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Western Refining (NYSE:WNR) Insider Mark J. Smith sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $45.54, for a total transaction of $455,400.00. Following the completion of the sale, the insider now directly owns 63,999 shares in the company, valued at approximately $2,914,514. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of Western Refining (NYSE:WNR) traded up 1.23% during mid-day trading on Wednesday, hitting $47.58. 1,888,857 shares of the company’s stock traded hands. Western Refining has a one year low of $27.91 and a one year high of $47.76. The stock has a 50-day moving average of $42.17 and a 200-day moving average of $40.31. The company has a market cap of $4.810 billion and a price-to-earnings ratio of 16.00.

Western Refining (NYSE:WNR) last released its earnings data on Tuesday, August 5th. The company reported $1.29 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.32 by $0.03. The company had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $3.29 billion. During the same quarter last year, the company posted $1.25 earnings per share. Western Refining’s revenue was up 79.1% compared to the same quarter last year. On average, analysts predict that Western Refining will post $3.54 earnings per share for the current fiscal year.

A number of research firms have recently commented on WNR. Analysts at Simmons upgraded shares of Western Refining from a “neutral” rating to an “overweight” rating in a research note on Thursday, August 7th. Analysts at Citigroup Inc. upgraded shares of Western Refining from a “neutral” rating to a “buy” rating in a research note on Monday, July 7th. They now have a $12.00 price target on the stock, down previously from $82.00. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $39.40.

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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