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Martin product sales buys MMLP shares worth $362k

Published 21/10/2025, 21:54
Martin product sales buys MMLP shares worth $362k
MMLP
6.43%

Martin Product Sales LLC, a ten percent owner of Martin Midstream Partners L.P. (NASDAQ:MMLP), has purchased common units of the company in a series of transactions. According to a Form 4 filing with the Securities and Exchange Commission, the purchases totaled $362,724. The insider buying comes as MMLP trades near its 52-week low of $2.49, with the stock experiencing a significant 21% decline over the past week, according to InvestingPro data.

The transactions, all of which occurred between October 17 and October 21, 2025, involved the acquisition of Martin Midstream Partners L.P. common units at prices ranging from $2.5519 to $2.6466. On October 17, Martin Product Sales LLC acquired 106,100 common units. Followed by 20,500 common units on October 20. On October 21, the entity purchased 11,500 common units. Following these transactions, Martin Product Sales LLC directly owns 2,706,838.2337 common units of Martin Midstream Partners L.P..

Martin Product Sales LLC is a wholly owned subsidiary of Martin Resource Management Corporation.

In other recent news, Martin Midstream Partners reported a third-quarter net loss of $8.4 million, or -$0.21 per unit, which was significantly below analyst expectations of -$0.02 per unit. The company’s adjusted EBITDA for the quarter was $19.3 million, falling short of both the previous year’s $25.1 million and Stifel’s estimate of $25.5 million. This shortfall was attributed to unexpected weaknesses in the marine transportation and grease businesses. As a result of these developments, Martin Midstream Partners has withdrawn its full-year 2025 guidance, citing demand softness affecting inland barge utilization. Stifel has reiterated its Hold rating on the company’s stock, maintaining a price target of $4.00. These recent developments highlight the challenges Martin Midstream Partners is facing in the current market environment.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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