Spiegel Reuven sells Delek Logistics (DKL) shares for $11,250

Published 17/09/2025, 02:30
Spiegel Reuven sells Delek Logistics (DKL) shares for $11,250

Reuven Spiegel, Executive Vice President at Delek Logistics Partners, LP (NYSE:DKL), sold 250 common units of the company on September 12, 2025, at a price of $45.00, totaling $11,250. The sale comes as DKL trades near its 52-week high of $48.00, with the stock showing impressive stability through its low price volatility, according to InvestingPro data. Following the transaction, Spiegel directly owns 24,962 common units of Delek Logistics Partners, LP. The sale was executed under a pre-arranged 10b5-1 trading plan adopted on March 6, 2025. The $2.41B market cap company maintains a notable 9.88% dividend yield and has raised its dividend for 12 consecutive years. InvestingPro analysis indicates the stock is currently trading above its Fair Value, with additional insights available in the comprehensive Pro Research Report covering this and 1,400+ other US equities.

In other recent news, Delek Logistics Partners LP reported its financial results for the second quarter of 2025, which showed a shortfall in meeting analysts’ expectations. The company announced an earnings per share (EPS) of $0.83, which was below the anticipated $0.87. Additionally, Delek Logistics reported revenue of $246.35 million, missing the forecasted $255.98 million. These results reflect a slight underperformance in both earnings and revenue projections. The earnings report has drawn attention from investors and analysts, highlighting the importance of meeting financial forecasts. While the company did not meet expectations, it remains a point of interest for stakeholders monitoring its financial health. These recent developments underscore the significance of earnings and revenue figures in evaluating company performance.

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