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FORT WORTH, Texas—Rhynsburger Blayne, the Controller of Kimbell Royalty Partners, LP (NYSE:KRP), recently sold a significant portion of the company’s stock. According to a filing with the Securities and Exchange Commission, Blayne sold 7,851 common units representing limited partner interests on March 18, 2025. The transaction was executed at a price of $13.86 per share, totaling $108,814. The sale occurred as the stock trades near its 52-week low of $13.24, with InvestingPro data showing the company maintains an impressive 93% gross profit margin and offers an 11.4% dividend yield.
Following this sale, Blayne holds 49,263 shares in the company. This transaction reflects Blayne’s latest activity in the stock market, offering investors insight into insider movements within Kimbell Royalty Partners. According to InvestingPro analysis, while the company’s current financials show mixed signals, analysts expect net income growth this year. For deeper insights into KRP’s valuation and growth prospects, investors can access the comprehensive Pro Research Report, which provides detailed analysis of this $1.5 billion market cap company.
In other recent news, Kimbell Royalty Partners reported disappointing fourth-quarter 2024 results, with earnings per share (EPS) of -$0.48, falling short of the expected $0.19. Revenue also missed projections, coming in at $66.71 million compared to the anticipated $76.42 million. Following these results, Truist Securities downgraded the company’s stock from Buy to Hold, lowering the price target from $22.00 to $16.00. Concerns were raised over the company’s share growth volatility and high earnings multiple compared to its peers. Raymond (NSE:RYMD) James also adjusted its stance, downgrading the stock from Strong Buy to Market Perform due to lower-than-expected production guidance for 2025. The firm’s revised distribution estimate for 2025 now stands at approximately $1.63 per unit. Analysts have highlighted potential challenges such as the impending Series A redemptions, which could pose additional headwinds for Kimbell Royalty Partners. Despite these setbacks, the company continues to focus on strategic acquisitions and maintaining production growth.
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