World Point Terminals, Lp (WPT): Paul A Novelly , director officer 10% owner of World Point Terminals, Lp purchased 7,650 shares on Jun 9, 2016. The Insider buying transaction was reported by the company on Jun 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $15.10 per share for a total value of $115,515.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 7, 2016, Paul A Novelly (director officer 10% owner ) purchased 13,857 shares at $15.00 per share price.On May 23, 2016, G Louis Iii Graziadio (director other) sold 2,541 shares at $15.09 per share price.Also, On Dec 29, 2015, Kenneth E Fenton (officer ) sold 2,000 shares at $13.59 per share price.On Dec 28, 2015, Steven G Twele (director) sold 524 shares at $13.60 per share price.
World Point Terminals LP (WPT) witnessed a volatile trading activity on Friday Jun 10, 2016 and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $15.04 and reached the intraday high at $15.19. The bulls started the profit booking and pushed the shares to intraday low of $15.01. The trading session was marked by a volume range of 26,008 shares exchanging hands. The 52-week high of the shares is $18 and the 52-week low is $11.794. The market cap of the company stands at $530 M and there are 3,48,61,014 shares in public circulation.
World Point Terminals LP owns operates develops and acquires terminals and other assets relating to the storage of petroleum products including light refined products heavy refined products and crude oil. Through its subsidiary Center Point the Company owns and operates 15.3 million barrels of tankage at terminals which are located in the East Coast Gulf Coast and Midwest regions of the United States. In East Coast the terminals are located in Albany Baltimore Chesapeake Gates Glenmont Greensboro Jacksonville Newark and Weirton. In Gulf Coast the terminals are located in Baton Rouge Blakeley Island Chickasaw and Galveston. In Midwest terminals are located in Granite City Memphis Little Rock Pine Bluff and St. Louis. The Company’s terminal facilities are located on waterways providing ship or barge access for the movement of petroleum products and have truck racks with loading logistics. Its terminal facilities also have rail or pipeline access.