Nustar Gp Holdings, Llc (NSH): William E Greehey , director 10% owner of Nustar Gp Holdings, Llc purchased 40,000 shares on Jun 28, 2016. The Insider buying transaction was reported by the company on Jun 30, 2016 to the Securities and Exchange Commission. The shares were purchased at $24.99 per share for a total value of $1,005,953.75 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 9, 2016, William E Greehey (director 10% owner) purchased 15,757 shares at $25.59 per share price.On Feb 9, 2016, James F Clingman (director) sold 14,335 shares at $29.03 per share price.Also, On Dec 14, 2015, Mary Rose Brown (EVP & CAO) purchased 500 shares at $18.73 per share price.On Dec 8, 2015, Bradley C Barron (CEO) purchased 1,000 shares at $18.90 per share price.
NuStar GP Holdings LLC: On Wednesday, Jun 29, 2016 heightened volatility was witnessed in NuStar GP Holdings LLC which led to swings in the share price. The shares opened for trading at $24.71 and hit $25.7 on the upside , eventually ending the session at $25.35, with a gain of 1.97% or 0.49 points. The heightened volatility saw the trading volume jump to 4,02,034 shares. The 52-week high of the share price is $39.05 and the company has a market cap of $1,088 M . The 52-week low of the share price is at $12.86.
Company has been under the radar of several Street Analysts.NuStar GP Holdings LLC is Reiterated by Barclays to Equal Weight and the brokerage firm has raised the Price Target to $ 26 from a previous price target of $22 .The Rating was issued on Apr 28, 2016.
NuStar GP Holdings LLC is a limited liability company. The Company has ownership interests in NuStar Energy L.P. (NuStar Energy) which is engaged in the transportation of petroleum products and anhydrous ammonia the terminalling and storage of petroleum products and the marketing of petroleum products. The Company through NuStar Energy has interests in 81 terminal and storage facilities. NuStar Energy has terminal and storage facilities in the United States Canada Mexico the Netherlands including St. Eustatius in the Caribbean and the United Kingdom. NuStar Energy constructs and operates its pipelines storage terminals and other facilities on land owned by third-parties and Governmental agencies. NuStar Energy’s segments include pipeline segment storage segment and fuels marketing segment. The Company’s wholly owned subsidiary NuStar GP LLC provides administrative services to the Company.