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Robert P. Jornayvaz III, a significant shareholder in Intrepid Potash, Inc. (NYSE:IPI), has sold 57,441 shares of the company’s common stock. The transaction, which took place on February 14, 2025, amounted to a total of approximately $1.48 million, with shares sold at a weighted average price of $25.84. The stock, which InvestingPro analysis indicates is slightly overvalued, has shown strong momentum with a 21.6% gain year-to-date. Following this sale, Jornayvaz holds 1,227,559 shares indirectly through Intrepid Production Corporation and 56,987 shares directly. This sale was executed in multiple transactions with prices ranging from $25.50 to $26.27 per share. According to InvestingPro, the company maintains strong liquidity with a current ratio of 4.41 and generates an attractive 9% free cash flow yield. Get access to 6 more key ProTips and comprehensive financial analysis with InvestingPro’s detailed research report.
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