Par Pacific’s Hollis sells $180,627 in shares

Published 04/09/2025, 16:22
Par Pacific’s Hollis sells $180,627 in shares

Jeffrey Ryan Hollis, Senior VP - General Counsel and Secretary at Par Pacific Holdings Inc (NYSE:PARR), sold 5,228 shares of common stock on September 2, 2025, according to a recent SEC Form 4 filing. The transaction comes as PARR trades near its 52-week high of $35.94, having delivered impressive returns of 181% over the past six months. The shares were sold at weighted average prices ranging from $34.54 to $34.63, inclusive, for a total transaction value of $180,627.

Following the transaction, Hollis directly owns 24,679 shares of Par Pacific Holdings.

In other recent news, Par Pacific Holdings Inc. reported impressive financial results for the second quarter of 2025. The company achieved earnings per share of $1.54, significantly surpassing the forecasted $0.65. Additionally, Par Pacific’s revenue reached $1.89 billion, exceeding expectations of $1.57 billion. Despite these strong earnings and revenue figures, Raymond James has adjusted its price target for Par Pacific to $36.00 from $38.00, while maintaining an Outperform rating. The firm attributed the change to current macroeconomic volatility but acknowledged the company’s solid upside potential. Raymond James noted Par Pacific’s efforts in refining optimization and the SAF project sell-down as key priorities. These developments highlight the company’s strategic focus amid an evolving market landscape. The recent financial performance and analyst insights provide valuable context for investors.

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