday, September 28th, Whitebox Advisors Llc sold 22,449 shares of Par Pacific Holdings stock. The stock was sold at an average price of $20.47, for a total value of $459,531.03.
  • On Wednesday, September 27th, Whitebox Advisors Llc sold 19,724 shares of Par Pacific Holdings stock. The stock was sold at an average price of $20.49, for a total value of $404,144.76.
  • On Friday, September 29th, Whitebox Advisors Llc sold 277,443 shares of Par Pacific Holdings stock. The stock was sold at an average price of $21.08, for a total value of $5,848,498.44.
  • On Tuesday, September 26th, Whitebox Advisors Llc sold 101,739 shares of Par Pacific Holdings stock. The stock was sold at an average price of $20.49, for a total value of $2,084,632.11.
  • On Tuesday, September 19th, Whitebox Advisors Llc sold 186,627 shares of Par Pacific Holdings stock. The stock was sold at an average price of $19.74, for a total value of $3,684,016.98.
  • On Tuesday, September 12th, Whitebox Advisors Llc sold 171,304 shares of Par Pacific Holdings stock. The stock was sold at an average price of $18.52, for a total value of $3,172,550.08.
  • On Monday, September 11th, Whitebox Advisors Llc sold 43,893 shares of Par Pacific Holdings stock. The stock was sold at an average price of $18.51, for a total value of $812,459.43.
  • On Wednesday, September 13th, Whitebox Advisors Llc sold 394,022 shares of Par Pacific Holdings stock. The stock was sold at an average price of $18.49, for a total value of $7,285,466.78.

Shares of Par Pacific Holdings, Inc. (NASDAQ:PARR) traded down 0.86% during trading on Wednesday, hitting $20.81. The stock had a trading volume of 850,644 shares. Par Pacific Holdings, Inc. has a 1-year low of $12.47 and a 1-year high of $21.94. The company has a market cap of $953.14 million and a PE ratio of 46.45. The firm’s 50 day moving average is $18.64 and its 200 day moving average is $17.43.

Par Pacific Holdings (NASDAQ:PARR) last issued its quarterly earnings data on Monday, August 7th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.02. The business had revenue of $564.25 million during the quarter, compared to analysts’ expectations of $600.80 million. Equities research analysts anticipate that Par Pacific Holdings, Inc. will post $1.61 EPS for the current fiscal year.

COPYRIGHT VIOLATION WARNING: “Whitebox Advisors Llc Sells 98,579 Shares of Par Pacific Holdings, Inc. (PARR) Stock” was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international copyright legislation. The legal version of this piece can be accessed at https://www.thecerbatgem.com/2017/10/04/whitebox-advisors-llc-sells-98579-shares-of-par-pacific-holdings-inc-parr-stock.html.

Several hedge funds have recently modified their holdings of PARR. Evermore Global Advisors LLC raised its position in shares of Par Pacific Holdings by 15.2% in the second quarter. Evermore Global Advisors LLC now owns 766,806 shares of the company’s stock worth $13,833,000 after buying an additional 101,425 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in shares of Par Pacific Holdings in the second quarter worth $1,449,000. Kennedy Capital Management Inc. raised its position in shares of Par Pacific Holdings by 132.2% in the second quarter. Kennedy Capital Management Inc. now owns 128,957 shares of the company’s stock worth $2,326,000 after buying an additional 73,429 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Par Pacific Holdings by 4.7% in the second quarter. Vanguard Group Inc. now owns 1,455,829 shares of the company’s stock worth $26,263,000 after buying an additional 65,493 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Par Pacific Holdings by 11.3% in the second quarter. Dimensional Fund Advisors LP now owns 577,718 shares of the company’s stock worth $10,421,000 after buying an additional 58,683 shares in the last quarter.

A number of equities analysts have commented on the company. Zacks Investment Research upgraded Par Pacific Holdings from a “sell” rating to a “strong-buy” rating and set a $21.00 price objective on the stock in a research note on Wednesday, July 19th. Seaport Global Securities upgraded Par Pacific Holdings from a “neutral” rating to a “buy” rating and lifted their price target for the company from $19.00 to $22.00 in a research note on Monday, September 11th. Finally, Cowen and Company reiterated a “buy” rating and issued a $20.00 price target on shares of Par Pacific Holdings in a research note on Thursday, August 17th.

Insider Buying and Selling by Quarter for Par Pacific Holdings (NASDAQ:PARR)

Receive News & Stock Ratings for Par Pacific Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Par Pacific Holdings Inc. and related stocks with our FREE daily email newsletter.