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Western Refining (NYSE:WNR) Director Ralph A. Schmidt unloaded 14,517 shares of the stock on the open market in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $40.00, for a total transaction of $580,680.00. Following the completion of the sale, the director now directly owns 281,506 shares in the company, valued at approximately $11,260,240. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Western Refining (NYSE:WNR) traded down 0.05% on Thursday, hitting $39.69. 1,118,046 shares of the company’s stock traded hands. Western Refining has a 52 week low of $25.62 and a 52 week high of $45.00. The stock’s 50-day moving average is $40.54 and its 200-day moving average is $39.25. The company has a market cap of $3.167 billion and a P/E ratio of 13.90.

Western Refining (NYSE:WNR) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by $0.29. The company had revenue of $3.73 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same quarter in the previous year, the company posted $0.94 earnings per share. The company’s revenue for the quarter was up 71.0% on a year-over-year basis. Analysts expect that Western Refining will post $4.03 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Citigroup Inc. reiterated a “hold” rating on shares of Western Refining in a research note on Wednesday, May 7th. They now have a $43.00 price target on the stock, up previously from $41.00. Separately, analysts at Credit Suisse upgraded shares of Western Refining from a “neutral” rating to an “outperform” rating in a research note on Friday, May 2nd. Finally, analysts at Credit Suisse upgraded shares of Western Refining from a “neutral” rating to an “outperform” rating in a research note on Friday, May 2nd. They now have a $51.00 price target on the stock, up previously from $48.00. Seven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $41.70.

Western Refining, Inc (NYSE:WNR) is an independent crude oil refiner and marketer of refined products and also operates service stations and convenience stores.

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