Crossamerica Partners Lp (CAPL) Files Form 4 Insider Buying : S Eugene Edwards Buys 10,000 Shares

Crossamerica Partners Lp (CAPL): S Eugene Edwards , director of Crossamerica Partners Lp purchased 10,000 shares on Jun 13, 2016. The Insider buying transaction was reported by the company on Jun 15, 2016 to the Securities and Exchange Commission. The shares were purchased at $22.92 per share for a total value of $229,800.00 , 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, Jeremy Bergeron (President) purchased 2,000 shares at $23.30 per share price.On Mar 9, 2016, Hamlet T Jr Newsom (VP General Counsel & Secretary) purchased 370 shares at $23.90 per share price.Also, On Aug 28, 2015, John B. Iii Reilly (director) purchased 10,000 shares at $23.01 per share price.On Aug 28, 2015, Joseph V. Jr. Topper (CEO) purchased 14,300 shares at $22.11 per share price.

Shares of Crossamerica Partners LP (CAPL) ended Tuesday, Jun 14, 2016 session in red amid volatile trading. The shares closed down -0.45 points or -1.94% at $22.78 with 46,317 shares getting traded. Post opening the session at $23.32, the shares hit an intraday low of $22.6 and an intraday high of $23.64 and the price vacillated in this range throughout the day. The company has a market cap of $757 M and the number of outstanding shares has been calculated to be 3,32,38,061 shares. The 52-week high of Crossamerica Partners LP is $33.08 and the 52-week low is $17.388.

Crossamerica Partners LP Money Flow Index Chart

Company has been under the radar of several Street Analysts.Crossamerica Partners LP is Initiated by Jefferies to Buy. The Rating was issued on Apr 8, 2016.

CrossAmerica Partners LP is engaged in the distribution of motor fuels including gasoline and diesel fuel. The Company owns and leases real estate used in the retail distribution of motor fuels. The Company’s sites are located in Pennsylvania New Jersey Ohio New York Massachusetts Kentucky New Hampshire Maine Florida Maryland Delaware Tennessee Virginia Illinois Indiana and West Virginia. The Company also distributes motor fuel in Georgia and North Carolina. The Company operates in two segments: wholesale and retail. As of December 31 2014 the Company distributed motor fuels to 1074 sites. The Company purchases branded and unbranded motor fuel from integrated oil companies refiners and unbranded fuel suppliers. The Company operates 87 convenience stores in Virginia and West Virginia. In addition the Company through One Stop convenience stores network owns 41 stores in Charleston West Virginia.

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