Stonemor Partners Lp (STON): Martin R Lautman , director of Stonemor Partners Lp purchased 421 shares on May 31, 2016. The Insider buying transaction was reported by the company on Jun 2, 2016 to the Securities and Exchange Commission. The shares were purchased at $23.62 per share for a total value of $9,943.98 , 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 4, 2016, William Robert Shane (director) purchased 202 shares at $24.46 per share price.On May 4, 2016, Robert B Jr Hellman (director) purchased 407 shares at $24.45 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.
StoneMor Partners L.P.: On Wednesday, Jun 1, 2016 heightened volatility was witnessed in StoneMor Partners L.P. which led to swings in the share price. The shares opened for trading at $23.7 and hit $24 on the upside , eventually ending the session at $23.99, with a gain of 1.65% or 0.39 points. The heightened volatility saw the trading volume jump to 1,14,403 shares. The 52-week high of the share price is $32.06 and the company has a market cap of $842 M . The 52-week low of the share price is at $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.