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Robert P. Jornayvaz III, a ten percent owner of Intrepid Potash, Inc. (NYSE:IPI), sold 53,035 shares of common stock on July 22, 2025, for a total of $1.8 million. The shares were sold at a price of $34.3. The sale comes as IPI’s stock has shown strong momentum, with a 32% gain over the past six months. According to InvestingPro data, the company’s shares are currently trading near their 52-week high of $39.01.
Following the transaction, Jornayvaz directly owns 3,950 shares of Intrepid Potash. Additionally, Jornayvaz indirectly owns 1,019,804 shares through Intrepid Production Corporation, where he is the sole shareholder. With a market capitalization of $443 million, IPI maintains strong liquidity with a current ratio of 5.17. For deeper insights into insider trading patterns and comprehensive financial analysis, investors can access the detailed Pro Research Report available on InvestingPro.
Jornayvaz also holds options to buy common stock. These include options for 60,000 shares at an exercise price of $10.3, 51,369 shares at $22.9, 62,327 shares at $39, and 93,491 shares at $39. All options expire on September 30, 2025. While the company faces near-term profitability challenges, InvestingPro analysts project a return to profitability this year, with the stock currently receiving a "Fair" overall financial health score.
In other recent news, Intrepid Potash Inc . reported impressive financial results for the first quarter of 2025, significantly exceeding earnings forecasts. The company achieved an earnings per share (EPS) of $0.39, far surpassing the anticipated $0.11. Additionally, revenue reached $97.8 million, well above the projected $70.06 million. These results highlight a strong performance for the company in the recent quarter. In light of these developments, analysts are closely monitoring the company’s performance. While no specific analyst upgrades or downgrades were mentioned, the robust earnings and revenue figures have drawn attention from investment firms. These recent developments have positioned Intrepid Potash favorably in the market.
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