Insider Buying: Michael Milligan Acquires 20,000 Shares of Sprague Resources LP Stock (SRLP)
Sprague Resources LP (NASDAQ:SRLP) Director Michael Milligan acquired 20,000 shares of the stock on the open market in a transaction dated Friday, October 25th. The shares were purchased at an average cost of $17.50 per share, with a total value of $350,000.00. Following the purchase, the director now directly owns 20,000 shares of the company’s stock, valued at approximately $350,000. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.
Sprague Resources LP (NASDAQ:SRLP) traded up 0.29% during mid-day trading on Tuesday, hitting $17.50. 123,666 shares of the company’s stock traded hands. The stock has a 50-day moving average of $0. and a 200-day moving average of $0..
Sprague Resources LP is engaged in the purchase, storage, distribution and sale of refined petroleum products.
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