Stonemor Partners Lp (STON): Robert B Jr Hellman , director of Stonemor Partners Lp purchased 407 shares on May 2, 2016. The Insider buying transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were purchased at $24.45 per share for a total value of $9,951.15 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 5, 2016, William Robert Shane (director) purchased 203 shares at $24.37 per share price.On Apr 5, 2016, Robert B Jr Hellman (director) purchased 410 shares at $24.26 per share price.Also, On Mar 28, 2016, Lawrence Miller (CEO) purchased 1,000 shares at $24.12 per share price.On Mar 28, 2016, Sean P Mcgrath (CFO) purchased 1,000 shares at $24.13 per share price.
Shares of StoneMor Partners L.P. (STON) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.25 points or -1.06% at $23.34 with 2,04,013 shares getting traded. Post opening the session at $23.57, the shares hit an intraday low of $23.34 and an intraday high of $24 and the price vacillated in this range throughout the day. The company has a market cap of $762 M and the number of outstanding shares has been calculated to be 3,26,48,469 shares. The 52-week high of StoneMor Partners L.P. is $32.06 and the 52-week low is $22.0405.
StoneMor Partners L.P. is an owner and operator of cemeteries and funeral homes in the United States. The Company operates through five segments: Cemetery Operations – Southeast Cemetery Operations – Northeast Cemetery Operations – West Funeral Homes and Corporate. The Company’s Cemetery Operations – Northeast and Cemetery Operations – West segments sell interment rights caskets burial vaults cremation niches markers and other cemetery related merchandise. The Company’s Funeral Homes segment offers a range of funeral-related services such as family consultation the removal of and preparation of remains and the use of funeral home facilities for visitation and prayer services. The Company’s Corporate segment includes various home office selling and administrative expenses such as payroll accounting collections and professional fees. The Company operates approximately 304 cemeteries and 102 funeral homes in over 28 states and Puerto Rico.