Insider Buying: W Keith Maxwell III Buys 7,500 Shares of Marlin Midstream Partners LP Stock (FISH)
Marlin Midstream Partners LP (NASDAQ:FISH) Director W Keith Maxwell III bought 7,500 shares of Marlin Midstream Partners LP stock in a transaction dated Tuesday, October 8th. The shares were purchased at an average cost of $17.87 per share, with a total value of $134,025.00. Following the completion of the transaction, the director now directly owns 33,200 shares in the company, valued at approximately $593,284. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Marlin Midstream Partners LP (NASDAQ:FISH) traded up 0.45% on Wednesday, hitting $17.70. 21,488 shares of the company’s stock traded hands. Marlin Midstream Partners LP has a 52 week low of $17.45 and a 52 week high of $20.25. The stock has a 50-day moving average of $18.75 and a 200-day moving average of $19.10. The company’s market cap is $315.1 million.
A number of analysts have recently weighed in on FISH shares. Analysts at Oppenheimer initiated coverage on shares of Marlin Midstream Partners LP in a research note to investors on Friday, September 27th. They set a “market perform” rating on the stock. Separately, analysts at Janney Montgomery Scott initiated coverage on shares of Marlin Midstream Partners LP in a research note to investors on Friday, September 6th. They set a “buy” rating on the stock. Finally, analysts at M Partners initiated coverage on shares of Marlin Midstream Partners LP in a research note to investors on Tuesday, August 20th. They set a “positive” rating on the stock. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Marlin Midstream Partners LP has an average rating of “Buy” and an average price target of $23.00.
Marlin Midstream Partners, LP develops, owns, operates and acquires midstream energy assets. The Company provides natural gas gathering, transportation, treating and processing services and One million cubic feet (NASDAQ:FISH) transportation services, which it refer to as its midstream natural gas business, and crude oil transloading services, which it refer to as its crude oil logistics business.
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