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SMF Energy Corp (NASDAQ:FUEL) VP Abhinav Gupta sold 186,855 shares of SMF Energy Corp stock on the open market in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $58.26, for a total value of $10,886,172.30. Following the completion of the sale, the vice president now directly owns 74,812 shares of the company’s stock, valued at approximately $4,358,547. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

A number of research firms have recently commented on FUEL. Analysts at BMO Capital Markets raised their price target on shares of SMF Energy Corp from $50.00 to $58.00 in a research note to investors on Friday, January 31st. Finally, analysts at Needham & Company upgraded shares of SMF Energy Corp from a “buy” rating to a “strong-buy” rating in a research note to investors on Thursday, December 19th. They now have a $75.00 price target on the stock. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $61.58.

Shares of SMF Energy Corp (NASDAQ:FUEL) traded down 2.50% during mid-day trading on Wednesday, hitting $51.00. 969,694 shares of the company’s stock traded hands. SMF Energy Corp has a 52-week low of $37.81 and a 52-week high of $71.89. The stock has a 50-day moving average of $59.95 and a 200-day moving average of $55.85. The company’s market cap is $1.787 billion.

SMF Energy Corp (NASDAQ:FUEL) last released its earnings data on Thursday, November 7th. The company reported ($0.16) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.16). The company had revenue of $62.50 million for the quarter, compared to the consensus estimate of $58.84 million. During the same quarter in the previous year, the company posted ($0.12) earnings per share. The company’s revenue for the quarter was up 132.3% on a year-over-year basis. Analysts expect that SMF Energy Corp will post $-0.37 EPS for the current fiscal year.

SMF Energy Corporation provides petroleum product distribution services, transportation logistics and emergency response services to the trucking, manufacturing, construction, shipping, utility, energy, chemical, telecommunications and government services industries.

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