Delek US holdings chairman Yemin Ezra Uzi acquires $75,064 in stock

BRENTWOOD, Tenn.—Yemin Ezra Uzi, Chairman of Delek US Holdings, Inc. (NYSE:DK), recently purchased 4,875 shares of the company’s common stock, according to a filing with the Securities and Exchange Commission. The shares were acquired at an average price of $15.3978, amounting to a total purchase value of $75,064. The purchase comes as the stock has shown strong momentum, gaining nearly 16% over the past week, though still trading significantly below its 52-week high of $33.60.

The transaction, which took place on March 14, 2025, increased Uzi’s indirect ownership through Yemin Investments, LP, to 833,145 shares. The shares were bought at prices ranging between $14.89 and $15.74. The company, currently valued at approximately $980 million, offers a notable dividend yield of 6.5% despite facing profitability challenges.

This acquisition reflects Uzi’s continued investment in Delek US Holdings, a company engaged in petroleum refining. According to InvestingPro analysis, the company operates with a significant debt burden and weak gross profit margins. InvestingPro subscribers have access to 10 additional key insights about Delek’s financial health and market position.

In other recent news, Delek US Energy Inc. reported a larger-than-expected loss for the fourth quarter of 2024, with earnings per share at -$2.54, missing the forecasted -$1.89. The company’s revenue also fell short, coming in at $2.37 billion against an expected $2.64 billion. Despite these financial setbacks, Delek is focusing on operational improvements through its Enterprise Optimization Plan, which aims to enhance cash flow. Additionally, Raymond (NSE:RYMD) James analyst Justin Jenkins revised the price target for Delek US Holdings, reducing it to $24 from $25, while maintaining an Outperform rating on the shares. Jenkins highlighted that Delek is implementing strategic measures to improve its market position and financial performance, despite challenging macroeconomic conditions. The analyst remains optimistic about Delek’s risk/reward balance, noting that the stock is trading at a valuation discounted to its fair value. These developments reflect Delek’s ongoing efforts to navigate a difficult refining margin environment and bolster future performance.

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