Delek logistics director Spiegel sells $11,250 in stock

Published 09/10/2025, 01:18
Delek logistics director Spiegel sells $11,250 in stock

Delek Logistics Partners, LP (NYSE:DKL) Executive Vice President, DKL, Reuven Spiegel, sold 250 common units of the company on October 6, 2025, at a price of $45.00, for a total value of $11,250. The transaction occurred near the stock’s current trading price of $44.99, with DKL maintaining a market capitalization of $2.4 billion. According to InvestingPro data, the stock is trading close to its 52-week high of $48.00.

Following the transaction, Spiegel directly owns 24,712 common units in Delek Logistics Partners, LP. The sale was executed under a pre-arranged 10b5-1 trading plan adopted on March 6, 2025. Notable company characteristics include a substantial 9.91% dividend yield and historically low price volatility with a beta of 0.54. For deeper insights into DKL’s insider trading patterns and comprehensive analysis, investors can access the detailed Pro Research Report available on InvestingPro, which covers over 1,400 US stocks.

In other recent news, Delek Logistics Partners LP announced its second-quarter 2025 earnings, revealing a shortfall in both earnings per share (EPS) and revenue compared to forecasts. The company reported an EPS of $0.83, which was below the anticipated $0.87. Additionally, Delek Logistics recorded revenue of $246.35 million, missing the projected $255.98 million. These figures highlight a slight underperformance in the company’s financial results for the quarter. Despite the missed targets, these developments provide insight into the company’s recent financial status. Investors and analysts will likely continue to monitor Delek Logistics’ future performance.

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